2021 (7) TMI 1340 - Tri - Insolvency and Bankruptcy

Seeking deletion of names of the Personal Guarantors from this Petition - requirement to file separate applications against the Personal Guarantors - HELD THAT - The Petitioner is permitted to file an Affidavit in this regard within 7 days from today and copy of the same is to be given to the Respondent. Since the petition filed is under Section 7 of IBC, no further adjournment shall be granted. List the matter on 11.08.2021.

Summary

The Tribunal allowed the Petitioner to delete the names of Personal Guarantors from the petition under Section 7 of IBC. The Petitioner must file an Affidavit within 7 days and the matter is listed for further hearing on 11.08.2021.