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2019 (1) TMI 1947 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHIDisallowance of payment of rent by CoC - HELD THAT:- The landlord cannot negotiate the security amount nor can adjust the payment. With regard to the current rent as Section 14 moratorium is not applicable, the Adjudicating Authority has rightly directed the parties to pay rent w.e.f. 1st December, 2018 or make suitable arrangements in the alternative. The appellant are allowed to pay the rent w.e.f. 1st December, 2018 and onwards i.e. up to the date of moratorium. Rent of December, 2018 be paid by 15th February, 2019. Rent for the month of January, 2019 be paid by 28th February, 2019. Thereafter the rent for each month should be paid by 15th of next month. Appeal disposed off.
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