Landlord cannot recover premises used as corporate debtor's registered office during insolvency moratorium period The SC dismissed appeals in a case involving recovery of premises used as registered office of a corporate debtor by landlord during CIRP moratorium. The ...
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Landlord cannot recover premises used as corporate debtor's registered office during insolvency moratorium period
The SC dismissed appeals in a case involving recovery of premises used as registered office of a corporate debtor by landlord during CIRP moratorium. The NCLAT had held that the Adjudicating Authority failed to adjudicate on the Resolution Professional's prayer for restoration of possession, which should have been done to settle the dispute early. The SC found no grounds to interfere with the NCLAT judgment and dismissed the appeals.
The Supreme Court, comprising Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice Joymalya Bagchi, issued an order condoning delay. The Court found "no good ground and reason to interfere with the impugned judgment," and consequently, the appeals were dismissed. All pending applications were disposed of.
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