https://www.taxtmi.com/caselaws?id=423657 The Tribunal admitted the petitions filed by the State Bank of India against the personal guarantors of the Corporate Debtor and initiated the Insolvency Resolution Process. The moratorium was declared, and the Resolution Professional was instructed to proceed with the necessary steps as per the IBC, 2016. The Tribunal's order ensures that the insolvency process is conducted in a structured and compliant manner, providing a framework for resolving the outstanding debts. en-us Thu, 02 Jun 2022 00:00:00 +0530 Sat, 11 Jun 2022 08:58:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423657 The Tribunal admitted the petitions filed by the State Bank of India against the personal guarantors of the Corporate Debtor and initiated the Insolvency Resolution Process. The moratorium was declared, and the Resolution Professional was instructed to proceed with the necessary steps as per the IBC, 2016. The Tribunal's order ensures that the insolvency process is conducted in a structured and compliant manner, providing a framework for resolving the outstanding debts. Case-Laws Insolvency and Bankruptcy Thu, 02 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423657