The case involves a company petition filed by Solapur Janata Sahakari Bank Limited, the Financial Creditor, under Section 95 of the Insolvency & Bankruptcy Code, 2016, 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, to initiate Personal Insolvency Resolution Process (CIRP) against Mr. Abhishek Satishchandra Sudarik, the Personal Guarantor of M/S. Shetkari Sakhar Karkhana (Chandrapuri) Limited. The Financial Creditor issued a demand notice on 10.11.2021, which was served to the Personal Guarantor.
Solapur Janata Sahakari Bank Limited, the Financial Creditor, filed a company petition under Section 95 of the Insolvency & Bankruptcy Code, 2016, to initiate Personal Insolvency Resolution Process (CIRP) against Mr. Abhishek Satishchandra Sudarik, the Personal Guarantor of M/S. Shetkari Sakhar Karkhana (Chandrapuri) Limited, the Corporate Debtor. The Financial Creditor issued a demand notice on 10.11.2021, which was served to the Personal Guarantor. The Corporate Debtor is already undergoing CIRP vide order dated 14.01.2019. The Personal Guarantor opposes the appointment of a Resolution Professional (RP). The court issued a notice dated 21.03.2022, which was served to the Personal Guarantor on 30.03.2022. The petition is complete in all respects, and the court
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M/s Shetkari Sakhar Karkhan (Chadrapur)…
Financial Creditor…
The case involves a company petition filed by Solapur Janata Sahakari Bank Limited, the Financial Creditor, under Section 95 of the Insolvency & Bankruptcy Code, 2016, 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, to initiate Personal Insolvency Resolution Process (CIRP) against Mr. Abhishek Satishchandra Sudarik, the Personal Guarantor of M/S. Shetkari Sakhar Karkhana (Chandrapuri) Limited. The Financial Creditor issued a demand notice on 10.11.2021, which was served to the Personal Guarantor.
Solapur Janata Sahakari Bank Limited, the Financial Creditor, filed a company petition under Section 95 of the Insolvency & Bankruptcy Code, 2016, to initiate Personal Insolvency Resolution Process (CIRP) against Mr. Abhishek Satishchandra Sudarik, the Personal Guarantor of M/S. Shetkari Sakhar Karkhana (Chandrapuri) Limited, the Corporate Debtor. The Financial Creditor issued a demand notice on 10.11.2021, which was served to the Personal Guarantor. The Corporate Debtor is already undergoing CIRP vide order dated 14.01.2019. The Personal Guarantor opposes the appointment of a Resolution Professional (RP). The court issued a notice dated 21.03.2022, which was served to the Personal Guarantor on 30.03.2022. The petition is complete in all respects, and the court
…M/s Shetkari Sakhar Karkhan (Chadrapur)…
Financial Creditor…