State Bank of India filed an application under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against Mr. Hasmukh S Patel, a personal guarantor to M/s. Prabhat Resources Limited (formerly M/s. Shinago Infrastructure & Resources Limited).
State Bank of India filed an application under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against Mr. Hasmukh S Patel.
Mr. Hasmukh S Patel is a personal guarantor to M/s. Prabhat Resources Limited (formerly M/s. Shinago Infrastructure & Resources Limited).
The Corporate Debtor, M/s. Prabhat Resources Limited, was ordered to be liquidated by the Tribunal vide order dated 23.02.2021.
The Guarantee Agreement was dated 27.03.2014.
The date of default was 19.02.2016.
The date of invocation of the Personal Guarantee was 23.09.2020.
Mr. S. Kannan was appointed as the Interim Resolution Professional.
The matter was posted on 05.08.2022 for filing of the report by the Interim Resolution Professional.
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The Guarantee A…
The date of de…
State Bank of India filed an application under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against Mr. Hasmukh S Patel, a personal guarantor to M/s. Prabhat Resources Limited (formerly M/s. Shinago Infrastructure & Resources Limited).
State Bank of India filed an application under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against Mr. Hasmukh S Patel.
Mr. Hasmukh S Patel is a personal guarantor to M/s. Prabhat Resources Limited (formerly M/s. Shinago Infrastructure & Resources Limited).
The Corporate Debtor, M/s. Prabhat Resources Limited, was ordered to be liquidated by the Tribunal vide order dated 23.02.2021.
The Guarantee Agreement was dated 27.03.2014.
The date of default was 19.02.2016.
The date of invocation of the Personal Guarantee was 23.09.2020.
Mr. S. Kannan was appointed as the Interim Resolution Professional.
The matter was posted on 05.08.2022 for filing of the report by the Interim Resolution Professional.
The Guarantee A…
The date of de…