The appeal was filed by Shantanu Jagdish Prakash under Section 61 of the Insolvency and Bankruptcy Code, 2016, against the Impugned Order dated 31.05.2024 passed by the National Company Law Tribunal, New Delhi Bench (Court-II).
The Appellant, Shantanu Jagdish Prakash, filed an appeal against the Impugned Order dated 31.05.2024 passed by the National Company Law Tribunal, New Delhi Bench.
The Corporate Debtor, ESL, faced financial difficulties and its accounts were declared as Non-Performing Assets (NPA) on 31.03.2013.
A Master Restructuring Agreement (MRA) was executed between the CDR lenders and ESL, with a cut-off date of 01.04.2013.
The Appellant provided personal guarantees in favor of SBICAP Trustee Company Limited.
The Respondent No. 1, State Bank of India, filed O.A. No. 152/2019 before the Debt Recovery Tribunal - III, Delhi, against the Appellant.
The CoC of ESL approved the resolution plan submitted by Ebix Singapore Pte Ltd.
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Date of the Impugned Order passed by the…
ESL's accounts were…
The appeal was filed by Shantanu Jagdish Prakash under Section 61 of the Insolvency and Bankruptcy Code, 2016, against the Impugned Order dated 31.05.2024 passed by the National Company Law Tribunal, New Delhi Bench (Court-II).
The Appellant, Shantanu Jagdish Prakash, filed an appeal against the Impugned Order dated 31.05.2024 passed by the National Company Law Tribunal, New Delhi Bench.
The Corporate Debtor, ESL, faced financial difficulties and its accounts were declared as Non-Performing Assets (NPA) on 31.03.2013.
A Master Restructuring Agreement (MRA) was executed between the CDR lenders and ESL, with a cut-off date of 01.04.2013.
The Appellant provided personal guarantees in favor of SBICAP Trustee Company Limited.
The Respondent No. 1, State Bank of India, filed O.A. No. 152/2019 before the Debt Recovery Tribunal - III, Delhi, against the Appellant.
The CoC of ESL approved the resolution plan submitted by Ebix Singapore Pte Ltd.
…Date of the Impugned Order passed by the…
ESL's accounts were…