NCLT Admits IDBI Bank's Insolvency Petition Against Guarantor

NCLT admits IDBI Bank's petition to initiate insolvency against personal guarantor Munendra Kumar Singh for Rs 67.7 crore debt.
Tribunal rejects guarantor's limitation and premature invocation arguments, finding debt valid and due.
Resolution Professional Rahul Jindal appointed to conduct 180-day insolvency resolution process with fresh moratorium.
Guarantor ordered to disclose assets and liabilities, cooperate fully with resolution professional.