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Tag: Section 95

Application Under Section 95 Of IBC Cannot Be Rejected Solely On The Grounds Of Non Stamping Or Insufficient Stamping Of Deed Of Guarantee When The Default Had Been Satisfactorily Established.

Saturday August 3, 2024. BY Shradha Patil | Insolvency & Bankruptcy

Introduction In the case of State Bank of India v. Mamta Kishore Apparao[i],  the Hon’ble NCLT held that the defect as to insufficient/non-stamping of Guarantee Deeds is a curable defect and thus cannot be a

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