NCLT orders transfer of SBI's Section 7 insolvency petition against Patel Engineering from Mumbai to Bengaluru bench.
Transfer mandated under IBC Section 60(3) as CIRP against principal borrower GM Infinite is pending in Bengaluru.
Applicant argued mandatory forum consolidation while respondent claimed concurrent jurisdiction and waiver.
Tribunal cited Supreme Court's ERA Infrastructure case supporting simultaneous proceedings against debtor and guarantor.