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IBBI allows same RP for company and personal guarantor insolvency

Illustration: Binay Sinha

Illustration: Binay Sinha


The Insolvency and Bankruptcy Board of India (IBBI) has revised its regulations to now permit the appointment of the same insolvency professional for the resolution process of a company and its personal guarantor. This amendment aims to enhance harmonisation and improve coordination between the two processes.


The modifications to the IBBI – Bankruptcy Process for Personal Guarantors to Corporate Debtors,…


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