https://www.taxtmi.com/caselaws?id=428398 A corporate debtor in settled possession under a registered lease-cum-sale arrangement could not be evicted or restrained through insolvency proceedings, because the Tribunal held that such interference must be pursued before the competent civil court. The registered instrument was treated as conferring possessory rights and contemplated extension of the lease and eventual sale on fulfilment of conditions, so the property could continue to be treated as part of the corporate debtor's rights for the purposes of the insolvency process until eviction in accordance with law. The application for declaration and restraint over the lease property was therefore rejected. en-us Tue, 27 Sep 2022 00:00:00 +0530 Fri, 30 Sep 2022 09:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428398 A corporate debtor in settled possession under a registered lease-cum-sale arrangement could not be evicted or restrained through insolvency proceedings, because the Tribunal held that such interference must be pursued before the competent civil court. The registered instrument was treated as conferring possessory rights and contemplated extension of the lease and eventual sale on fulfilment of conditions, so the property could continue to be treated as part of the corporate debtor's rights for the purposes of the insolvency process until eviction in accordance with law. The application for declaration and restraint over the lease property was therefore rejected. Case-Laws Insolvency and Bankruptcy Tue, 27 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428398