1. Crumble biscuits in a large mixing bowl. Add whipping cream, half and half, sugar, chocolate chips, eggs, butter, and peanut butter. Mix well. Place in a 9-inch-by-13-inch baking dish and top with remaining sugar.
2. Bake at 400°F covered for 1 hour, then bake uncovered for 20 minutes to brown the top. While pudding is baking, prepare rum sauce by mixing together condensed milk, rum, cinnamon, cloves and then warming it up.