https://www.taxtmi.com/caselaws?id=795039 Contractual possession and development rights subsisting on the insolvency commencement date may form part of the corporate debtor's insolvency estate, despite title remaining with the statutory authority under a hire-purchase arrangement. However, insolvency resolution cannot confer superior title, compel transfer of the authority's land, or override statutory requirements governing approvals, compounding, and regularisation of unauthorised construction. Sealing and confiscation undertaken before commencement of CIRP for regulatory violations were not barred by the moratorium, making the de-sealing direction unsustainable. A Resolution Professional may challenge a remand order where duly authorised by the Committee of Creditors. The resolution plan required reformulation to preserve statutory title and regulatory powers. en-us Tue, 14 Jul 2026 00:00:00 +0530 Thu, 16 Jul 2026 09:07:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795039 Contractual possession and development rights subsisting on the insolvency commencement date may form part of the corporate debtor's insolvency estate, despite title remaining with the statutory authority under a hire-purchase arrangement. However, insolvency resolution cannot confer superior title, compel transfer of the authority's land, or override statutory requirements governing approvals, compounding, and regularisation of unauthorised construction. Sealing and confiscation undertaken before commencement of CIRP for regulatory violations were not barred by the moratorium, making the de-sealing direction unsustainable. A Resolution Professional may challenge a remand order where duly authorised by the Committee of Creditors. The resolution plan required reformulation to preserve statutory title and regulatory powers. Case-Laws IBC Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795039