NCLT Hyderabad partially allows Bankruptcy Trustee's application seeking recovery of Rs 1.07 crore from personal guarantor's son.
Tribunal directs respondent to repay Rs 55 lakh to bankruptcy estate, finding two transactions preferential under IBC.
Transaction of Rs 52.15 lakh from NHAI bond redemption excluded as nominee receipt, not part of estate.
Case involves State Bank of India as petitioner against personal guarantor to Athena Chhattisgarh Power Ltd.