The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by Ram Kishor Arora, former promoter of Supertech Ltd., challenging the initiation of personal insolvency proceedings against him. The tribunal upheld the decision to proceed with the personal insolvency process under Section 95 of the Insolvency & Bankruptcy Code (IBC), despite ongoing proceedings related to the company’s corporate insolvency under Section 7.