# In the matter of State Bank of India Vs. Sudesh Sonthalia, CP (IB)/35(KB)/2022

> NCLT judgment dated 2022-05-19. Citation: TCN-2022-NCLT-02700. The petitioner sought to initiate insolvency proceedings against a personal guarantor under…

- **Court:** NCLT
- **Order date:** 19 May 2022
- **Citation:** TCN-2022-NCLT-02700
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/state-bank-of-india-vs-sudesh-sonthalia-cp-71c8cfd0

## Summary

### Background

The petitioner sought to initiate insolvency proceedings against a personal guarantor under Section 95(1) of the Insolvency and Bankruptcy Code, 2016.

## Facts

The petitioner, State Bank of India, filed a petition under Section 95(1) of the Insolvency and Bankruptcy Code, 2016, against Sudesh Sonthalia, who is the personal guarantor. The petition was listed for hearing before the National Company Law Tribunal, Kolkata Bench, on May 19, 2022. During the hearing, the counsel for the petitioner was present.

## Parties

- **Judges:** Rajasekha…; Balraj…
- **Appellants:** State Bank of…
- **Respondents:** SUDESH SON…
- **Advocates:** Ld. Cou…; for the pet…

## Timeline

- **May 19, 2022 — Hearing and Wi…**: The NCLT heard the petition. The petitioner's counsel, upon being informed of the lack of…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 95(1) — Application by creditor to initiate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-95)

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