The case is fixed for pronouncement. The order is pronounced in the open court, vide separate sheet.

........Applicant ........Respondent Order delivered on: 06/06/2024 Coram:

Mr. Shammi Khan, Hon’ble Member(J) Mr. Sameer Kakar, Hon’ble Member(T) Kalpana Vara vs Canara Bank & Anr 1 of 12 BEFORE THE ADJUDICATING AUTHORITY NATIONAL COMPANY LAW TRIBUNAL, DIVISION BENCH – I, AHMEDABAD CP/IB/195/AHM/2024 Filed under Section 94 of the Insolvency & Bankruptcy Code, 2016 In the matter of Mrs. Kalpana Vara Mrs. Kalpana Vara, Personal Guarantor of Srivardhan Socio Development Foundation Address: E6, Heritage Apartment, Nr. Raj Tower, Mandav Road, Dahod - 389151 … Applicant VERSUS

1. Canara Bank, Anand Branch, Station Road, Gamdi Vad, Anand, Gujarat – 388001 …Respondent No.1

2. M/s MAS Financial Services Limited, 6, Ground Floor, Narayan Chambers, B/h Patang Hotel, Ashram Road, Ahmedabad – 380009 …Respondent No. 2 Order pronounced on: 06.06.2024 CORAM:

SH. SHAMMI KHAN, HON’BLE MEMBER (JUDICIAL) SH. SAMEER KAKAR, HON’BLE MEMBER (TECHNICAL) APPEARANCE:

For Applicant : Mr. Masoom Shah Adv a.w. Mr. Dhruvin. N. Dossani, Adv. Kalpana Vara vs Canara Bank & Anr 2 of 12 O R D E R

1. The Present Applicat