{"id":236211,"date":"2020-09-24T15:03:32","date_gmt":"2020-09-24T09:33:32","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=236211"},"modified":"2020-09-24T15:23:34","modified_gmt":"2020-09-24T09:53:34","slug":"kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/","title":{"rendered":"Kar HC | &#8216;He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Karnataka High Court: <\/strong>P.S. Dinesh Kumar, J., rejects the petition seeking the writ of certiorari against the order of NCLT imposing heavy costs.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #008000;\"><strong>Facts<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">The petitioner company availed a loan from the Bank of Maharashtra towards its infrastructure development and various other works. Upon delay in payment of interest, the bank issued a notice under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002<em>.<\/em> Sale notice and public notice were subsequently published. By an interim order passed by the present court, the Bank was allowed to proceed with the auction provided it shall not confirm the sale.<\/p>\n<p style=\"text-align: justify;\">Subsequently, the respondent also moved to the NCLT under Section 7 of the Insolvency and the Bankruptcy Code, 2016 wherein the tribunal appointed an Insolvency Resolution Professional (IRP) to facilitate the process. Noticeably, while the case was before NCLT, the petitioner sought time for settling the issue and submitting its objections on several occasions through as many as thirteen adjournment orders.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #008000;\"><b>Petitioner&#8217;s Contentions<\/b><\/span><\/p>\n<p style=\"text-align: justify;\">It was submitted by the counsel for the petitioner, Vivek Holla, that despite sincere attempts, the interest amount could not be deposited either before the NCLT or the present Court. Further, no adequate opportunity of filing the counter was provided at the hearing before NCLT. Lastly, the tribunal was devoid of any jurisdiction upon the instant matter as on the date of application under Section 7, the debt was time-barred.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #008000;\"><em>\u00a0<\/em><strong>Respondent&#8217;s Contentions<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">The counsel for the respondent, M. Jagadeesh submitted that the petition by an erstwhile Director of the Company is not maintainable and further the conduct of the petitioner also disentitles him from any other discretionary relief. The counsel relying on the case of <em>Innoventive Industries Ltd. v. ICICI Bank, <\/em><a href=\"http:\/\/www.scconline.com\/DocumentLink\/5rJ5K6D3\">(2018) 1 SCC 407<\/a>, contended that once IRP is appointed, the erstwhile directors who are no longer in management cannot stand in appeal.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #008000;\"><strong>Court&#8217;s Observation<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">The Court rejected the present petition recognizing several reasons. <em>Firstly,<\/em> the petitioner company is represented by its erstwhile director, <em>secondly,<\/em> the petitioner company has willfully defaulted on several occasions, giving false assurances with regards to the settlement before the NCLT and <em>thirdly,<\/em> the impugned order is an appealable order. With respect to the court order and an undertaking, the court remarked, <em>\u2018An assurance is a promise and stands on a higher footing than an order passed by Tribunals or Courts because promises or undertakings are given voluntarily whereas orders are imposed by an authority.\u2019 <\/em>Further relying on the judgment of <em>Prestige Lights Ltd. v. State Bank of India, <\/em><a href=\"http:\/\/www.scconline.com\/DocumentLink\/NDR99Mi8\">(2007) 8 SCC 449<\/a>, it was held that an order passed by a competent court, interim or final, has to be obeyed without reservation.[Alpine Wineries (P) Ltd. v. Pridhvi Asset Reconstruction Company, WP No. 1631 of 2020, decided on 04-09-2020]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karnataka High Court: P.S. Dinesh Kumar, J., rejects the petition seeking the writ of certiorari against the order of NCLT imposing heavy <\/p>\n","protected":false},"author":67011,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,10],"tags":[43467,30361,26444,12521,3596],"class_list":["post-236211","post","type-post","status-publish","format-standard","hentry","category-casebriefs","category-highcourts","tag-bank-of-maharashtra","tag-ibc","tag-interim-order","tag-nclt","tag-SARFAESI"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kar HC | &#039;He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-\u02bbhe-who-comes-into-equity-must-come-with-clean-hands\u02bc-petition-dismissed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kar HC | &#039;He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed\" \/>\n<meta property=\"og:description\" content=\"Karnataka High Court: P.S. Dinesh Kumar, J., rejects the petition seeking the writ of certiorari against the order of NCLT imposing heavy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-\u02bbhe-who-comes-into-equity-must-come-with-clean-hands\u02bc-petition-dismissed\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-24T09:33:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-24T09:53:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/IMG_3499-e1487871967209.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/\",\"name\":\"Kar HC | 'He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"datePublished\":\"2020-09-24T09:33:32+00:00\",\"dateModified\":\"2020-09-24T09:53:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kar HC | &#8216;He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Kar HC | 'He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-\u02bbhe-who-comes-into-equity-must-come-with-clean-hands\u02bc-petition-dismissed\/","og_locale":"en_US","og_type":"article","og_title":"Kar HC | 'He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed","og_description":"Karnataka High Court: P.S. Dinesh Kumar, J., rejects the petition seeking the writ of certiorari against the order of NCLT imposing heavy","og_url":"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-\u02bbhe-who-comes-into-equity-must-come-with-clean-hands\u02bc-petition-dismissed\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2020-09-24T09:33:32+00:00","article_modified_time":"2020-09-24T09:53:34+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/IMG_3499-e1487871967209.