The case involves a financial creditor seeking the appointment of a Resolution Professional for a personal guarantor under Section 95(1) of the IBC. The Financial Creditor proposed a name for the Resolution Professional, and the court considered this proposal.
Union Bank of India Limited filed a petition under Section 95(1) of the Insolvency and Bankruptcy Code (IBC) against Sri Daya Patodia, a personal guarantor. The Financial Creditor proposed the name of an Insolvency Professional for appointment as Resolution Professional. The court appointed Ms. Tripti Agarwal as the Resolution Professional and directed her to file a declaration and a report under Section 99 of the IBC. The Resolution Professional will be paid Rs. 75,000 for the assigned job. The Personal Guarantor is entitled to raise objections to the report within one week of receipt. The matter is listed for consideration on 2024-03-28.
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Order sheet…
Ms. Tripti Agarwal…
The case involves a financial creditor seeking the appointment of a Resolution Professional for a personal guarantor under Section 95(1) of the IBC. The Financial Creditor proposed a name for the Resolution Professional, and the court considered this proposal.
Union Bank of India Limited filed a petition under Section 95(1) of the Insolvency and Bankruptcy Code (IBC) against Sri Daya Patodia, a personal guarantor. The Financial Creditor proposed the name of an Insolvency Professional for appointment as Resolution Professional. The court appointed Ms. Tripti Agarwal as the Resolution Professional and directed her to file a declaration and a report under Section 99 of the IBC. The Resolution Professional will be paid Rs. 75,000 for the assigned job. The Personal Guarantor is entitled to raise objections to the report within one week of receipt. The matter is listed for consideration on 2024-03-28.
Order sheet…
Ms. Tripti Agarwal…