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VEESONS ENERGY
Banks move DRT to enforce personal guarantees provided by Dhoots for Videocon loansThe Dhoots had promised to personally repay the banks if their companies defaulted, SBI's application says.- No moratorium for personal guarantors: Supreme CourtThe law mandates a moratorium of 180 days against a corporate debtor once insolvency proceedings start.
- SC to examine if moratorium under IBC extends to personal guarantors as wellThe top court issued notices on a petition filed by the State Bank of India (SBI) against a controversial February 28, 2018, NCLT order.
- IBC panel for allowing lenders to invoke personal guaranteesIf accepted, this will be a significant move in the light of a recent decision by the NCLAT that SBI cannot invoke personal guarantees and ...
- SBI may challenge order against taking over guarantor’s assetsA senior executive with the bank said it is considering moving the apex court. “It is being deliberated, we will take a decision soon,” he ...
- Insolvency law: Government to review sale ban on guarantors’ personal assetsThe law committee has identified issues that may impact the efficiency of corporate insolvency resolution and will submit its recommendatio...
- Landmark judgment: Guarantors’ assets cannot be liquidated under IBCNCLAT’s ruling has huge ramifications as it offers relief for personal assets of promoters. This also effectively overturns the earlier rul...
- Veesons Energy chalks out 5 year biz plan, open to tap PETrichy-based boiler and power plant manufacturer, Veesons energy systems has chalked out a five year strategy to grow its existing process ...
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