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    <title>2026 (4) TMI 442 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>Section 14(1)(d) of the Insolvency and Bankruptcy Code bars an owner or lessor from recovering property in the corporate debtor&#039;s occupation during moratorium, and that protection applies to the debtor&#039;s actual possession on the insolvency commencement date. A pre-CIRP termination notice does not, by itself, restore possession to the lessor while the premises remain with the resolution professional for use by the corporate debtor as a going concern. Amounts due to affected persons are treated as CIRP costs under Regulation 31(b), reinforcing the moratorium framework. The leased premises therefore could not be recovered during CIRP.</description>
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      <description>Section 14(1)(d) of the Insolvency and Bankruptcy Code bars an owner or lessor from recovering property in the corporate debtor&#039;s occupation during moratorium, and that protection applies to the debtor&#039;s actual possession on the insolvency commencement date. A pre-CIRP termination notice does not, by itself, restore possession to the lessor while the premises remain with the resolution professional for use by the corporate debtor as a going concern. Amounts due to affected persons are treated as CIRP costs under Regulation 31(b), reinforcing the moratorium framework. The leased premises therefore could not be recovered during CIRP.</description>
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