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    <title>2022 (9) TMI 633 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The Tribunal allowed the appeal partly, granting the Appellant liberty to proceed in accordance with the law in an appropriate forum due to conflicting claims over possession and ownership of the subject land and settlement terms between the parties. The Tribunal emphasized maintaining the foundational principles of the Insolvency and Bankruptcy Code (IBC) and avoiding unnecessary judicial intervention, acknowledging the Appellant&#039;s right to enforce the Mortgage Deed against the third-party Mortgager and proceed against the Personal Guarantor for recovering remaining dues.</description>
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    <pubDate>Wed, 14 Sep 2022 00:00:00 +0530</pubDate>
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      <description>The Tribunal allowed the appeal partly, granting the Appellant liberty to proceed in accordance with the law in an appropriate forum due to conflicting claims over possession and ownership of the subject land and settlement terms between the parties. The Tribunal emphasized maintaining the foundational principles of the Insolvency and Bankruptcy Code (IBC) and avoiding unnecessary judicial intervention, acknowledging the Appellant&#039;s right to enforce the Mortgage Deed against the third-party Mortgager and proceed against the Personal Guarantor for recovering remaining dues.</description>
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