2022 (1) TMI 565

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....ep Chandra Joshi, Member (J) And Raghu Nayyar, Member (T) For the Appellant : Videh Vaish and Lalit Mohan, Advs. For the Respondents : Naresh Kumar Sejvani and Aakansha, Advs. ORDER Raghu Nayyar, Member (T) 1. The present application is filed by State Bank of India ('Creditor'/'Applicant') with a prayer to initiate Insolvency Resolution Process against Mr. Shivratan ....

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....by failing to make payment of the outstanding amounts. It is stated that the Corporate Debtor is undergoing liquidation vide order dated 09.02.2021 in CP No. (IB) 17/JPR/2018. 3. It is seen that a Demand Notice dated 29.06.2021 was sent through post by the Applicant to the Personal Guarantor in respect of the unpaid debt due from the Corporate Debtor under Rule 7(1) of the IBC Rules, 2019. Copy....

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....pplicant has filed this Application through Smt. Reshma Mittal, IRP, under Section 95 of the Code read with Rule 7 of the IBC Rules, 2019 against Mr. Shivratan Chandak, the personal guarantor of the Corporate Debtor. 7. It is clear that from the date of filing of this application i.e., 23.09.2021 by the Applicant, Interim Moratorium commences as stipulated under Section 96(1) of the Code in rel....

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....d through the Resolution Professional, Smt. Reshma Mittal, bearing Registration No. IBBI/IPA-001/IP00297/2017-18/10541, this Bench confirms the appointment of the Resolution Professional in the matter. 9. The Applicant is directed to serve the copy of this order along with copy of the Application and documents immediately on the Resolution Professional and the Insolvency and Bankruptcy Board of....