NCLT Ahmedabad admits Tata Capital's application under Section 95 IBC against personal guarantor Ashwin Ratilal Shah.
A 180-day moratorium is imposed, staying legal actions and restricting asset transfers by the debtor.
Tata Capital is directed to deposit ₹2,00,000 for the Resolution Professional's fees within 3 days.
The RP must publish a public notice for creditors and prepare a repayment plan within stipulated timelines.