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/","url":"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/","name":"Kar HC | 'He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"datePublished":"2020-09-24T09:33:32+00:00","dateModified":"2020-09-24T09:53:34+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/24\/kar-hc-%ca%bbhe-who-comes-into-equity-must-come-with-clean-hands%ca%bc-petition-dismissed\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Kar HC | &#8216;He who comes for relief in equity must come with clean hands\u02bc; Petition dismissed"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":333409,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/10\/19\/ph-hc-directs-union-bank-of-india-to-refund-forfeited-amount-deposited-by-auction-purchaser\/","url_meta":{"origin":236211,"position":0},"title":"\u2018Arbitrary, illegal and in colourable exercise of power\u2019; P&amp;H HC directs Union Bank of India to refund forfeited amount deposited by auction purchaser","author":"Arushi","date":"October 19, 2024","format":false,"excerpt":"The bank has acted in an arbitrary and illegal manner by claiming that the entire bid amount shall be deposited by the petitioner, while on the other hand, avoiding the question of the supervening legal impossibility, which debarred them from issuing Sale Certificate or handing over the physical possession of\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Punjab and Haryana High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Punjab-and-Haryana-High-Court.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Punjab-and-Haryana-High-Court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Punjab-and-Haryana-High-Court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Punjab-and-Haryana-High-Court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":376118,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/02\/19\/madhya-pradesh-hc-denies-relief-to-extol-industries-against-bank-of-baroda\/","url_meta":{"origin":236211,"position":1},"title":"IBC is a complete code with inbuilt remedies; MP HC denies relief to personal guarantors of Extol Industries in \u20b924.83 Crore Bank of Baroda dispute","author":"Sonali Ahuja","date":"February 19, 2026","format":false,"excerpt":"The Court noted that despite filing an appeal before the NCLAT, the petitioners filed the present writ petition challenging the demand notice issued by the Bank.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"relief to Extol Industries against Bank of Baroda","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/02\/relief-to-Extol-Industries-against-Bank-of-Baroda.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/02\/relief-to-Extol-Industries-against-Bank-of-Baroda.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/02\/relief-to-Extol-Industries-against-Bank-of-Baroda.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/02\/relief-to-Extol-Industries-against-Bank-of-Baroda.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":357231,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/08\/21\/cam-advises-union-bank-bankruptcy-petition-kapil-wadhawan-nclt\/","url_meta":{"origin":236211,"position":2},"title":"CAM successfully advises Union Bank of India in Bankruptcy Petition Against Kapil Wadhawan; NCLT Mumbai Admits Petition","author":"Editor","date":"August 21, 2025","format":false,"excerpt":"Kapil Wadhawan had executed a joint deed of personal guarantee to secure the credit facilities extended to erstwhile Dewan Housing Finance Corporation Ltd., not exceeding INR. 50,656.84 Crores.","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Bankruptcy Petition Against Kapil Wadhawan","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/Bankruptcy-Petition-Against-Kapil-Wadhawan.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/Bankruptcy-Petition-Against-Kapil-Wadhawan.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/Bankruptcy-Petition-Against-Kapil-Wadhawan.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/Bankruptcy-Petition-Against-Kapil-Wadhawan.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":378739,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/03\/18\/nclt-hyderabad-invocation-of-personal-guarantee-nclt-section-95-ibc\/","url_meta":{"origin":236211,"position":3},"title":"NCLT: Demand Notice under Form B not valid invocation of personal guarantee under S. 95 IBC","author":"Ekta","date":"March 18, 2026","format":false,"excerpt":"NCLT examined whether a statutory Form B notice under R. 7(2) of the 2019 Rules, without a distinct contractual demand, can give rise to liability under an on-demand guarantee.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"invocation of personal guarantee","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/invocation-of-personal-guarantee.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/invocation-of-personal-guarantee.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/invocation-of-personal-guarantee.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/invocation-of-personal-guarantee.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":330504,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/an-insolvency-proceeding-under-section-95-of-the-ibc-abates-after-the-death-of-personal-guarantor-nclt-scc-times\/","url_meta":{"origin":236211,"position":4},"title":"Insolvency proceeding under Section 95 IBC can\u2019t be continued against legal heirs after personal guarantor\u2019s death: NCLT","author":"Ritu","date":"September 10, 2024","format":false,"excerpt":"\u201cThe term \u201cpersonal guarantor\u201d is defined under Section 5(22) of the IBC as \u201cpersonal guarantor\u201d means an individual who is the surety in a contract of guarantee to a corporate debtor.\u201d","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Company Law Tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/National-Company-Law-Tribunal.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/National-Company-Law-Tribunal.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/National-Company-Law-Tribunal.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/National-Company-Law-Tribunal.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":314799,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/02\/21\/gujarat-high-court-directs-nclt-ahmedabad-to-permit-use-of-electronic-devices-legal-news\/","url_meta":{"origin":236211,"position":5},"title":"Gujarat High Court directs NCLT Ahmedabad to permit use of electronic devices during hearings","author":"Editor","date":"February 21, 2024","format":false,"excerpt":"A notice was posted outside the Court room by the NCLT, Ahmedabad prohibiting the use of mobile phones and other electronic devices.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Gujarat High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Gujarat-High-Court.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Gujarat-High-Court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Gujarat-High-Court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Gujarat-High-Court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/236211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=236211"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/236211\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=236211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=236211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=236211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}