NCLAT hears appeal by Simens Financial against dismissal of its insolvency petition against personal guarantor Meera Arun.
Appellant's counsel states CIRP against principal borrower Vasan Healthcare concluded successfully with ₹3.37 crore recovery.
After adjusting recovered amount, respondent guarantor remains liable for approximately ₹4.24 crore outstanding debt.
Tribunal grants final opportunity for respondent to appear, listing matter for hearing on 24 September 2026.