NCLT Kolkata Admits Bank of Baroda Guarantor Insolvency Application

NCLT Kolkata admits application under IBC Section 99 for insolvency resolution against personal guarantor Mr. Bhupendra Singh.
Tribunal condones 9-day delay in filing, takes Resolution Professional's report on record, and issues notice to the guarantor.
The underlying debt stems from credit facilities extended to corporate debtor M/s Kakan Rice Mill Pvt. Ltd. by Bank of Baroda.
Case listed for further consideration on 06.07.2026 for objections from the personal guarantor.