TMI Blog2022 (3) TMI 1393X X X X Extracts X X X X X X X X Extracts X X X X ..... I 56 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI ] where it was held that The alleged debt on account of purported enhanced rent of leasehold property does not fall within the definition of the operational debt in terms of Section 5(21) of the Code. HELD THAT:- The questions framed in Referring Judgment dated 07th March, 2022 be placed for consideration before the 'Larger Bench ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Judgment of this Tribunal in Company Appeal (AT) (Ins.) No. 331 of 2019 in the matter of 'Mr. M. Ravindranath Reddy Vs. Mr. G. Kishan Ors.' Lays down the correct law. ii. Whether claim of the Licensor for payment of License Fee for use and occupation of Immovable Premises for commercial purposes is a claim of 'Operational Debt' within the meaning of Section 5(21) of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ench in Mr.M. Ravindranath Reddy Vs. Mr. G. Kishan Ors. case. 4. We have also our doubts with regard to the correctness of the law in Judgment of Mr. M. Ravindranath Reddy Vs. Mr. G. Kishan Ors. as noted in the aforesaid referring Judgment. The Judgment of Hon'ble Supreme Court in Mobilox Innovations (P.) Ltd. Vs. Kirusa Software (P.) Ltd. where report of the 'Bankruptcy Law ..... X X X X Extracts X X X X X X X X Extracts X X X X
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