Brief facts:

1. The present Company Petition has been filed on 01.02.2026 by Mr. Pankaj Chhabildas Sheth (hereinafter referred to as “Personal Guarantor/Petitioner/Applicant”), Personal Guarantor of the Corporate Debtor, M/s Veer Wires Private Limited (hereinafter referred to as “Corporate Debtor”), under section 94(1) of the Insolvency and Bankruptcy Code, 2016 (“the Code”) read with Rule 6(1) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 (“IBBI Rules”) seeking to initiate Insolvency Resolution Process against himself being the Personal Guarantor of Corporate Debtor.

2. The Petitioner is an Indian citizen having her permanent address at 304, Kshiteej Apartment, Dev Nagar, Derasar Marg, Near Pawar School, New Sai Baba Nagar, Kandivali West, Mumbai – 400067.

3. The Corporate Debtor herein bears CIN U27201MH1995PTC091842 and was incorporated on 16.08.1995 under Companies Act, 1956, having its registered office address at 304 Kshiteej Apartments near Poisar Bus Depot Near Bhatia School Kandivali (west), Mumbai, Maharashtra, India, 400067.

4. The Applicant is a Personal Gua