Initiation of CIRP - not increasing the rent of a period of 6 ...
CIRP Initiation Denied: Alleged Increased Rent Not Operational Debt u/s 5(21) of Insolvency Code.
February 3, 2020
Case Laws Insolvency and Bankruptcy AT
Initiation of CIRP - not increasing the rent of a period of 6 years - 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
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