https://www.taxtmi.com/caselaws?id=422052 The tribunal held that during the moratorium period under Section 14 of the Insolvency and Bankruptcy Code, the Appellant could not cancel the lease and take possession of the plot. The Adjudicating Authority had jurisdiction to entertain the application to quash the Notice dated 08.11.2019. The tribunal upheld the quashing of the notice during the moratorium, clarifying that the Appellant retains rights to address lease breaches post-CIRP. The Resolution Applicant cannot gain superior rights under the lease deed, and the Appellant can act in accordance with lease terms post-CIRP. en-us Wed, 04 May 2022 00:00:00 +0530 Sat, 07 May 2022 06:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422052 The tribunal held that during the moratorium period under Section 14 of the Insolvency and Bankruptcy Code, the Appellant could not cancel the lease and take possession of the plot. The Adjudicating Authority had jurisdiction to entertain the application to quash the Notice dated 08.11.2019. The tribunal upheld the quashing of the notice during the moratorium, clarifying that the Appellant retains rights to address lease breaches post-CIRP. The Resolution Applicant cannot gain superior rights under the lease deed, and the Appellant can act in accordance with lease terms post-CIRP. Case-Laws Insolvency and Bankruptcy Wed, 04 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422052