State Bank of India filed an application under Section 95 of the Insolvency and Bankruptcy Code (IBC) seeking the initiation of the Insolvency Resolution Process against the personal guarantor of the Corporate Debtor, Anopsingh Kiritsinh Sarvaiya. The court issued a notice regarding the application.
State Bank of India (SBI) filed an application under Section 95 of the IBC to initiate the Insolvency Resolution Process against Anopsingh Kiritsinh Sarvaiya, who is the personal guarantor of a Corporate Debtor. The application included a request to appoint Vikash Gautamchand Jain as the Resolution Professional (RP). The application also contained a declaration stating that there were no disciplinary proceedings pending against the proposed RP. The court considered the application and the request for appointment of the RP. The interim moratorium under Section 96 was to commence from 2022-04-12.
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Interim Moratorium under Section 96 of the Code…
Order delivere…
State Bank of India filed an application under Section 95 of the Insolvency and Bankruptcy Code (IBC) seeking the initiation of the Insolvency Resolution Process against the personal guarantor of the Corporate Debtor, Anopsingh Kiritsinh Sarvaiya. The court issued a notice regarding the application.
State Bank of India (SBI) filed an application under Section 95 of the IBC to initiate the Insolvency Resolution Process against Anopsingh Kiritsinh Sarvaiya, who is the personal guarantor of a Corporate Debtor. The application included a request to appoint Vikash Gautamchand Jain as the Resolution Professional (RP). The application also contained a declaration stating that there were no disciplinary proceedings pending against the proposed RP. The court considered the application and the request for appointment of the RP. The interim moratorium under Section 96 was to commence from 2022-04-12.
Interim Moratorium under Section 96 of the Code…
Order delivere…