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1 - 10 of 15 (0.30 seconds)Section 7 in The Payment And Settlement Systems Act, 2007 [Entire Act]
Article 8 in Constitution of India [Constitution]
Section 25 in The Payment And Settlement Systems Act, 2007 [Entire Act]
The Negotiable Instruments Act, 1881
Section 5 in The Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 [Entire Act]
State Bank Of India vs Athena Energy Ventures Pvt Ltd on 24 November, 2020
34. The issue about simultaneous CIRP against the Corporate
Debtor and the Personal Guarantor is also sought to be answered
by the Ld. Counsel for the Respondent No. 1 by citing certain
Judgments of the Hon'ble Supreme Court and the NCLAT in the
Company Appeal (AT) (Insolvency) No. 321 of 2021
Page 21 of 25
matter of State Bank of India Vs. Athena Energy Ventures Pvt.
Ltd. [CA (AT) (Ins) No.633 of 2020] the NCLAT, has taken note of
the Judgment in the matter of M/s Piramal Enterprises Ltd., held
that in view of Sub-Section(2) and (3) of Section 60 of IBC wherein
the words "Liquidation or bankruptcy of the Corporate Debtor for
Personal Guarantor as the case may be, of such Corporate Debtor"