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    <title>2026 (3) TMI 205 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
    <link>https://www.taxtmi.com/caselaws?id=787450</link>
    <description>Whether a lease deed can establish leasehold rights for CIRP inclusion was decided by reference to execution authority, proof of consideration, corporate records and pending investigations. The tribunal applied the principle that a registered instrument executed by unauthorised persons and unsupported by reliable evidence of consideration is unenforceable to establish title or leasehold rights in CIRP; contemporaneous balance sheets and conveyance deeds must corroborate transfer; and summary adjudication under IBC is constrained in fraud/forgery matters. Outcome: the lease deed was held unenforceable for confirming the corporate debtor&#039;s asset and was excluded from the Information Memorandum.</description>
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    <pubDate>Fri, 19 Sep 2025 00:00:00 +0530</pubDate>
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      <title>2026 (3) TMI 205 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=787450</link>
      <description>Whether a lease deed can establish leasehold rights for CIRP inclusion was decided by reference to execution authority, proof of consideration, corporate records and pending investigations. The tribunal applied the principle that a registered instrument executed by unauthorised persons and unsupported by reliable evidence of consideration is unenforceable to establish title or leasehold rights in CIRP; contemporaneous balance sheets and conveyance deeds must corroborate transfer; and summary adjudication under IBC is constrained in fraud/forgery matters. Outcome: the lease deed was held unenforceable for confirming the corporate debtor&#039;s asset and was excluded from the Information Memorandum.</description>
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      <pubDate>Fri, 19 Sep 2025 00:00:00 +0530</pubDate>
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