ICICI Bank Admits ₹8.86 Crore Personal Guarantor Insolvency

NCLT Hyderabad admits ICICI Bank's petition under IBC Section 95 against personal guarantor Dhanashekar Muniswamy for ₹8.86 crore debt.
Corporate Debtor CJ Enterprises defaulted on working capital facilities, account classified NPA on 27.07.2025 with outstanding ₹8.86 crore as of 01.11.2025.
Resolution Professional CA Kambhammettu Sri Vamsi appointed to manage 180-day moratorium and prepare repayment plan for creditors.
Tribunal confirms valid debt existence, guarantee invocation, and proper service of statutory notices under IBC and SARFAESI Act.