The State Bank of India filed an application under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016, to initiate insolvency proceedings against the Personal Guarantor, Manish Jain. A limited notice was issued on August 4, 2021. The respondent appeared through their counsel, Ms. Heena, who had no objection to the appointment of a Resolution Professional (RP).
The State Bank of India initiated insolvency proceedings against Manish Jain, the Personal Guarantor, under Section 95 of the IBC, 2016. A limited notice was issued on August 4, 2021. The respondent, Manish Jain, appeared through counsel, who did not object to the appointment of a Resolution Professional. Mr. Yogender Pal Singhal was appointed as the Resolution Professional for the Corporate Debtor, based on Section 97 of the IBC. The RP is required to file a report under Section 99 of the IBC within 10 days. The matter is listed for further consideration on September 5, 2022. The written consent of the RP and an affidavit stating no disciplinary proceedings are pending are available with the application.
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A limited not…
The order was d…
The State Bank of India filed an application under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016, to initiate insolvency proceedings against the Personal Guarantor, Manish Jain. A limited notice was issued on August 4, 2021. The respondent appeared through their counsel, Ms. Heena, who had no objection to the appointment of a Resolution Professional (RP).
The State Bank of India initiated insolvency proceedings against Manish Jain, the Personal Guarantor, under Section 95 of the IBC, 2016. A limited notice was issued on August 4, 2021. The respondent, Manish Jain, appeared through counsel, who did not object to the appointment of a Resolution Professional. Mr. Yogender Pal Singhal was appointed as the Resolution Professional for the Corporate Debtor, based on Section 97 of the IBC. The RP is required to file a report under Section 99 of the IBC within 10 days. The matter is listed for further consideration on September 5, 2022. The written consent of the RP and an affidavit stating no disciplinary proceedings are pending are available with the application.
A limited not…
The order was d…