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No separate eviction proceedings required for RP to reclaim corporate debtor’s assets during CIRP
Case Law Details
- Case Name
- Raman Khangura Vs Navneet Gupta & Ors. (NCLAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
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- Courts
- NCLAT
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Raman Khangura Vs Navneet Gupta & Ors. (NCLAT Delhi)
Conclusion: Resolution Professional (RP) was fully justified in seeking possession through the insolvency process itself, the NCLAT affirmed the NCLT’s eviction order and held that separate eviction suits were not a prerequisite for reclaiming assets owned by a corporate debtor during CIRP.
Held: In the instant case, when the Resolution Professional, after taking charge of the corporate debtor, discovered that several portions of the hotel including the entire ninth floor, remained occupied by members of the promoter family. Notices we...
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