https://www.taxtmi.com/caselaws?id=408803 The Tribunal partially allowed the Application, directing the Respondent to vacate the shop room promptly to facilitate the Corporate Insolvency Resolution Process. The Respondent's reliance on the force majeure clause was noted, but a detailed legal examination of lease terms was deemed necessary. The judgment aimed to balance the parties' rights and ensure the smooth progress of the insolvency resolution process, allowing the Applicant to pursue outstanding rent recovery through appropriate legal channels without awarding costs to either party. en-us Thu, 10 Jun 2021 00:00:00 +0530 Tue, 22 Jun 2021 09:14:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408803 The Tribunal partially allowed the Application, directing the Respondent to vacate the shop room promptly to facilitate the Corporate Insolvency Resolution Process. The Respondent's reliance on the force majeure clause was noted, but a detailed legal examination of lease terms was deemed necessary. The judgment aimed to balance the parties' rights and ensure the smooth progress of the insolvency resolution process, allowing the Applicant to pursue outstanding rent recovery through appropriate legal channels without awarding costs to either party. Case-Laws Insolvency and Bankruptcy Thu, 10 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408803