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2021 (4) TMI 1317 - NATIONAL COMPANY LAW TRIBUNAL MUMBAIValidity of notice issued - seeking restraint on Respondent from taking any steps in further of the said notice - seeking restraint from terminating the lease agreement till the completion of the corporate insolvency resolution process or to take any further step in this respect - seeking extension of co-operation in concluding the corporate insolvency resolution process in terms of the Insolvency and Bankruptcy Code, 2016 - seeking injunction on Respondent from taking possession of the said leasehold land till such time this MA is disposed of. HELD THAT:- The CIRP was initiated on 11.03.2019 and the impugned notice is dated 08.11.2019. The CIRP on the extension being granted came to an end on 06.12.2019. The R1's Show Cause Notice terminating the lease agreement dated 22.01.2015 was issued on 08.11.2019 and the same was signed by Regional Officer, MIDC, Nashik - it is clear that R1's action in seeking possession of the leased land, during the currency of CIRP, is hit by Section 14(1)(d) of the Code. As far as other prayers, R1 shall not take any coercive steps till the Application for approval of the Resolution Plan (MA No. 3960 of 2019) is heard by this Bench - application allowed.
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