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A corporate person, extending guarantee for a principal borrower not being a corporate person, would still be covered within the meaning of expression “corporate debtor” in Section 3(8) of the IB Code l – Supreme Court

March 27, 2021

A corporate person, extending guarantee for a principal borrower not being a corporate person, would still be covered within the meaning of expression “corporate debtor” in Section 3(8) of the IB Code.

Text of the judgement

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