<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2026 (8) TMI 21 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
    <link>https://www.taxtmi.com/caselaws?id=796148</link>
    <description>Section 60(5)(c) of the Insolvency and Bankruptcy Code permits protection of a pre-existing access right when post-insolvency obstruction directly affects liquidation, inspection, saleability and value realisation of estate assets. The notes state that long, open and continuous use of access through adjoining land, supported by recorded permissions and other material, established a prescriptive right of way under the Indian Easements Act. Obstruction after CIRP was treated as prejudicial to liquidation, and measures keeping the route unobstructed were sustained. A dissenting view considered that a contested prescriptive easement requires full civil evidence and should be pursued before a civil court with leave under the Code.</description>
    <language>en-us</language>
    <pubDate>Wed, 29 Jul 2026 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 01 Aug 2026 08:34:33 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=914801" rel="self" type="application/rss+xml"/>
    <item>
      <title>2026 (8) TMI 21 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
      <link>https://www.taxtmi.com/caselaws?id=796148</link>
      <description>Section 60(5)(c) of the Insolvency and Bankruptcy Code permits protection of a pre-existing access right when post-insolvency obstruction directly affects liquidation, inspection, saleability and value realisation of estate assets. The notes state that long, open and continuous use of access through adjoining land, supported by recorded permissions and other material, established a prescriptive right of way under the Indian Easements Act. Obstruction after CIRP was treated as prejudicial to liquidation, and measures keeping the route unobstructed were sustained. A dissenting view considered that a contested prescriptive easement requires full civil evidence and should be pursued before a civil court with leave under the Code.</description>
      <category>Case-Laws</category>
      <law>IBC</law>
      <pubDate>Wed, 29 Jul 2026 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=796148</guid>
    </item>
  </channel>
</rss>