An individual who provides a personal guarantee to a creditor for credit facilities availed by a corporate debtor. Under IBC, insolvency proceedings against personal guarantors are adjudicated by DRTs, not NCLT.
Last updated: 17 May 2026
An individual who provides a personal guarantee to a creditor for credit facilities availed by a corporate debtor. Under IBC, insolvency proceedings against personal guarantors are adjudicated by DRTs, not NCLT.
Personal Guarantor is significant under IBC because An individual who provides a personal guarantee to a creditor for credit facilities availed by a corporate debtor. Under IBC, insolvency proceedings against personal guarantors are adjudicated by DRTs, not NCLT.
Personal Guarantor under IBC applies to companies, professionals, and individuals involved in IBC-related compliance and regulatory matters in India. Specifically: An individual who provides a personal guarantee to a creditor for credit facilities availed by a corporate debtor. Under IBC, insolvency proceedings a...