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        Case ID :
        Insolvency and Bankruptcy

        CIRP - The Kolkata Municipal Corporation who is owner of the...

        Unauthorized Assignment and Possession Transfer Leads to Termination of Development Agreement.

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                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.
                                CIRP - The Kolkata Municipal Corporation who is owner of the premises by Development Agreement gave right of development of the premises to the Respondent No.1 and Respondent No.1 has unauthorisedly without prior approval of the Appellant as alleged Assignment Agreement dated 06.03.2008 has given to the Corporate Debtor. - In event, the Respondent No.1 illegally transferred the possession to Respondent No.2 contrary to the Development Agreement for protection of such possession, Section 14(1)(d) cannot be relied on. - Termination of Development Agreement allowed - AT
                                Note: It is a system-generated summary and is for quick reference only.
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