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Company Law

Removal of movable assets at leased premises allowable as objection of ownership not raised during liquidation

Case Law Details

Case Name
Reliance Realty Limited Vs Anup Kumar (NCLAT Delhi)
Date of Judgement/Order
Only available for paid members
Courts
NCLAT
Advertisement Reliance Realty Limited Vs Anup Kumar (NCLAT Delhi) NCLAT Delhi held that liquidator duly allowed to remove all the movable assets of the Corporate Debtor lying at the leased premises since appellant/lessor never raised any objection regarding ownership of assets either during CIRP or during liquidation proceeding. Facts- The present appeal filed under Section 61 of Insolvency and Bankruptcy Code 2016 by the Appellant arises out of the Order dated 06.06.2025 passed by the Adjudicating Authority (National Company Law Tribunal, Mumbai Bench-IV). By the impugned order, the Adjud...
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