The appeal was filed against an order dated 08.11.2024 passed by Ld. NCLT, Guwahati Bench, which rejected I.A. No. 152/GB/2024. The NCLT relied on a judgment by NCLAT in the matter of M/s Navbharat Castings LLP Vs. Moserbear India.
Eastern Estates claims to have leasehold rights for 99 years on Premises No. 5 and 6, Fancy Lane Kolkata 700001, based on a lease agreement dated 24.11.1967.
Eastern Estates sublet the premises to Mr. Hiralal Sobhagmull, who further licensed the office space to the Corporate Debtor.
The Corporate Debtor allegedly stopped paying the license fee and electricity dues to Eastern Estates in November 2018.
Eastern Estates filed a claim for unpaid rental and electricity dues of Rs. 6,68,279/- as an Operational Creditor.
The Resolution Professional quoted Clause 12(a) of the Resolution Plan, which addresses access to the assets where the company conducts its business.
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Order passed by Ld. NCLT, Guwahati Bench…
This Appeal is filed…
The appeal was filed against an order dated 08.11.2024 passed by Ld. NCLT, Guwahati Bench, which rejected I.A. No. 152/GB/2024. The NCLT relied on a judgment by NCLAT in the matter of M/s Navbharat Castings LLP Vs. Moserbear India.
Eastern Estates claims to have leasehold rights for 99 years on Premises No. 5 and 6, Fancy Lane Kolkata 700001, based on a lease agreement dated 24.11.1967.
Eastern Estates sublet the premises to Mr. Hiralal Sobhagmull, who further licensed the office space to the Corporate Debtor.
The Corporate Debtor allegedly stopped paying the license fee and electricity dues to Eastern Estates in November 2018.
Eastern Estates filed a claim for unpaid rental and electricity dues of Rs. 6,68,279/- as an Operational Creditor.
The Resolution Professional quoted Clause 12(a) of the Resolution Plan, which addresses access to the assets where the company conducts its business.
…Order passed by Ld. NCLT, Guwahati Bench…
This Appeal is filed…