Piramal Capital & Housing Finance Ltd (formerly known as Dewan Housing Finance Corporation Ltd) filed an application under Section 95 of the IBC against Rajesh Thakkar, who is the personal guarantor of the Corporate Debtor, M/s. Devnandan Infracon Pvt. Ltd. The application seeks initiation of the Insolvency Resolution Process. Advance notice was served upon the Respondent, but no one appeared. The court directed the petitioner and the registry to send notice to the respondent via speed post and email, and to file an affidavit of proof of service. An interim moratorium under Section 96 of the Code shall commence from the date of application. The RP, as suggested by the Applicant, Mr. Hiten Ratilal Abhani, is directed to file a report within ten days. The matter was

Piramal Capital & Housing Finance Ltd (formerly known as Dewan Housing Finance Corporation Ltd) filed an application under Section 95 of the IBC against Rajesh Thakkar, who is the personal guarantor of the Corporate Debtor, M/s. Devnandan Infracon Pvt. Ltd. The application seeks initiation of the Insolvency Resolution Process. Advance notice was served upon the Respondent, but no one appeared. The court directed the petitioner and the registry to send notice to the respondent via speed post and email, and to file an affidavit of proof of service. An interim moratorium under Section 96 of the Code shall commence from the date of application. The RP, as suggested by the Applicant, Mr. Hiten Ratilal Abhani, is directed to file a report within ten days. The matter was