Ranganayagi S ( bengaluru )
11-Oct-2025 01:48 PM
section 14(3B)
as per this section, the suit for recovery can be made upon guarantor if the cd is under moratorium. but what if the guarantor is also under moratorium in a separate way of its own. ? can the case be filed?? What is the alternative
If both the corporate debtor and the guarantor are under moratorium in their respective CIRPs, no recovery proceedings can continue against either; the creditor must file claims in both CIRPs or wait till moratorium ends.
Answer given by Shubhamm Sir at 14-Oct-2025 09:23 PM