https://www.taxtmi.com/caselaws?id=450409 Where premises form part of the liquidation estate, the liquidator's powers to take custody, control, protect and preserve assets extend to seeking eviction and handover of vacant possession, and that request falls within the Adjudicating Authority's residuary insolvency jurisdiction. A Small Causes Court injunction or status quo order does not oust that jurisdiction where it does not purport to control the insolvency forum. Once liquidation has commenced, civil suits or other proceedings against the corporate debtor are barred unless permitted by the Code, and inconsistent proceedings cannot restrict the liquidation process. The eviction order was therefore upheld and the challenge failed. en-us Fri, 01 Mar 2024 00:00:00 +0530 Tue, 05 Mar 2024 08:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450409 Where premises form part of the liquidation estate, the liquidator's powers to take custody, control, protect and preserve assets extend to seeking eviction and handover of vacant possession, and that request falls within the Adjudicating Authority's residuary insolvency jurisdiction. A Small Causes Court injunction or status quo order does not oust that jurisdiction where it does not purport to control the insolvency forum. Once liquidation has commenced, civil suits or other proceedings against the corporate debtor are barred unless permitted by the Code, and inconsistent proceedings cannot restrict the liquidation process. The eviction order was therefore upheld and the challenge failed. Case-Laws Insolvency and Bankruptcy Fri, 01 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450409