Sukrit R Kapoor Highlights Insolvency and Bankruptcy Board Clampdown on Personal Guarantors in Bid to Bolster Creditor Rights

In a recent article in The Telegraph online, Sukrit R Kapoor highlighted the significance of the latest reforms targeting personal guarantors in India. He described these reforms as a crucial development in the ongoing tug-of-war between personal guarantors and lenders.

The Insolvency and Bankruptcy Board of India’s (IBBI) new measures aim to strengthen creditor rights and provide a more robust framework for debt recovery, signaling a decisive move to ensure financial stability and accountability in the lending process.

Read full article: https://www.telegraphindia.com/amp/business/insolvency-and-bankruptcy-board-clampdown-on-personal-guarantors-in-bid-to-bolster-creditor-rights/cid/2029187