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NATIONAL COMPANY LAW TRIBUNAL
Rajeev Bhardwaj, Judicial Member, Sanjay Puri, Technical Member
Bank of Baroda – Appellant
Versus
M.Srinivasa Babji – Respondent
| Table of Content |
|---|
| 1. petition details and financial facilities to corporate debtor. (Para 3 , 4 , 5 , 6 , 7 , 8) |
| 2. rp appointment and section 99 report recommending admission. (Para 9 , 10 , 11) |
| 3. rp findings on debt, default, and guarantee validity. (Para 12 , 13 , 14 , 15) |
| 4. respondent's counter on limitation and procedural defects. (Para 16 , 17 , 18 , 19 , 20 , 21) |
| 5. guarantee unenforceability and non-invocation arguments. (Para 22 , 23 , 24 , 25 , 26 , 27) |
| 6. financial creditor's submissions on limitation and service. (Para 28 , 29 , 30) |
| 7. court recaps facts and guarantee terms. (Para 31 , 32 , 33 , 34) |
| 8. no valid guarantee invocation required for pirp. (Para 35 , 36 , 37 , 38 , 39 , 40 , 41 , 42 , 43 , 44) |
ORDER
This petition is filed by the Bank of Baroda (Financial Creditor/FC) under Section 95 of the IBC 1,
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