NCLT Kochi allows initiation of the Insolvency Resolution Process against the Personal Guarantor
![NCLT Kochi allows initiation of the Insolvency Resolution Process against the Personal Guarantor](https://static.wixstatic.com/media/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.webp)
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Dispute raised by the CD isn't a spurious or legally feeble argument but backed with ample evidence](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Jan 28, 2022
- 1 min
Dispute raised by the CD isn't a spurious or legally feeble argument but backed with ample evidence
![There is no scope to include the Interest with the Principal sum to constitute the Operational debt](https://static.wixstatic.com/media/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.webp)
- Jan 27, 2022
- 3 min
There is no scope to include the Interest with the Principal sum to constitute the Operational debt
![SC: The motive behind the action brought by the victim of fraud can never stand as an impediment](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Jan 27, 2022
- 4 min
SC: The motive behind the action brought by the victim of fraud can never stand as an impediment
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![RP has no ground to doubt the transaction which was more than 2 years prior to commencement of CIRP](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Jan 25, 2022
- 2 min
RP has no ground to doubt the transaction which was more than 2 years prior to commencement of CIRP
![](https://static.wixstatic.com/media/d515a3_4dd79b493d64481ea47a9d8150ea284d~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_4dd79b493d64481ea47a9d8150ea284d~mv2.webp)
![IBBI organises an online Course on "Changing Paradigms of IBC, 2016" in association with NLU Jodhpur](https://static.wixstatic.com/media/d515a3_4dd79b493d64481ea47a9d8150ea284d~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4dd79b493d64481ea47a9d8150ea284d~mv2.webp)
- Jan 25, 2022
- 2 min
IBBI organises an online Course on "Changing Paradigms of IBC, 2016" in association with NLU Jodhpur
![SC: It is the discretion to be exercised by the Court to remit the matter to the Arbitral Tribunal](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Jan 24, 2022
- 2 min
SC: It is the discretion to be exercised by the Court to remit the matter to the Arbitral Tribunal
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![If there is an existence of a dispute between the parties, Court ought not to go into other issues](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Jan 22, 2022
- 2 min
If there is an existence of a dispute between the parties, Court ought not to go into other issues
![](https://static.wixstatic.com/media/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.webp)
![SC: The Power generating companies are not eligible for exemption from payment of purchase tax](https://static.wixstatic.com/media/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.webp)
- Jan 22, 2022
- 3 min
SC: The Power generating companies are not eligible for exemption from payment of purchase tax
![](https://static.wixstatic.com/media/d515a3_795ee30c2952409daf97b140d2020d90~mv2.jpg/v1/fill/w_211,h_211,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_795ee30c2952409daf97b140d2020d90~mv2.webp)
![International Insolvency & Bankruptcy Moot Competition 2021-22 being organised from 1 to 3 April '22](https://static.wixstatic.com/media/d515a3_795ee30c2952409daf97b140d2020d90~mv2.jpg/v1/fill/w_209,h_176,fp_0.50_0.50,q_90,enc_auto/d515a3_795ee30c2952409daf97b140d2020d90~mv2.webp)
- Jan 21, 2022
- 1 min
International Insolvency & Bankruptcy Moot Competition 2021-22 being organised from 1 to 3 April '22