TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of NCLAT held that the Appellant was legally obligated to pay license fees as per License and Lease Agreement (LLA), rejecting contentions of mutual expense adjustment. The Adjudicating Authority possessed jurisdiction to decide inter-se disputes, and the Resolution Professional could validly terminate the LLA during moratorium period. The Appellant's arguments regarding expense offset and procedural limitations were deemed legally untenable. The Appellate Tribunal affirmed the lower court's order, emphasizing the Resolution Professional's statutory rights to protect corporate debtor's interests, and consequently dismissed the appeal as lacking substantive merit.
TaxTMI 
TaxTMI 
