NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH

COURT III

120. I.A. 5511/2023, I.A. 4226/2023

In

C.P. (IB)/1018(MB)/2022

CORAM: MS. LAKSHMI GURUNG, MEMBER (J)

SH. CHARANJEET SINGH GULATI, MEMBER (T)

ORDER SHEET OF THE HEARING OF MUMBAI BENCH OF THE NATIONAL

COMPANY LAW TRIBUNAL ON 07.02.2025

NAME OF THE PARTIES: Cosmos Co-Operative Bank Limited

V/s

Mrs. Zohra Ishrat Ali

Appearance

For Applicant: Adv. Nikhil Rajani i/b M/s V. Deshpande & Co.

For Respondent :

SECTION 95(1) OF THE IBC, 2016

__________________________________________________________________________

ORDER

Hearing Through: Virtually and Physical (Hybrid) Mode

C.P. (IB)/1018(MB)/2022

1. This application has been filed by Cosmos Co-operative Bank Limited u/s 95

of IBC, seeking Personal Insolvency against Personal Guarantor, Mrs. Zohra

Ishrat Ali.

2. The deed of guarantee executed by the respondent has been placed on record.

The letter dated 29.06.2022 addressed to the Personal Guarantor, invoking the Bank Guarantee by way of demand notice for the outstanding dues to M/s

Mirco Dynamics Pvt. Ltd. is also annexed to the petition.

3. The applicant has proposed the name of Ms. Dipti Amit Thite as the RP of the

Personal Guarantor, who has submitted her writt