https://www.taxtmi.com/caselaws?id=413940 In the absence of an express statutory review or recall power under the insolvency framework, the Tribunal cannot use inherent powers to reopen a concluded order, so the recall application was held not maintainable and dismissed. On liquidation, movable assets belonging to the corporate debtor and lying at the landlord's premises formed part of the liquidation estate; the landlord's custody did not override the liquidator's duty to take possession and realise those assets for creditors. The earlier order was therefore not reopened, and the landlord was directed to hand over the assets to the liquidator. en-us Wed, 13 Oct 2021 00:00:00 +0530 Mon, 25 Oct 2021 09:17:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413940 In the absence of an express statutory review or recall power under the insolvency framework, the Tribunal cannot use inherent powers to reopen a concluded order, so the recall application was held not maintainable and dismissed. On liquidation, movable assets belonging to the corporate debtor and lying at the landlord's premises formed part of the liquidation estate; the landlord's custody did not override the liquidator's duty to take possession and realise those assets for creditors. The earlier order was therefore not reopened, and the landlord was directed to hand over the assets to the liquidator. Case-Laws Insolvency and Bankruptcy Wed, 13 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413940