https://www.taxtmi.com/caselaws?id=422174 The Tribunal ruled in favor of the Appellant, holding that the monthly fees payable under the Service Agreements during the CIRP period should be treated as part of the CIRP costs. It was determined that the Leave and License Agreement was not terminated by the Notice dated 30.04.2019. The Respondent was not entitled to retain possession until the security deposit was refunded, and the Appellant was entitled to claim license fees for the period of occupation after 31.05.2019. The Tribunal set aside the previous order, directing the Respondent to hand over vacant possession within 15 days and allowing the Appellant to pursue their claim for license fees post the CIRP period. en-us Fri, 06 May 2022 00:00:00 +0530 Wed, 11 May 2022 08:33:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422174 The Tribunal ruled in favor of the Appellant, holding that the monthly fees payable under the Service Agreements during the CIRP period should be treated as part of the CIRP costs. It was determined that the Leave and License Agreement was not terminated by the Notice dated 30.04.2019. The Respondent was not entitled to retain possession until the security deposit was refunded, and the Appellant was entitled to claim license fees for the period of occupation after 31.05.2019. The Tribunal set aside the previous order, directing the Respondent to hand over vacant possession within 15 days and allowing the Appellant to pursue their claim for license fees post the CIRP period. Case-Laws Insolvency and Bankruptcy Fri, 06 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422174