Creditor must file proof of due service of demand notice to resolution professional first: NCLT Amravati

State Bank of India Vs Dr. Jitendra Das Maganti (NCLT Amaravati) NCLT Amravati held that the approach of the creditor in filing the proof of due service of the demand notice straightway before Adjudicating Authority, without placing the same before the resolution professional, is improper. Facts- The Present Application is filed under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016) read with Rule 7(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 by State Ban...