DHFL lenders may move NCLT against guarantors

Banks, sources said, have examined the possibility of moving the National Company Law Tribunal (NCLT) with the Supreme Court last month paving the way for financial creditors to go after personal assets of promoters and directors who stood as guarantors once the borrowing company is taken to bankruptcy court or faces liquidation.

from Banking/Finance-Industry-Economic Times https://ift.tt/3v5MUUz