This case involves an application filed by State Bank of India under Section 95(1) of the Insolvency and Bankruptcy Code, 2016, against the personal guarantor, Mr. Azam Khan Abdul Razak, of Galva India Private Limited, the Corporate Debtor. An application to initiate CIRP against the Corporate Debtor is pending before the Adjudicating Authority. The Agreements of Guarantee executed by the Personal Guarantor are placed in the typed set filed along with the application. A demand notice was issued to the Personal Guarantor on 29.08.2020.
State Bank of India (SBI) filed an application under Section 95(1) of the Insolvency and Bankruptcy Code (IBC), 2016 against Mr. Azam Khan Abdul Razak, the personal guarantor of Galva India Private Limited, the Corporate Debtor. SBI is the Financial Creditor. The date of default stated in the application is 30.07.2021. Agreements of Guarantee executed by Mr. Razak are part of the application. A demand notice under Rule 7(1) of the Insolvency and Bankruptcy Rules was issued to Mr. Razak on 29.08.2020. An application to initiate Corporate Insolvency Resolution Process (CIRP) against Galva India Private Limited is pending before the Adjudicating Authority. The application seeks to initiate insolvency proceedings against the personal guarantor under Section 95(1) of the
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Demand Notice issued under Rule 7(1) of the…
The date of de…
This case involves an application filed by State Bank of India under Section 95(1) of the Insolvency and Bankruptcy Code, 2016, against the personal guarantor, Mr. Azam Khan Abdul Razak, of Galva India Private Limited, the Corporate Debtor. An application to initiate CIRP against the Corporate Debtor is pending before the Adjudicating Authority. The Agreements of Guarantee executed by the Personal Guarantor are placed in the typed set filed along with the application. A demand notice was issued to the Personal Guarantor on 29.08.2020.
State Bank of India (SBI) filed an application under Section 95(1) of the Insolvency and Bankruptcy Code (IBC), 2016 against Mr. Azam Khan Abdul Razak, the personal guarantor of Galva India Private Limited, the Corporate Debtor. SBI is the Financial Creditor. The date of default stated in the application is 30.07.2021. Agreements of Guarantee executed by Mr. Razak are part of the application. A demand notice under Rule 7(1) of the Insolvency and Bankruptcy Rules was issued to Mr. Razak on 29.08.2020. An application to initiate Corporate Insolvency Resolution Process (CIRP) against Galva India Private Limited is pending before the Adjudicating Authority. The application seeks to initiate insolvency proceedings against the personal guarantor under Section 95(1) of the
…Demand Notice issued under Rule 7(1) of the…
The date of de…