Damyantiben Uttamchand Rathod files application under Section 94 IBC to initiate insolvency resolution process against herself as personal guarantor.
Deutsche Bank invoked the personal guarantee for a debt of ₹62.87 million, with the default date recorded as 02.02.2025.
Tribunal appoints Sanjay B Shah as Resolution Professional and imposes interim moratorium on all debts of the personal guarantor.
RP directed to file report under Section 99 within 10 days; matter listed for next hearing on 15.05.2026.