NCLT Ahmedabad admits State Bank of India's application under Section 95 IBC against personal guarantor Mr. Ankitkumar Parmeshwarprasad Ajitsaria.
The tribunal orders a 180-day moratorium period and directs the Resolution Professional to publish notices inviting creditor claims within 21 days.
SBI is directed to deposit ₹2,00,000 towards the Resolution Professional's fees, and the guarantor must submit a repayment plan within two weeks.
The tribunal rejects the personal guarantor's objection application (IA/872(AHM)2026) and disposes of the matter.