https://www.taxtmi.com/caselaws?id=792039 During CIRP, section 14 of the Insolvency and Bankruptcy Code protects property in the corporate debtor's possession from recovery by the owner or lessor, including leasehold interests treated as part of the debtor's property. On that basis, termination of the lease and eviction proceedings under the Gujarat Public Premises Act were impermissible while the moratorium operated. The Explanation to section 14(1) is clarificatory and cannot be read as authorising termination or eviction for breach of lease conditions or non-payment of dues. Section 238 gives the Insolvency and Bankruptcy Code overriding effect over inconsistent recovery proceedings under other laws. en-us Wed, 29 Apr 2026 00:00:00 +0530 Fri, 22 May 2026 07:06:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792039 During CIRP, section 14 of the Insolvency and Bankruptcy Code protects property in the corporate debtor's possession from recovery by the owner or lessor, including leasehold interests treated as part of the debtor's property. On that basis, termination of the lease and eviction proceedings under the Gujarat Public Premises Act were impermissible while the moratorium operated. The Explanation to section 14(1) is clarificatory and cannot be read as authorising termination or eviction for breach of lease conditions or non-payment of dues. Section 238 gives the Insolvency and Bankruptcy Code overriding effect over inconsistent recovery proceedings under other laws. Case-Laws IBC Wed, 29 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792039