PGB Regulation 35 of IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 – Return of amount

The Insolvency and Bankruptcy Code, 2016 IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 20169 Chapter […]

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The Insolvency and Bankruptcy Code, 2016

IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 20169

Chapter VI – Proceeds of Bankruptcy Process and Distribution of Proceeds

Regulation 35: Return of amount.

35. A creditor shall forthwith return any amount received by him in distribution, which he was not entitled to at the time of distribution, or subsequently.



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