NCLT Admits Janaseva Bank's Insolvency Petition Against Guarantor

NCLT Mumbai admits petition u/s 95 IBC against personal guarantor Mr. Arun Ambu Dapolkar for a defaulted debt of ₹30.62 crore.
The debt relates to a guarantee for credit facilities of ₹15 crore sanctioned to RK Patil Infraprojects, which is already under CIRP.
The Resolution Professional's report under Section 99 recommended admission, leading to a 180-day moratorium on the guarantor's debts.
The tribunal directed the creditor to deposit ₹75,000 towards the RP's fees and initiated the insolvency resolution process.