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    <title>2025 (6) TMI 2166 - NATIONAL COMPANY LAW TRIBUNAL, KOLKATA</title>
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    <description>Personal-guarantor insolvency applications require timely invocation of the guarantee and mandatory pre-filing service of Form B. A postal receipt alone, without tracking records or other evidence of delivery, does not establish service of a demand notice. Where initiation occurs more than three years after the purported invocation notice, the application is barred by limitation. Service of Form B before filing is mandatory; without proof of service and valid invocation, the personal guarantor does not meet the conditions for maintaining insolvency proceedings. These requirements govern maintainability under the personal-guarantor insolvency framework.</description>
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      <description>Personal-guarantor insolvency applications require timely invocation of the guarantee and mandatory pre-filing service of Form B. A postal receipt alone, without tracking records or other evidence of delivery, does not establish service of a demand notice. Where initiation occurs more than three years after the purported invocation notice, the application is barred by limitation. Service of Form B before filing is mandatory; without proof of service and valid invocation, the personal guarantor does not meet the conditions for maintaining insolvency proceedings. These requirements govern maintainability under the personal-guarantor insolvency framework.</description>
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