The present petition, CP (IB) No. 114/ND/2021, was filed under Section 94(1) of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution process for Personal Guarantors to Corporate Debtor) Rules, 2019, and regulation 4(2) of IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019. The petition was filed by Mr. Rupinder Singh Khurana, the Personal Guarantor of M/s V. Angelz Technologies Private Limited (Corporate Debtor), seeking to initiate the Insolvency Resolution Process.
Mr. Rupinder Singh Khurana, acting as the Personal Guarantor for M/s V. Angelz Technologies Private Limited (the Corporate Debtor), filed a petition (CP (IB) No. 114/ND/2021) under Section 94(1) of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Insolvency Resolution Process. The application was filed in accordance with the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution process for Personal Guarantors to Corporate Debtor) Rules, 2019, and IBBI regulations. The court noted that the Financial Creditor and Corporate Debtor had been served a copy of the application. The application did not propose a Resolution Professional, leading the Adjudicating Authority to appoint Mr. Dharmendra Kumar. The appointed RP is
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CP IB No. 114/ND/2021…
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The present petition, CP (IB) No. 114/ND/2021, was filed under Section 94(1) of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution process for Personal Guarantors to Corporate Debtor) Rules, 2019, and regulation 4(2) of IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019. The petition was filed by Mr. Rupinder Singh Khurana, the Personal Guarantor of M/s V. Angelz Technologies Private Limited (Corporate Debtor), seeking to initiate the Insolvency Resolution Process.
Mr. Rupinder Singh Khurana, acting as the Personal Guarantor for M/s V. Angelz Technologies Private Limited (the Corporate Debtor), filed a petition (CP (IB) No. 114/ND/2021) under Section 94(1) of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Insolvency Resolution Process. The application was filed in accordance with the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution process for Personal Guarantors to Corporate Debtor) Rules, 2019, and IBBI regulations. The court noted that the Financial Creditor and Corporate Debtor had been served a copy of the application. The application did not propose a Resolution Professional, leading the Adjudicating Authority to appoint Mr. Dharmendra Kumar. The appointed RP is
…CP IB No. 114/ND/2021…
Validity period of…