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of <h1>Guarantor Bankruptcy Application Form Requires Detailed Personal, Financial, and Business Info Under Insolvency and Bankruptcy Code, 2019</h1> An application form for initiating a bankruptcy process by a guarantor under the Insolvency and Bankruptcy Code, 2019, is structured to provide detailed personal, financial, and business information. It requires the guarantor to disclose particulars such as personal identification, income, assets, liabilities, and details of any guarantees given. The form includes sections for business details, debt particulars, and a declaration by an insolvency professional if proposed as a bankruptcy trustee. Attachments required include financial documents, proof of debt, and authorization documents. The application aims to facilitate the adjudicating authority's assessment of the guarantor's bankruptcy request.
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