NCLT Admits Bank Of Baroda Plea Against Alfara’a Infraprojects Guarantor Over ₹2,957-Crore Default

The NCLT has approved the initiation of insolvency resolution proceedings against the personal guarantor following Bank of Baroda’s petition over unpaid loans | Representational Image Mumbai, November 12, 2026: The National Company Law Tribunal (NCLT) has admitted a plea filed by Bank of Baroda to initiate insolvency resolution proceedings against Jawaharlal Rijhumal Gangaramani, personal guarantor…