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    <title>2025 (6) TMI 606 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
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    <description>A leave and licence occupant could not avoid licence fee by relying on unauthorised correspondence or an alleged set-off for approval and fit-out expenses; the contractual obligation to pay after the fit-out period continued. The adjudicating authority was competent to direct surrender of possession where the premises remained the corporate debtor&#039;s property and the dispute affected preservation of insolvency estate value. The moratorium under the Insolvency and Bankruptcy Code did not protect a third-party licensee from contractual default consequences, and action taken by the resolution professional with committee approval was not impermissible on the facts stated. The appeal was held to lack merit and the eviction and dues directions were left undisturbed.</description>
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    <pubDate>Wed, 28 May 2025 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=772493</link>
      <description>A leave and licence occupant could not avoid licence fee by relying on unauthorised correspondence or an alleged set-off for approval and fit-out expenses; the contractual obligation to pay after the fit-out period continued. The adjudicating authority was competent to direct surrender of possession where the premises remained the corporate debtor&#039;s property and the dispute affected preservation of insolvency estate value. The moratorium under the Insolvency and Bankruptcy Code did not protect a third-party licensee from contractual default consequences, and action taken by the resolution professional with committee approval was not impermissible on the facts stated. The appeal was held to lack merit and the eviction and dues directions were left undisturbed.</description>
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