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Writs involving provisions regarding personal guarantors to be moved to SC to avoid conflicting decisions of HCs

December 3, 2020[2020] 121 364 (SC)

IBC : Where several Writ Petitions had been filed in different High Courts challenging Notification dated 15-11-2019 by which Part III of IBC, 2016 and other provisions relating to personal guarantors of corporate debtors had been brought into force, they were to be transferred from High Courts to Supreme Court to avoid conflicting decisions by High Courts and to authoritatively settle law

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