In the intricate landscape of insolvency and bankruptcy, understanding the roles of preferential creditors and personal guarantors is crucial for stakeholders involved in the process. Let’s delve deeper into the nuances of these terms and their significance within the framework of the Insolvency and Bankruptcy Code (IBC).

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  In the intricate landscape of insolvency and bankruptcy, understanding the roles of preferential creditors and personal guarantors is crucial for stakeholders involved in the process. Let's delve deeper into the nuances of these terms and their significance within the framework of the Insolvency and Bankruptcy Code (IBC).

• Country focuced: India
• Ratings: 5