The Appellant, the landlord of the registered office of ‘Raj Oil Mills Ltd.' (Corporate Debtor), challenged the order dated April 19, 2018, passed by the Adjudicating Authority (National Company Law Tribunal) Mumbai Bench, which approved the resolution plan earlier approved by the Committee of Creditors. The Appellant's grievance was that the tenancy agreement had ended, and the Corporate Debtor was technically required to hand over possession of the premises, but had not done so.
The Appellant is the landlord of the registered office of Raj Oil Mills Ltd., the Corporate Debtor. The Adjudicating Authority approved a resolution plan for the Corporate Debtor. The Appellant challenged this order, arguing that the tenancy agreement had expired, and the Corporate Debtor was required to hand over possession but had not done so. The moratorium period under Section 14 of the Insolvency and Bankruptcy Code, 2016, was in effect. The resolution plan was approved on April 19, 2018, which also marked the end of the moratorium period. The Appellant sought to evict the Corporate Debtor.
Sign in to view the parties.
The Adjudicating Authority (National Company…
The moratorium period ended on the date of…
The Appellant, the landlord of the registered office of ‘Raj Oil Mills Ltd.' (Corporate Debtor), challenged the order dated April 19, 2018, passed by the Adjudicating Authority (National Company Law Tribunal) Mumbai Bench, which approved the resolution plan earlier approved by the Committee of Creditors. The Appellant's grievance was that the tenancy agreement had ended, and the Corporate Debtor was technically required to hand over possession of the premises, but had not done so.
The Appellant is the landlord of the registered office of Raj Oil Mills Ltd., the Corporate Debtor. The Adjudicating Authority approved a resolution plan for the Corporate Debtor. The Appellant challenged this order, arguing that the tenancy agreement had expired, and the Corporate Debtor was required to hand over possession but had not done so. The moratorium period under Section 14 of the Insolvency and Bankruptcy Code, 2016, was in effect. The resolution plan was approved on April 19, 2018, which also marked the end of the moratorium period. The Appellant sought to evict the Corporate Debtor.
The Adjudicating Authority (National Company…
The moratorium period ended on the date of…