https://www.taxtmi.com/caselaws?id=776424 The SC dismissed the appeals challenging the NCLAT order, holding that the Resolution Professional failed to prove physical possession of the land was handed over. Evidence established that the Resolution Professional/Corporate Debtor remained in possession of the 10.81 acres in question. The claim of development rights by the Corporate Debtor was subject to adjudication by a Civil Court. The prayer for exclusion of the Corporate Debtor from the CIRP by the landowners was rejected. There was no reason to interfere with the impugned NCLAT order. Appeals were dismissed. en-us Fri, 01 Aug 2025 00:00:00 +0530 Mon, 11 Aug 2025 08:43:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776424 The SC dismissed the appeals challenging the NCLAT order, holding that the Resolution Professional failed to prove physical possession of the land was handed over. Evidence established that the Resolution Professional/Corporate Debtor remained in possession of the 10.81 acres in question. The claim of development rights by the Corporate Debtor was subject to adjudication by a Civil Court. The prayer for exclusion of the Corporate Debtor from the CIRP by the landowners was rejected. There was no reason to interfere with the impugned NCLAT order. Appeals were dismissed. Case-Laws IBC Fri, 01 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776424