An application has been filed under Section 95 of the Insolvency and Bankruptcy Code (IBC) to initiate the Insolvency Resolution Process against the personal guarantor of the Corporate Debtor, M/s. Regent Granito (India) Ltd. The applicant is State Bank of India, and the respondent is Pravinbhai Chhaganbhai Patel. The court has issued a notice to the respondent and directed the applicant to serve the notice and file an affidavit of service within two weeks. An interim moratorium under Section 96 of the Code shall commence from the date of application. The Resolution Professional (RP), Shri Vinod Tarachand Agrawal, is directed to file a report within ten days. The matter is listed for further hearing on 06.06.2022.

An application has been filed under Section 95 of the Insolvency and Bankruptcy Code (IBC) to initiate the Insolvency Resolution Process against the personal guarantor of the Corporate Debtor, M/s. Regent Granito (India) Ltd. The applicant is State Bank of India, and the respondent is Pravinbhai Chhaganbhai Patel. The court has issued a notice to the respondent and directed the applicant to serve the notice and file an affidavit of service within two weeks. An interim moratorium under Section 96 of the Code shall commence from the date of application. The Resolution Professional (RP), Shri Vinod Tarachand Agrawal, is directed to file a report within ten days. The matter is listed for further hearing on 06.06.2022.