Sanjaykumar Bohra Personal Guarantor Insolvency Initiated

NCLT Ahmedabad initiates insolvency resolution process against personal guarantor Sanjaykumar Bajranglal Bohra under Section 94 IBC.
Deutsche Bank invoked personal guarantee for Rs 62.87 crore debt from Bohra Fashions Private Limited on 22 January 2025.
Tribunal appoints Sanjay B Shah as Resolution Professional with 10-day deadline to submit Section 99 report.
Interim moratorium commences immediately under Section 96(1) staying all legal proceedings against the guarantor.