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TMI Blog2024 (5) TMI 808X X X X Extracts X X X X X X X X Extracts X X X X ..... uthority for the purpose of recording a finding on each prayers sought in the application after taking into consideration the pleadings as well as the evidence brought on record. As according to us, the impugned order is totally nonspeaking. Application is hereby restored and the matter is remanded back to the Adjudicating Authority to decide the application again by recording reasons while dealing with the prayers made in the application - appeal allowed by way of remand. - [ Justice Rakesh Kumar Jain ] Member ( Judicial ) And [ Mr. Indevar Pandey ] Member ( Technical ) For the Appellants : Mr. Bharat Gupta , Adv For the Respondent : Mr. Swapnil Gupta , Vaibhav Mendiratta, Abhinav Mishra , Adv. for RP ORDER Per : Justice Rakesh Kumar Jai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o only)- Till January 31st 2014 ii. Space rentals w.e.f 1st February 2014 till January 31st 2017 @ 68.77 per sqft x 670 sqft (15% escalation) = Rs 16,58,986/ - Rs 46076 x 36 (Months) = Rs 16,58,736/- (Rs Sixteen Lakhs, Fifty-Eight Thousand, Nine Hundred and Eighty-Six only)- Till January 31st 2017. iii. Space rentals w.e.f 1 st February 2017 till January 31st 2020 @ Rs 79.08 per sqft x 670 sqft (15% escalation) = Rs 19,07, 532/- 52,987/ Rs - x36 (Months) Rs 19,07,532/- (Rs Nineteen Lakhs, Seven Thousand, Five Hundred and Thirty-Two only)- Till January 31st 2020. iv. Space rentals w.e.f 1st February 2020 till 31st May 2020 @ Rs 90.942 per sqft x 670 sqft (15% escalation) = Rs 60,931x4= Rs 62 2,43,724/ - Rs 90.942/- X 4 (Months) = Rs 2,43,724 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he extent of 1.70 times of the principal amount which comes at =Rs 17,85,000/- CLAIM NO. 5 House Taxes The amount is payable as the same was agreed between the parties and as the lease agreement of the flat of FC was executed by CD in favour of the entity (their own sister concerns) and as per clause 5 of Lease agreement dated 18th July 2007 and as per extended lease dated 24.01.2011 Rs 1,03,000/ - paid by FC to MCG on 31.03.2018 Rs 4382/- paid by FC to MCG on 31.03.2018 Rs 7236/- on 03.07.2019 Total: Rs l,14,618/-(Receipts as proof enclosed) CLAIM No. 6 Interest @18% per annum on the overdue amount till realization of the same 5. Counsel for the Appellant has submitted that the Adjudicating Authority has not looked into the claims of the a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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