Tata Capital Financial Services Ltd filed an application under Section 95 of the IBC seeking initiation of Insolvency Resolution Process against Jagdish Prasad Saboo, the personal guarantor of the Corporate Debtor, Surya Exim Limited. The application was filed as a Financial Creditor. The applicant did not propose a Resolution Professional (RP). The court appointed Mr. Kabra Rajendrakumar Radhakishan as the RP. An interim moratorium under Section 96 of the Code shall commence from the date of application.

Tata Capital Financial Services Ltd filed an application under Section 95 of the IBC seeking initiation of Insolvency Resolution Process against Jagdish Prasad Saboo, the personal guarantor of the Corporate Debtor, Surya Exim Limited. The application was filed as a Financial Creditor. The applicant did not propose a Resolution Professional (RP). The court appointed Mr. Kabra Rajendrakumar Radhakishan as the RP. An interim moratorium under Section 96 of the Code shall commence from the date of application.