Navigating Guarantor Liabilities in India’s Legal Maze
By Mukul Kumar Shrawat, Judge (Retd.) Being a guarantor in India comes with significant responsibilities and potential liabilities. With the evolving legal landscape, understanding the interplay between the Indian Contract Act, 1872, the Companies Act, 2013, and the Insolvency and Bankruptcy Code (IBC), 2016, is crucial for guarantors, particularly company directors. This article explores these…
