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Court Denies Transfer of Birpara Tea Estate to Resolution Professional Due to Expired Lease and Lack of Ownership Rights.
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....Seeking direction upon Respondent No. 1 to hand over the possession of Birpara Tea Estate (Tea Estate) to the Resolution Professional - The lease given to the Corporate Debtor has not been renewed in favour of the Corporate Debtor hence; it is out of question that the Resolution Professional can take possession of the Tea Gardens to which the Corporate Debtor has no ownership. - Tri....


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