https://www.taxtmi.com/caselaws?id=374976 The appeal was dismissed as the land had not been formally transferred to the Corporate Debtor, and no rights had accrued to them beyond development work. With the insolvency resolution process period expired and the moratorium ended, the application to apply 'Moratorium' under the Insolvency and Bankruptcy Code to the property of Maharashtra Housing and Area Development Authority was rejected by the Adjudicating Authority. The Resolution Professional's argument of the Corporate Debtor having rights over the land was refuted, leading to the dismissal of the appeal without costs. en-us Fri, 14 Dec 2018 00:00:00 +0530 Wed, 13 Feb 2019 06:07:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374976 The appeal was dismissed as the land had not been formally transferred to the Corporate Debtor, and no rights had accrued to them beyond development work. With the insolvency resolution process period expired and the moratorium ended, the application to apply 'Moratorium' under the Insolvency and Bankruptcy Code to the property of Maharashtra Housing and Area Development Authority was rejected by the Adjudicating Authority. The Resolution Professional's argument of the Corporate Debtor having rights over the land was refuted, leading to the dismissal of the appeal without costs. Case-Laws Insolvency and Bankruptcy Fri, 14 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374976