The article explores the complexities of limited liability, a concept crucial for risky ventures, yet one that blurs in cases like Essel Group's Subhash Chandra. It questions capping investor liability amidst AI agency, citing Argentina's proposal. In India, group structures and personal guarantees complicate debt recovery, making the concept fuzzy. The author suggests reviewing India's bankruptcy code for loopholes and urges lenders to clarify personal guarantees, particularly as AI agency raises new liability concerns. The piece highlights the ongoing tension between facilitating investment and ensuring accountability in a dynamic financial landscape.