Delhi High Court Directs NCLT To Consider Landlord’s Application For Seeking Vacation And Handover Leased Property

Date:

The Delhi High Court Directed NCLT to consider the landlord’s application for seeking vacation and handover of leased property.

The court noted that it has been informed that the next date of hearing before the NCLT, New Delhi is scheduled to be 22nd July, 2024. Considering the facts, the NCLT, New Delhi was directed by the court to take up the Petitioner’s interim applications and to decide the same expeditiously.

It is the case of the Petitioner that he is the lawful owner and landlord of the industrial plot situated in Khasra Nos. 151//16/3, 24/2, 25 located in Village Roahd, Distt. Jhajjar, Haryana admeasuring 5412 Sq. Mtrs. including 25000 Sq. Ft. of constructed area. In 2012, this property was leased to the Respondent company for an initial period of nine years commencing from 1st December, 2012. The said term expired in December 2021; however, the possession has not yet been returned to the Petitioner. Furthermore, the Petitioner asserts that the Respondent has defaulted in payment of rent since 2018 and the arrears are now amounting to more than Rs. 2 crores. 

Read More: Whether GST Exemption Granted To Transmission/Distribution Of Electricity Would Take In Ancillary Services Offered To Its Consumers? Supreme Court Is Yet To Decide: Patna High Court

 In fact, the Petitioner also filed a civil suit for recovery of possession before the Civil Court at Bahadurgarh, Haryana, however, since Corporate Insolvency Resolution Proceedings had been initiated against the Respondent, the proceedings in the Civil Suit could not continue on account of the moratorium under the Insolvency and Bankruptcy Code, 2016.

In such circumstances, the Petitioner has filed three applications before the NCLT, Delhi, however, the said applications have not been adjudicated since 2022.

Case Information 

Case Name: Vikas Chopra V/S M/S Vhv Beverages Pvt. Ltd.

Judicial Level & Location : High Court Of Delhi  

Case Number : W.P.(C) 9511/2024

Date of Ruling : 15/07/2024

Ruling in favor of: Petitioner 

Judges: Justice Sanjeev Narula

Counsel for Petitioner: Mr. Adarsh Tripathi, Mr. Vikram S. Baid and Mr. Ajitesh Garg, Advocates.

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Juris Hour Team
Juris Hour Team
Juris Hour is an online news portal for reporting accurate and honest news, articles, judgments, Circulars, orders and notifications related to legal developments. We use the tagline ‘Proficiency At Your Doorstep’. Our mission is to simplify and communicate various legal developments in various spheres like civil, criminal, taxation, etc. and make people aware of their rights and duties in order to empower them to contribute in nation-building. Juris Hour is a team of young professionals turned legal journalists who are guided by the values enshrined in the Preamble of the Constitution of India and want to create more legal awareness in society by acting as a tool to aid legal reforms by offering a space for constructive criticism of the judiciary.

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