NCLT Jaipur Bench dismisses application by personal guarantor Bashiruddin Kagzi seeking replacement of resolution professional.
Tribunal holds replacement power exists but requires proof of bias, misconduct, or failure of statutory duties.
Separate application filed by resolution professional reporting no repayment plan from guarantor is disposed of.
Order maintains Mr. Rishabh Chand Lodha as resolution professional for Union Bank of India's insolvency case.