https://www.taxtmi.com/caselaws?id=101703 A leasehold premises in liquidation was treated as no longer fit to be retained where rent had remained unpaid, notice to quit had been served, the business had ceased, and repeated attempts to realise the property had failed. The court noted that the tenancy was not protected by the West Bengal Premises Tenancy Act, 1956, and that the liquidator should not keep possession merely to preserve an unrealizable asset or continue an unnecessary rent liability. On those facts, the company court could direct disclaimer of the leasehold interest and delivery of possession because the property was not required for efficient winding up. en-us Thu, 06 Mar 1986 00:00:00 +0530 Fri, 10 Feb 2012 17:35:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101703 A leasehold premises in liquidation was treated as no longer fit to be retained where rent had remained unpaid, notice to quit had been served, the business had ceased, and repeated attempts to realise the property had failed. The court noted that the tenancy was not protected by the West Bengal Premises Tenancy Act, 1956, and that the liquidator should not keep possession merely to preserve an unrealizable asset or continue an unnecessary rent liability. On those facts, the company court could direct disclaimer of the leasehold interest and delivery of possession because the property was not required for efficient winding up. Case-Laws Companies Law Thu, 06 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101703