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The word used “may” under Section 99(2) cannot be construed as mandatory one and it gives only discretionary however to the Resolution professional – KEB Hana Bank Vs. Mr. Rohit Nath – DRT Chennai Bench (DRT-II) IBC-Case Laws-DRT
ArcelorMittal India Pvt. Ltd. Vs. State Bank of India – DRT Ahmedabad Bench (DRT-1) Case Laws-SARFAESI-DRT, IBC-Case Laws-DRT
If Secured Financial Creditors have assigned their entire debt from the Borrower to the Successful Resolution Applicant under a Resolution Plan, they cannot invoke the Personal Guarantees after approval of the Resolution Plan – State Bank of India Vs. Mr. Prashant S. Ruia – DRT Ahmedabad Bench (DRT-1) Case Laws-SARFAESI-DRT, IBC-Case Laws-DRT, Newsletter-IBC Case
Initiation of Bankruptcy process against a Personal Guarantor – KEB Hana Bank Vs. Mr. Rohit Nath -DRT Chennai Bench (DRT-II) IBC-Case Laws-DRT, Newsletter-IBC Case
