Surety’s Right of Subrogation and Insolvency amp; Bankruptcy Code, 2016

In the case of State Bank of India Vs.V.Ramakrishnanamp;ors. the Hon’ble Supreme Court of India held that there was no bar for a creditor to proceed against a surety for recovery of dues even during the moratorium period declared under Section 14 of the Insolvency amp;Bankruptcy Code,2016 (Code).In the case of State Bank of India Vs.V.Ramakrishnanamp;ors. the Hon’ble Supreme Court of India held that there was no bar for a creditor to proceed against a surety for recovery of dues even during the moratorium period declared under Section 14 of the Insolvency amp;Bankruptcy Code,2016 (Code).taxmann.com Latest ArticlesRead More

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