The Insolvency and Bankruptcy Code (IBC) provides opportunities for defaulting firms and personal guarantors to restructure debts. The Mini...

The Insolvency and Bankruptcy Board of India (IBBI) has proposed changes in the resolution plan process to hold guarantors accountable, fol...

If you are a financial guarantor, you will be responsible for repaying the entire loan in case your sibling is unable to do so. The bank al...

Many of the family trusts created by businesspeople are meant primarily to protect their assets from potential claims related to their comp...

In a letter to JIL's Interim Resolution Professional Anuj Jain, the Chairman of Jaiprakash Associates Ltd Manoj Gaur has urged him to consi...

Loan defaults are bad news for people who have stood as guarantors to loans taken by friends and relatives. Most people know that a guarant...

The amount for which you will stand guarantee will reflect in your credit report as an outstanding liability. Hence, understand the legal i...

The reserve price for the bungalow with 12,100 sq ft built-up area is set at Rs 121 crore, while the dues from the company and loan guarant...

In the third part of the new series, ET Wealth talks about the consequences of being a guarantor and the questions to ask in order to avoid...

A working committee of insolvency professionals had submitted its recommendations on proposed regulations to IBBI more than a month ago.

Nasdaq said Wins doesn’t meet regulations requiring it to have 300 shareholders who own 100 shares.

Some bankers call a 'novel way of evergreening' stressed accounts, help companies avoid default on their obligations and make banks avoid p...

It is important to understand the financial liabilities you will incur since you may have to pay the dues if the borrower were to default.

A prosecution witness today told a Delhi court that Essar Power Ltd stood as a guarantor to an SBI loan for Loop Telecom Pvt Ltd.

One must understand that being a bank loan guarantor can have multiple financial implications.

Guarantor will be under obligation to make good the loan amount if the original debtor defaults. Plan finances before going for loan | Cost...