IA(IBC)/270/KOB/2025

IN

CP(IBC)/14/KOB/2024

(Under Regulation 17B of the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors)

Regulations, 2019)

In the matter of:-

The Federal Bank Limited

Vs.

Mr. Basheer Ahamad V. K

Memo of Parties:

Mr. Allen Thomas Joseph

Resolution Professional of Mr. Basheer Ahamad V

K, Personal Guarantor of MIR Realtors Pvt Ltd IBBI/IPA-001/IPP-02729/2022-2023/14207

37/2038, Ist Floor, Muttathil Lane

Kadavanthra, Kochi 682020.

…Applicant

–

Order delivered on: 28.08.2025

Coram:

Hon’ble Member (Judicial) : Shri. Vinay Goel

Hon’ble Member (Technical) : Smt. Madhu Sinha

Appearances:

For the Applicant : Mr. Allen Thomas Joseph,

Resolution Professional

For the Respondent : PCS Mr. K S Ravichandran

O R D E R

Per Coram

1. This application is filed by Mr. Allen Thomas Joseph, the Resolution Professional for Mr. Basheer Ahamad V. K., the Personal Guarantor to M/s. MIR Realtors Private Limited. The applicant seeks an order from this Tribunal to take on record the application filed under Regulation 17B of the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, and to issue appropriate directions in light of the fact that