The case involves an application filed by the Resolution Professional under Section 95 of the Code against the personal guarantor, Mrs. Sadhna Mahindru. The applicant's counsel submitted that the Demand Notice in Form-B has already been served to the personal guarantor.
The Resolution Professional filed an application under Section 95 of the Code against the personal guarantor, Mrs. Sadhna Mahindru. The applicant's counsel stated that the Demand Notice in Form-B had been served to the personal guarantor. The Counsel sought an order under Section 96 & 97 IBC. The court then ordered an Interim Moratorium under section 96 and appointed Mr. Gian Chand Narang as the Insolvency Resolution Professional, requiring him to submit a report within 4 weeks. A notice was issued to the Personal Guarantor/Corporate Debtor, and the case was listed for further proceedings on 19.07.2022.
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The case involves an application filed by the Resolution Professional under Section 95 of the Code against the personal guarantor, Mrs. Sadhna Mahindru. The applicant's counsel submitted that the Demand Notice in Form-B has already been served to the personal guarantor.
The Resolution Professional filed an application under Section 95 of the Code against the personal guarantor, Mrs. Sadhna Mahindru. The applicant's counsel stated that the Demand Notice in Form-B had been served to the personal guarantor. The Counsel sought an order under Section 96 & 97 IBC. The court then ordered an Interim Moratorium under section 96 and appointed Mr. Gian Chand Narang as the Insolvency Resolution Professional, requiring him to submit a report within 4 weeks. A notice was issued to the Personal Guarantor/Corporate Debtor, and the case was listed for further proceedings on 19.07.2022.
Order delivere…
Case listed for…