State Bank of India filed an application under Section 95 of the Insolvency and Bankruptcy Code (IBC) seeking the initiation of the Insolvency Resolution Process against the personal guarantor of the Corporate Debtor, Urvi Utkarsh Hathi. The application was filed before the National Company Law Tribunal (NCLT), Ahmedabad.
State Bank of India filed an application under Section 95 of the IBC to initiate the Insolvency Resolution Process against Urvi Utkarsh Hathi, the personal guarantor of a Corporate Debtor. The applicant requested the appointment of Mr. Sunil Kumar Kedia as the Resolution Professional. The application included a declaration stating that no disciplinary proceedings were pending against the proposed RP. The date of application was April 18, 2022. The court then appointed Mr. Sunil Kumar Kedia as the RP and ordered an interim moratorium under Section 96 of the Code to commence from the date of application.
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Interim Moratorium under Section 96 of the Code…
Order delive…
State Bank of India filed an application under Section 95 of the Insolvency and Bankruptcy Code (IBC) seeking the initiation of the Insolvency Resolution Process against the personal guarantor of the Corporate Debtor, Urvi Utkarsh Hathi. The application was filed before the National Company Law Tribunal (NCLT), Ahmedabad.
State Bank of India filed an application under Section 95 of the IBC to initiate the Insolvency Resolution Process against Urvi Utkarsh Hathi, the personal guarantor of a Corporate Debtor. The applicant requested the appointment of Mr. Sunil Kumar Kedia as the Resolution Professional. The application included a declaration stating that no disciplinary proceedings were pending against the proposed RP. The date of application was April 18, 2022. The court then appointed Mr. Sunil Kumar Kedia as the RP and ordered an interim moratorium under Section 96 of the Code to commence from the date of application.
Interim Moratorium under Section 96 of the Code…
Order delive…