NCLAT: If No Lease Deed is Shown by 3rd Party, Machinery Hypothecated by CD Remains Its Asset - 18.02.2025

NCLAT New Delhi bench has held that if no lease deed is shown under which third party is claiming to be the owner of the machinery hypothecated by Corporate Debtor against loans, the corporate debtor shall remain the owner of the machinery.

Tags : NCLAT New Delhi Corporate Debtor Lease Deed

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