https://www.taxtmi.com/caselaws?id=760809 NCLAT Principal Bench set aside tribunal order directing payment of outstanding lease rental and premium accrued during CIRP period from commencement until resolution plan approval. Court relied on precedent in Sunil Kumar Agrawal case, holding that explanation under Section 14(1)(d) IBC does not apply to lease premium or rent payments, as these are not similar grants or rights covered under license, permit, registration provisions. Despite Supreme Court notice issued in related appeal without stay, NCLAT maintained consistency with earlier decision until SC determines correctness. Appeal allowed. en-us Fri, 25 Oct 2024 00:00:00 +0530 Sat, 26 Oct 2024 13:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760809 NCLAT Principal Bench set aside tribunal order directing payment of outstanding lease rental and premium accrued during CIRP period from commencement until resolution plan approval. Court relied on precedent in Sunil Kumar Agrawal case, holding that explanation under Section 14(1)(d) IBC does not apply to lease premium or rent payments, as these are not similar grants or rights covered under license, permit, registration provisions. Despite Supreme Court notice issued in related appeal without stay, NCLAT maintained consistency with earlier decision until SC determines correctness. Appeal allowed. Case-Laws IBC Fri, 25 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760809