2019 (1) TMI 1947

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..... thority 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 m .....

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..... r make suitable arrangements in the alternative. Learned counsel appearing on behalf of the appellant (Committee of Creditors) submitted that the outstanding dues is Rs. Two crores and the security lying with the landlord is of ₹ 3.4 Crores. However, such argument cannot be accepted in view of the order of the moratorium. The landlord cannot negotiate the security amount nor can adjust the p .....

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