The case involves an application filed by MuthootFincorp Limited, a Financial Creditor, under Section 95 of the Insolvency and Bankruptcy Code, 2016, against Mr. Santhosh Mahalingam, a Personal Guarantor, for initiating insolvency resolution process.
MuthootFincorp Limited filed an application under Section 95 of the IBC, 2016 against Mr. Santhosh Mahalingam, a Personal Guarantor.
The application pertains to the insolvency resolution process for personal guarantors to corporate debtors.
The Corporate Debtor, M/s. Santosh Hospitals Private Limited, is under Liquidation and was previously admitted into CIRP under Section 10 of IBC, 2016.
The date of default stated in the application is 01.08.2017.
A Demand Notice was issued to the Personal Guarantor on 06.01.2020 under Rule 7(1) of the Insolvency and Bankruptcy Rules, 2019.
The Financial Creditor filed an interim application to strike out the consent affidavit of Mr. Arumugam Arumugam as bankruptcy trustee, which was filed inadvertently.
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The date of default as…
Order admitting the…
The case involves an application filed by MuthootFincorp Limited, a Financial Creditor, under Section 95 of the Insolvency and Bankruptcy Code, 2016, against Mr. Santhosh Mahalingam, a Personal Guarantor, for initiating insolvency resolution process.
MuthootFincorp Limited filed an application under Section 95 of the IBC, 2016 against Mr. Santhosh Mahalingam, a Personal Guarantor.
The application pertains to the insolvency resolution process for personal guarantors to corporate debtors.
The Corporate Debtor, M/s. Santosh Hospitals Private Limited, is under Liquidation and was previously admitted into CIRP under Section 10 of IBC, 2016.
The date of default stated in the application is 01.08.2017.
A Demand Notice was issued to the Personal Guarantor on 06.01.2020 under Rule 7(1) of the Insolvency and Bankruptcy Rules, 2019.
The Financial Creditor filed an interim application to strike out the consent affidavit of Mr. Arumugam Arumugam as bankruptcy trustee, which was filed inadvertently.
…The date of default as…
Order admitting the…