State Bank of India filed an application under Section 95 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Insolvency Resolution Process against Mr. Dhirajlal Girdharbhai Chaniyara, the Personal Guarantor of the Corporate Debtor, M/s. Yogiraj Ginning and Oil Industries Pvt Ltd., for a default of Rs.24,41,53,898.12. Credit facilities were sanctioned to the Corporate Debtor on 07.01.2012 and renewed periodically. The Respondent executed personal guarantees for these facilities. The Corporate Debtor's account became NPA on 27.09.2018, leading to the issuance of a notice under Section 13(2) of the SARFAESI Act. The applicant also filed an application under Section 7 of the IBC against the corporate debtor, which was admitted. The application for liquidation

State Bank of India filed an application under Section 95 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Insolvency Resolution Process against Mr. Dhirajlal Girdharbhai Chaniyara, the Personal Guarantor of the Corporate Debtor, M/s. Yogiraj Ginning and Oil Industries Pvt Ltd., for a default of Rs.24,41,53,898.12. Credit facilities were sanctioned to the Corporate Debtor on 07.01.2012 and renewed periodically. The Respondent executed personal guarantees for these facilities. The Corporate Debtor's account became NPA on 27.09.2018, leading to the issuance of a notice under Section 13(2) of the SARFAESI Act. The applicant also filed an application under Section 7 of the IBC against the corporate debtor, which was admitted. The application for liquidation