CP(IBC)/15/KOB/2024

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

Corporate Debtors) Regulations, 2019)

In the matter of:-

The Federal Bank Limited

Vs.

Mr. Arun Kumar K Memo of Parties:

Mr. Reuben George Joseph

Resolution Professional of Mr. Arun Kumar K,

Personal Guarantor of MIR Realtors Pvt Ltd

37/2038, I^st Floor, Muttathil Lane,

Kadavanthra, Cochin 682 020

…. 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. Reuben George Joseph,

Resolution Professional.

For the Respondent : PCS Mr. K S Ravichandran

CP(IBC)/15/KOB/2024

O R D E R

Per: Coram

1. This application is filed by Mr. Reuben George Joseph, the Resolution Professional for Mr. Arun Kumar K, the Personal Guarantor to M/s. MIR Realtors Private Limited, seeking appropriate directions under Regulation 17B of the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, in view of the fact that the Personal Guarantor has failed to submit the repayment plan.

2. The Insolvency Resolution Process against Mr. Arun Kumar K was initiated on