Intec Capital Ltd filed an application under Section 95 of the IBC, 2016, seeking to initiate CIRP against the Personal Guarantor, Ghanshyam J Patel. The application was filed by the Financial Creditor. The declaration as mentioned in Section 97 of the IBC, 2016, confirms that no disciplinary proceedings are pending against the RP. The court has ordered an interim moratorium under Section 96 of the IBC, 2016. Mr. Anurag Nirbhaya, the RP, is directed to file a report within ten days. The matter is scheduled for further consideration on April 5, 2022. The key fact is the application under Section 95 to initiate CIRP against the personal guarantor.

Intec Capital Ltd filed an application under Section 95 of the IBC, 2016, seeking to initiate CIRP against the Personal Guarantor, Ghanshyam J Patel. The application was filed by the Financial Creditor. The declaration as mentioned in Section 97 of the IBC, 2016, confirms that no disciplinary proceedings are pending against the RP. The court has ordered an interim moratorium under Section 96 of the IBC, 2016. Mr. Anurag Nirbhaya, the RP, is directed to file a report within ten days. The matter is scheduled for further consideration on April 5, 2022. The key fact is the application under Section 95 to initiate CIRP against the personal guarantor.