The Economic Times

IBBI seeks tighter regulations around personal guarantors, valuation of insolvent firms

Personal guarantors of struggling companies may lose their interim moratorium protection, as the insolvency regulator proposes changes to prevent delays in recovery. Creditors can now pursue or continue recovery actions. Additionally, the regulator aims to enhance transparency and accountability in appointing registered valuers for stressed firms, requiring creditor approval and mandating confidential submission of valuation reports until resolution plans are finalized.