https://www.taxtmi.com/caselaws?id=301250 The Tribunal held that the Owner/Lessor could not recover the leased property from the Corporate Debtor during the moratorium period as it would violate the provisions of the Insolvency and Bankruptcy Code. The Tribunal also ruled that the rental arrears due to the Applicants would be considered as part of the Corporate Insolvency Resolution Process costs and should be paid in priority. Consequently, the Corporate Debtor was not directed to vacate the premises, and the application was disposed of accordingly. en-us Tue, 13 Apr 2021 00:00:00 +0530 Wed, 23 Mar 2022 08:37:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301250 The Tribunal held that the Owner/Lessor could not recover the leased property from the Corporate Debtor during the moratorium period as it would violate the provisions of the Insolvency and Bankruptcy Code. The Tribunal also ruled that the rental arrears due to the Applicants would be considered as part of the Corporate Insolvency Resolution Process costs and should be paid in priority. Consequently, the Corporate Debtor was not directed to vacate the premises, and the application was disposed of accordingly. Case-Laws Insolvency and Bankruptcy Tue, 13 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301250