https://www.taxtmi.com/caselaws?id=417845 The Financial Creditor, M/s. State Bank of India, filed an application under Section 95 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Insolvency Resolution Process against the Personal Guarantor of 'M/s. Metenere Limited' for an outstanding debt of &8377; 1169,37,87,061. The Resolution Professional was appointed, and the interim-moratorium commenced, halting legal actions. The Resolution Professional is directed to assess the application and make recommendations within the specified time frame. The case is scheduled for further proceedings on 21.02.2022 to continue the Insolvency Resolution process against the Personal Guarantor. en-us Fri, 21 Jan 2022 00:00:00 +0530 Wed, 02 Feb 2022 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417845 The Financial Creditor, M/s. State Bank of India, filed an application under Section 95 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Insolvency Resolution Process against the Personal Guarantor of 'M/s. Metenere Limited' for an outstanding debt of &8377; 1169,37,87,061. The Resolution Professional was appointed, and the interim-moratorium commenced, halting legal actions. The Resolution Professional is directed to assess the application and make recommendations within the specified time frame. The case is scheduled for further proceedings on 21.02.2022 to continue the Insolvency Resolution process against the Personal Guarantor. Case-Laws Insolvency and Bankruptcy Fri, 21 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417845