The case pertains to an application filed under Section 112 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the Resolution Professional, Mr. Vishnu Upadhyay, concerning the insolvency resolution process of the personal guarantor, Mr. Amar Baldva, to the Corporate Debtor M/s Baldva Textiles Private Limited. The personal guarantor/debtor had previously filed an application under section 94(1) of the Code r/w Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtor) Rules, 2019, seeking initiation of Insolvency Resolution Process ('IRP') against the Applicant/ Debtor who is the Personal Guarantor of the Corporate Debtor, namely M/s Baldva Textiles Private Limited for
…Mr. Amar Baldva is the personal guarantor to the Corporate Debtor M/s Baldva Textiles Private Limited. Punjab National Bank ('Bank') extended credit facility. Mr. Vishnu Upadhyay was appointed as the Resolution Professional. An application was filed under Section 112 of the Insolvency and Bankruptcy Code, 2016 ('Code'/ 'IBC') annexing the Report of the meeting of Creditors on the Repayment Plan for the Insolvency Resolution Process of the Personal Guarantor/Debtor namely, Mr. Amar Baldva to the Corporate Debtor M/s Baldva Textiles Private Limited. The Personal Guarantor/Debtor had filed an application bearing CP No. (IB)-32/94/JPR/2022, under section 94(1) of the Code r/w Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency
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Mr. Vishnu Upadhyay was appointed as the…
The Adjudicating Authority admitted the…
The case pertains to an application filed under Section 112 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the Resolution Professional, Mr. Vishnu Upadhyay, concerning the insolvency resolution process of the personal guarantor, Mr. Amar Baldva, to the Corporate Debtor M/s Baldva Textiles Private Limited. The personal guarantor/debtor had previously filed an application under section 94(1) of the Code r/w Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtor) Rules, 2019, seeking initiation of Insolvency Resolution Process ('IRP') against the Applicant/ Debtor who is the Personal Guarantor of the Corporate Debtor, namely M/s Baldva Textiles Private Limited for
…Mr. Amar Baldva is the personal guarantor to the Corporate Debtor M/s Baldva Textiles Private Limited. Punjab National Bank ('Bank') extended credit facility. Mr. Vishnu Upadhyay was appointed as the Resolution Professional. An application was filed under Section 112 of the Insolvency and Bankruptcy Code, 2016 ('Code'/ 'IBC') annexing the Report of the meeting of Creditors on the Repayment Plan for the Insolvency Resolution Process of the Personal Guarantor/Debtor namely, Mr. Amar Baldva to the Corporate Debtor M/s Baldva Textiles Private Limited. The Personal Guarantor/Debtor had filed an application bearing CP No. (IB)-32/94/JPR/2022, under section 94(1) of the Code r/w Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency
…Mr. Vishnu Upadhyay was appointed as the…
The Adjudicating Authority admitted the…