The case involves a Company Petition filed by National Asset Reconstruction Company Limited ("the Financial Creditor") under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) read with Rule 7(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019, seeking to initiate Personal Insolvency Resolution Process (CIRP) against Mr. Vinod Kumar Gupta, the Personal Guarantor. The Corporate Debtor to the Personal Guarantor was admitted into CIRP by the Tribunal vide order dated 09.02.2023.
National Asset Reconstruction Company Limited ("the Financial Creditor") filed a Company Petition under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) read with Rule 7(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019, seeking to initiate Personal Insolvency Resolution Process (CIRP) against Mr. Vinod Kumar Gupta, the Personal Guarantor. The demand notice dated 27.03.2023 was successfully delivered upon the Personal Guarantor through RPAD on 03.04.2023, and a copy of the Petition was also served on their last known correct address. The Petition was served upon the Insolvency and Bankruptcy Board of India, and an affidavit in
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Demand Notice was…
Demand Notice was…
The case involves a Company Petition filed by National Asset Reconstruction Company Limited ("the Financial Creditor") under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) read with Rule 7(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019, seeking to initiate Personal Insolvency Resolution Process (CIRP) against Mr. Vinod Kumar Gupta, the Personal Guarantor. The Corporate Debtor to the Personal Guarantor was admitted into CIRP by the Tribunal vide order dated 09.02.2023.
National Asset Reconstruction Company Limited ("the Financial Creditor") filed a Company Petition under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) read with Rule 7(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019, seeking to initiate Personal Insolvency Resolution Process (CIRP) against Mr. Vinod Kumar Gupta, the Personal Guarantor. The demand notice dated 27.03.2023 was successfully delivered upon the Personal Guarantor through RPAD on 03.04.2023, and a copy of the Petition was also served on their last known correct address. The Petition was served upon the Insolvency and Bankruptcy Board of India, and an affidavit in
…Demand Notice was…
Demand Notice was…