The State Bank of India initiated insolvency proceedings against Mrs. Suman Jain, the Personal Guarantor, under Section 95 of the IBC, 2016. A limited notice was issued on 04.08.2021. The respondent's counsel had no objection to the appointment of a Resolution Professional. Mr. Yogender Pal was appointed as the Resolution Professional (RP) for the Corporate Debtor, registration number IBBI/IPA-001/IP-P00492/2017-18/10880. The RP is required to file a report under Section 99 of the IBC within 10 days. The matter is scheduled for further consideration on 05.09.2022. The written consent of the RP and an affidavit stating no disciplinary proceedings are pending against him are required.

The State Bank of India initiated insolvency proceedings against Mrs. Suman Jain, the Personal Guarantor, under Section 95 of the IBC, 2016. A limited notice was issued on 04.08.2021. The respondent's counsel had no objection to the appointment of a Resolution Professional. Mr. Yogender Pal was appointed as the Resolution Professional (RP) for the Corporate Debtor, registration number IBBI/IPA-001/IP-P00492/2017-18/10880. The RP is required to file a report under Section 99 of the IBC within 10 days. The matter is scheduled for further consideration on 05.09.2022. The written consent of the RP and an affidavit stating no disciplinary proceedings are pending against him are required.