https://www.taxtmi.com/highlights?id=84780 The NCLAT held that the NCLT lacks jurisdiction to order eviction of a tenant whose tenancy is protected under the rent control law. The IBC does not override tenancy rights safeguarded by the Rent Control Act. The NCLT's jurisdiction is confined to matters directly related to the insolvency resolution process. The appeal against the NCLT's eviction order was allowed, as ordering eviction of a statutorily protected tenant exceeds the NCLT's powers under the IBC. en-us Sat, 11 Jan 2025 08:46:29 +0530 Sat, 11 Jan 2025 08:46:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84780 The NCLAT held that the NCLT lacks jurisdiction to order eviction of a tenant whose tenancy is protected under the rent control law. The IBC does not override tenancy rights safeguarded by the Rent Control Act. The NCLT's jurisdiction is confined to matters directly related to the insolvency resolution process. The appeal against the NCLT's eviction order was allowed, as ordering eviction of a statutorily protected tenant exceeds the NCLT's powers under the IBC. Highlights IBC Sat, 11 Jan 2025 08:46:29 +0530 https://www.taxtmi.com/highlights?id=84780