The document pertains to a Company Petition filed under the Insolvency and Bankruptcy Code (IBC). The Financial Creditor appeared via video conference and informed the court that the Personal Guarantor is no more, and accordingly, the application is to be abated.
The State Bank of India filed a Company Petition (IB/262/2021) against Shri Paramatma Singh & Shivani Alloys Casting Ltd. The Financial Creditor's counsel informed the court that the Personal Guarantor had passed away, leading to the request for abatement of the application. The application was filed under Section 95 of the IBC.
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The document pertains to a Company Petition filed under the Insolvency and Bankruptcy Code (IBC). The Financial Creditor appeared via video conference and informed the court that the Personal Guarantor is no more, and accordingly, the application is to be abated.
The State Bank of India filed a Company Petition (IB/262/2021) against Shri Paramatma Singh & Shivani Alloys Casting Ltd. The Financial Creditor's counsel informed the court that the Personal Guarantor had passed away, leading to the request for abatement of the application. The application was filed under Section 95 of the IBC.
Company Pet…
Hearing he…
Sign in to view related legal provisions.