The case pertains to CP IB -793/2020 filed under Section 94(1) r/w sections 96, 97, 99 & 100 r/w Rule 6(1) of the IB (Application to Adjudicating Authority for IRP for Personal Guarantors to CD) Rules, 2019. The application was filed in the matter of Narinder Singh Azad, the Personal Guarantor/Debtor, versus Bank of Baroda, the Financial Creditor. Mr. Ravinder Singh Kathuria is the Applicant/RP. The Resolution Professional filed two applications, one of which, IA - 4207/2020, is the Written Consent to act as Resolution Professional (Form A). The Resolution Professional was appointed vide Order dated 28.9.2020.
Narinder Singh Azad is the Personal Guarantor/Debtor. Bank of Baroda is the Financial Creditor. Mr. Ravinder Singh Kathuria is the Resolution Professional. The Resolution Professional filed an application IA - 4207/2020, seeking consent to act as Resolution Professional. The Resolution Professional was appointed vide Order dated 28.09.2020. Bank of Baroda (formerly Vijaya Bank) had instituted a recovery suit before the Debt Recovery Tribunal, New Delhi, in 2014, with a judgment passed in 2016, but the executing proceedings are pending. V Anlez Technologies Private Limited, the Corporate Debtor, was dissolved vide Order dated 26.07.2019 passed by the Hon'ble High Court. The total debt including interest and penalties w.e.f. 03.01.2014 of Bank of Baroda was Rs.
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The loan amou…
Bank of Baroda…
The case pertains to CP IB -793/2020 filed under Section 94(1) r/w sections 96, 97, 99 & 100 r/w Rule 6(1) of the IB (Application to Adjudicating Authority for IRP for Personal Guarantors to CD) Rules, 2019. The application was filed in the matter of Narinder Singh Azad, the Personal Guarantor/Debtor, versus Bank of Baroda, the Financial Creditor. Mr. Ravinder Singh Kathuria is the Applicant/RP. The Resolution Professional filed two applications, one of which, IA - 4207/2020, is the Written Consent to act as Resolution Professional (Form A). The Resolution Professional was appointed vide Order dated 28.9.2020.
Narinder Singh Azad is the Personal Guarantor/Debtor. Bank of Baroda is the Financial Creditor. Mr. Ravinder Singh Kathuria is the Resolution Professional. The Resolution Professional filed an application IA - 4207/2020, seeking consent to act as Resolution Professional. The Resolution Professional was appointed vide Order dated 28.09.2020. Bank of Baroda (formerly Vijaya Bank) had instituted a recovery suit before the Debt Recovery Tribunal, New Delhi, in 2014, with a judgment passed in 2016, but the executing proceedings are pending. V Anlez Technologies Private Limited, the Corporate Debtor, was dissolved vide Order dated 26.07.2019 passed by the Hon'ble High Court. The total debt including interest and penalties w.e.f. 03.01.2014 of Bank of Baroda was Rs.
…The loan amou…
Bank of Baroda…