Corporate Guarantee Invoked Not Protected u/s.10A IBC After Stipulated Period: NCLAT Dismisses Appeal in ₹104 Cr HDFC Bank Loan Dispute

The NCLAT dismissed an appeal in a ₹104 crore repayment dispute involving HDFC Bank, ruling that a corporate guarantee invoked beyond the statutory timeframe is not protected under Section 10A of the IBC. The tribunal emphasised strict adherence to timelines in insolvency proceedings and held that guarantees beyond prescribed limits attract liability, reinforcing creditor rights in debt resolution processes. (Word count: ~100)