https://www.taxtmi.com/caselaws?id=297394 An application under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against a personal guarantor may be entertained on the basis of loan documents, the personal guarantee, default particulars, prior claim filing before the corporate debtor's interim resolution professional, and service of statutory notice in Form B. On filing, interim moratorium under Section 96(1)(a) operates. The statutory process under Sections 97 and 99 then requires appointment of a resolution professional to examine the application and submit a report on acceptance or rejection. Consistently with that scheme, the application was taken on record and a resolution professional was appointed for further examination. en-us Mon, 22 Mar 2021 00:00:00 +0530 Wed, 01 Sep 2021 21:54:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297394 An application under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against a personal guarantor may be entertained on the basis of loan documents, the personal guarantee, default particulars, prior claim filing before the corporate debtor's interim resolution professional, and service of statutory notice in Form B. On filing, interim moratorium under Section 96(1)(a) operates. The statutory process under Sections 97 and 99 then requires appointment of a resolution professional to examine the application and submit a report on acceptance or rejection. Consistently with that scheme, the application was taken on record and a resolution professional was appointed for further examination. Case-Laws Insolvency and Bankruptcy Mon, 22 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297394