Just a moment...

βœ•
Top
Help
πŸš€ New: Section-Wise Filter βœ•

1. Search Case laws by Section / Act / Rule β€” now available beyond Income Tax. GST and Other Laws Available

2. New: β€œIn Favour Of” filter added in Case Laws.

Try both these filters in Case Laws β†’

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedbackβœ•

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

2019 (11) TMI 1772

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t] Member (Judicial) and [Justice Venugopal M.] Member (Judicial) O R D E R In the Corporate Insolvency Resolution Process of 'S. K. Wheels Pvt. Ltd.', 'Amar Universal Private Limited' - 1st Respondent, who is landlord filed Miscellaneous Application for direction on Resolution Professional to handover the land to said landlord - 'Amar Universal Private Limited' being a third party property. 2....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dlord. In view of the same, Miscellaneous Application filed by 1st Respondent - 'Amar Universal Private Limited' was allowed with direction to the Resolution Professional to handover the land to the 1st Respondent including the claim amount within one week with further direction to the Resolution Professional to pay a cost of Rs.1 Lakh to the 1st Respondent. 5. Learned counsel appearing on behalf....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the rent. However, we are not inclined to give any direction to the Respondent of such. It is not disputed that the claim of the Respondent No. 1 was not decided by the Resolution Professional and no decision was communicated to the Landlord. 7. Further we find that as per Agreement, the Corporate Debtor was holding the vacant land for the purpose of keeping the automobiles pursuant to the licens....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... amount as raised by the Applicant for current period after initiation of the Corporate Insolvency Resolution Process". 10. The Resolution Professional will determine the claim of the 1st Respondent and communicate the same to the 1st Respondent and may approach the 1st Respondent - 'Amar Universal Private Limited' for renegotiation and settlement of any grievance in terms of earlier agreement. '....