The case involves an application filed by the liquidator of Shrenuj & Co. Ltd. to direct Adinath Jewellery Exports (Respondent No. 1) to hand over vacant possession of premises located at Plot No. A-7, MIDC Andheri East Mumbai, admeasuring 6000 sq. ft. The application also seeks to direct Respondent No. 1 to pay outstanding license fees and to direct Rexnord Electronics and Controls Limited (Respondent No. 2), the successful bidder in an e-auction, to pay the balance consideration amount for the purchase of the premises. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor, and subsequently, a liquidation order was passed. The Leave and License Agreement between the Corporate Debtor and Respondent No. 1 had expired, but the

The case involves an application filed by the liquidator of Shrenuj & Co. Ltd. to direct Adinath Jewellery Exports (Respondent No. 1) to hand over vacant possession of premises located at Plot No. A-7, MIDC Andheri East Mumbai, admeasuring 6000 sq. ft. The application also seeks to direct Respondent No. 1 to pay outstanding license fees and to direct Rexnord Electronics and Controls Limited (Respondent No. 2), the successful bidder in an e-auction, to pay the balance consideration amount for the purchase of the premises. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor, and subsequently, a liquidation order was passed. The Leave and License Agreement between the Corporate Debtor and Respondent No. 1 had expired, but the