The application was filed by Union Bank of India, the Financial Creditor, under Section 95 of the Insolvency & Bankruptcy Code, 2016, against Shaji Purushothaman, the Personal Guarantor of the Corporate Debtor, Empee Distilleries Limited.
Union Bank of India filed an application under Section 95 of the Insolvency & Bankruptcy Code, 2016 against Shaji Purushothaman.
The application is against the personal guarantor of Empee Distilleries Limited, the Corporate Debtor.
Demand was made on the personal guarantor on 17.10.2020.
The Personal Guarantor executed the Deed of Guarantee on 08.02.2016.
A Demand Notice was issued under Rule 7(1) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 to the Personal Guarantor on 17.10.2020.
The Financial Creditor placed on file the CRILIC Report dated 02.01.2019.
Mr. Madhu Desikan was appointed as the Interim Resolution Professional.
…Sign in to view the parties.
Demand was mad…
Personal Gua…
The application was filed by Union Bank of India, the Financial Creditor, under Section 95 of the Insolvency & Bankruptcy Code, 2016, against Shaji Purushothaman, the Personal Guarantor of the Corporate Debtor, Empee Distilleries Limited.
Union Bank of India filed an application under Section 95 of the Insolvency & Bankruptcy Code, 2016 against Shaji Purushothaman.
The application is against the personal guarantor of Empee Distilleries Limited, the Corporate Debtor.
Demand was made on the personal guarantor on 17.10.2020.
The Personal Guarantor executed the Deed of Guarantee on 08.02.2016.
A Demand Notice was issued under Rule 7(1) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 to the Personal Guarantor on 17.10.2020.
The Financial Creditor placed on file the CRILIC Report dated 02.01.2019.
Mr. Madhu Desikan was appointed as the Interim Resolution Professional.
…Demand was mad…
Personal Gua…