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    <title>2021 (10) TMI 706 - NATIONAL COMPANY LAW TRIBUNAL , NEW DELHI BENCH</title>
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    <description>The Tribunal held that the application under Section 95 of the Insolvency and Bankruptcy Code for initiating the Insolvency Resolution Process against the Personal Guarantor before the NCLT was maintainable, even without the initiation of Corporate Insolvency Resolution Process. The NCLT appointed a Resolution Professional and directed the commencement of interim-moratorium. The matter was listed for further hearing.</description>
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      <description>The Tribunal held that the application under Section 95 of the Insolvency and Bankruptcy Code for initiating the Insolvency Resolution Process against the Personal Guarantor before the NCLT was maintainable, even without the initiation of Corporate Insolvency Resolution Process. The NCLT appointed a Resolution Professional and directed the commencement of interim-moratorium. The matter was listed for further hearing.</description>
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