Shyam Goel, residing at 406, Sector-37, Faridabad, Haryana-121003, filed an application under Section 94(1) of the Insolvency and Bankruptcy Code, 2016, as a personal guarantor of M/s Shreedhar Milk foods Limited, seeking to initiate the Insolvency Resolution Process. The application was filed with the National Company Law Tribunal, New Delhi Bench. Punjab National Bank & Ors. is the financial creditor. The applicant proposed Mr. Gaurav Rohilla as the Resolution Professional. The Adjudicating Authority observed that the application had been served to the Financial Creditor and the Corporate Debtor. The Supreme Court's judgment in Dilip B Jiwrajka Vs. Union of India & Ors. was considered regarding the constitutional validity of Sections 95-100 of the IBC.

Shyam Goel, residing at 406, Sector-37, Faridabad, Haryana-121003, filed an application under Section 94(1) of the Insolvency and Bankruptcy Code, 2016, as a personal guarantor of M/s Shreedhar Milk foods Limited, seeking to initiate the Insolvency Resolution Process. The application was filed with the National Company Law Tribunal, New Delhi Bench. Punjab National Bank & Ors. is the financial creditor. The applicant proposed Mr. Gaurav Rohilla as the Resolution Professional. The Adjudicating Authority observed that the application had been served to the Financial Creditor and the Corporate Debtor. The Supreme Court's judgment in Dilip B Jiwrajka Vs. Union of India & Ors. was considered regarding the constitutional validity of Sections 95-100 of the IBC.