Kundanmal Dabriwala vs Haryana Financial Corpn. and Anr.
Liability of person standing as surety for dues of principal debtor: Creditor’s claim extinguished on scheme being sanctioned-Sanctioned scheme binding on all creditors including non-consenting creditors, Discharge of surety on extinction of claim-The petitioner, a promoter-director of the principal debtor-company, along with the other shareholders of the company filed a petition under s.391 and [LexDoc Id : 426916]
