2025 (1) TMI 1153

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..... of I & B Code - it was held by NCLAT that 'Having scrutinised the reasons which has been assigned by the Learned Adjudicating Authority in relation to the status of the property and the effect of the pendency of the Civil Suit filed by the Appellant, the rejection of the two applications of the Appellant by the Learned Adjudicating Authority by the Impugned order does not call for any interfe .....

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..... e Resolution Professional to IA No.417/2024 before the National Company Law Tribunal, we do not find any good ground and reason to interfere with the impugned judgment; hence, the appeals are dismissed. In other words, the right to operate the conveyor belt systems and to maintain the same will be treated as an asset and right of the Corporate Debtor in the proceedings pending under the Insolvenc .....

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