Dr. Vishnu Kumar Agarwal Vs M/S Piramal Enterprises Ltd. [Company Appeals (AT) (Insolvency) 346/2018]

In this particular case, Dr. Vishnu Kumar Agarwal Vs M/S Piramal Enterprises Ltd. [Company Appeals (AT) (Insolvency) 346/2018], Dr. Vishnu Kumar Agarwal is a shareholder of the “All India Advance Society of Advanced Education and Research”. All India Advance Society of Advanced Education and Research is the Principal Creditor and the Respondent that is Piramal Enterprise is the financial borrower. They had entered into a deal in which the principal borrower had taken Rs. 38.00.00.00/-from the financial creditor. There are two guarantors for the sum of income. Sunrise Naturopathy and Pvt Resorts. Ltd. and Institute of Computer Technology Subsystem Pvt. Ltd. are the Corporate Guarantor one and Corporate Guarantor two respectively. 

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