# In the matter of Anil Anand vs. Small Industrial Development of India

> NCLT judgment dated 2024-07-05. Citation: TCN-2024-NCLT-01059. The case involves Mr. Anil Anand, the personal guarantor of the corporate debtor, Altair…

- **Court:** NCLT
- **Order date:** 5 Jul 2024
- **Citation:** TCN-2024-NCLT-01059
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/anil-anand-vs-small-industrial-development-of-india-9373b91e

## Summary

### Background

The case involves Mr. Anil Anand, the personal guarantor of the corporate debtor, Altair Industrial Technologies Private Limited, as the petitioner/applicant, and Small Industrial Development of India as the respondent. The matter is being heard under Rule 16(d) of the NCLT Rules, 2016.

## Facts

Mr. Anil Anand, acting as the personal guarantor for Altair Industrial Technologies Private Limited, initiated proceedings against Small Industrial Development of India. The case is being heard under Rule 16(d) of the NCLT Rules, 2016. Ms. Poonam Basak, the RP of Small Industrial Development Bank of India, is the respondent. The court has directed her appearance at the next hearing, indicating the importance of her presence for the proceedings to move forward. The matter is scheduled for a physical hearing on 26.07.2024.

## Parties

- **Judges:** Ramalingam…
- **Appellants:** Anil A…
- **Respondents:** Altair Industrial…; Small Industrial…

## Timeline

- **2024-07-05 — Order Del…**: Order delivered on…
- **2024-07-26 — Next Hearin…**: Matter listed for a…

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