NCLT Mumbai admits insolvency petition against Harish Motiram Bhoir, personal guarantor for Abhiraj Papers Pvt Ltd.
Petition filed under Section 94 IBC for a default of ₹22.09 crore to Union Bank of India.
Resolution Professional Sandeep Kulkarni appointed; 180-day moratorium declared on guarantor's debts.
RP directed to publish notice for creditors and applicant to deposit ₹75,000 towards fees.