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2018 (12) TMI 1722 - Tri - Insolvency and BankruptcyDirections against the Respondent to return the physical possession of the ‘B’ Wing premises of Lakshmi Towers to the applicant and restrain the Respondent from taking any action in relation to the ‘A’ Wing premises - Section 13(4) of the SARFAESI Act - HELD THAT:- The Respondent, who is also the Financial Creditor of the Corporate Debtor, was fully aware of the moratorium order but violated that and taken the possession of the alleged premises/property without due process of law - the respondent are directed to immediately return the physical possession of the B Wing premises to the applicant and we further restrain the Respondent from taking any further action in relation to A Wing premises pursuant to the notices issued by the Respondent under Section 13 (4) of the SARFAESI Act.
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