https://www.taxtmi.com/caselaws?id=445485 The Tribunal directed the Respondent to hand over a motor grader to the Corporate Debtor, which was confirmed as completed. The order for the Respondent to pay usage charges of Rs. 48 lakhs was set aside, as there was no rental agreement to justify the charges. The resolution plan for the Corporate Debtor was approved by the Committee of Creditors and the NCLT, but the appellant's claim was not considered. The appeal was partially allowed by setting aside the order for payment of usage charges. en-us Tue, 07 Nov 2023 00:00:00 +0530 Thu, 09 Nov 2023 08:48:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445485 The Tribunal directed the Respondent to hand over a motor grader to the Corporate Debtor, which was confirmed as completed. The order for the Respondent to pay usage charges of Rs. 48 lakhs was set aside, as there was no rental agreement to justify the charges. The resolution plan for the Corporate Debtor was approved by the Committee of Creditors and the NCLT, but the appellant's claim was not considered. The appeal was partially allowed by setting aside the order for payment of usage charges. Case-Laws Insolvency and Bankruptcy Tue, 07 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445485