NCLT Jaipur Bench dismisses Chandra Kumari Singh's Section 94 insolvency petition, finding no valid personal guarantee deeds established.
HDFC Bank challenged jurisdiction, arguing NCLT lacks authority for co-borrower insolvency which falls under DRT.
Resolution Professional's report recommended admission but tribunal found documents showed Singh as co-borrower/mortgagor, not personal guarantor.
Tribunal noted potential misuse of insolvency process to evade liabilities from existing arbitration awards and recovery proceedings.