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of <h1>Personal Guarantor Withdraws Insolvency Resolution Process with Creditor Approval Under Section 94/95; Bank Guarantee Attached.</h1> An applicant has submitted a Form D application to the Adjudicating Authority to withdraw an insolvency resolution process for a personal guarantor. The initial application was filed under Section 94 or 95 of the Insolvency and Bankruptcy Code and was admitted by the authority. The withdrawal request has been approved by the creditors, and the applicant has been authorized to proceed with the withdrawal. A bank guarantee covering the estimated costs incurred by the resolution professional is attached to the application.
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