IN THE NATIONAL COMPANY LAW TRIBUNAL

DIVISION BENCH – II, CHENNAI

(Filed under Section 95, 99,100 of the Insolvency and Bankruptcy Code, 2016 r/w Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency

Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019)

STATE BANK OF INDIA,

Stressed Asset Management Branch Red Cross Building, Montieth Road,

Egmore, Chennai – 600 008.

… Financial Creditor

- -

Vs

Shri. MR.DINESH S PATEL

No. 1/810, Kuttralam Road

Piranoor Border,

Sengottah – 627 809

…Respondent

Order Pronounced on 18th November 2025

CORAM

SHRI JYOTI KUMAR TRIPATI, MEMBER (JUDICIAL)

SHRI RAVICHANDRAN RAMASAMY, MEMBER (TECHNICAL)

For Petitioner : M. L. Ganesh, S. Arun Kumar, Advocates

For Respondent : K.Gowtham Kumar, Athiban Vijay, A.P.Balaji, Vijith.A.N,

Saughanthika.A.S, Harini.M, Sushanth.Sanjay, Krithikaa

Suresh, Sudharshan, Advocates

For IRP : Mr. V. Manivannan, Mr.Arvind Rajagopal, Advocates

ORDER

(Hearing through hybrid mode

1. The present Petition has been filed under Section 95(1) of the Insolvency

and Bankruptcy Code, 2016 (hereinafter referred to as “Code/IBC, 2016") r/w

Rule 7(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority