IBC
31 Aug 2026
Corporate Guarantor Admitted to CIRP on Bank’s ₹27.29 Crore Claim: NCLT Mumbai
Rama Agro Foods’ guarantee was invoked after the principal borrower defaulted. Finding debt and default above ₹1 crore, the tribunal imposed a moratorium and appointed an IRP.
NCLT MumbaiIBC Section 7corporate guarantee
By Puneet Jain