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    <title>2021 (9) TMI 60 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal partly allowed the appeals, setting aside the findings and observations made by the Adjudicating Authority regarding default by the Personal Guarantor. The appointment of the Resolution Professional was upheld. The matters were remitted back to the Adjudicating Authority, instructing the Resolution Professional to allow the Appellant to present their case and submit a fresh report. The Adjudicating Authority was directed to proceed in accordance with the law based on the Tribunal&#039;s observations and findings.</description>
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      <description>The Tribunal partly allowed the appeals, setting aside the findings and observations made by the Adjudicating Authority regarding default by the Personal Guarantor. The appointment of the Resolution Professional was upheld. The matters were remitted back to the Adjudicating Authority, instructing the Resolution Professional to allow the Appellant to present their case and submit a fresh report. The Adjudicating Authority was directed to proceed in accordance with the law based on the Tribunal&#039;s observations and findings.</description>
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