Why SBI lost its Rs 1,759-crore insolvency case against Patanjali Foods guarantor despite debt remaining alive

The National Company Law Tribunal (NCLT), Mumbai, has rejected State Bank of India's (SBI) insolvency petition against Dinesh Shahra, personal guarantor for Patanjali Foods Ltd., formerly Ruchi Soya Industries Ltd., over a claimed outstanding amount of Rs 1,759.12 crore.The case was not rejected be…