NCLT Ahmedabad hears SIDBI's Section 95 IBC insolvency application against personal guarantor Bhalodiya Sudhir M.
Applicant counsel reports payments initiated per Debt Recovery Tribunal order, with two instalments remaining outstanding.
Tribunal directs respondent to file written submissions justifying continuation of case despite DRT settlement terms.
Case adjourned to 08 June 2026 for further consideration of application and RP report.