NCLT Closes Vinay Kumar Mishra Insolvency Process

NCLT Allahabad closes personal insolvency process against Vinay Kumar Mishra, guarantor for K.C. Infra Build.
Process closed due to guarantor's failure to submit a compliant repayment plan to Canara Bank's Rs 57.33 crore claim.
Tribunal allows parties to initiate bankruptcy proceedings under IBC, discharging the resolution professional.
Order excludes time period for filing bankruptcy application and directs copy to be sent to IBBI.