https://www.taxtmi.com/caselaws?id=362233 Section 14 of the Insolvency and Bankruptcy Code does not empower a resolution professional to evict tenants or seek police protection for taking charge of assets; it only restrains recovery of property from the corporate debtor's possession, and any operational difficulty must be addressed through the appropriate statutory mechanism. Section 18(f) authorises the resolution professional to take control of and take over the corporate debtor's assets, even if not in its possession, and to recover unpaid rent through the proper forum, but it does not permit forcible dispossession of tenants. The appeal was therefore found to disclose no infirmity in the impugned order. en-us Tue, 27 Feb 2018 00:00:00 +0530 Thu, 21 Jun 2018 06:28:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362233 Section 14 of the Insolvency and Bankruptcy Code does not empower a resolution professional to evict tenants or seek police protection for taking charge of assets; it only restrains recovery of property from the corporate debtor's possession, and any operational difficulty must be addressed through the appropriate statutory mechanism. Section 18(f) authorises the resolution professional to take control of and take over the corporate debtor's assets, even if not in its possession, and to recover unpaid rent through the proper forum, but it does not permit forcible dispossession of tenants. The appeal was therefore found to disclose no infirmity in the impugned order. Case-Laws Insolvency and Bankruptcy Tue, 27 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362233