Page 38 - IBC Orders us 7-CA Mukesh Mohan

Order Passed by Sec 7
Hon’ble NCLT Principal Bench
(d) the recovery of any property by an owner or lessor where such property is occupied by or in the

possession of the corporate debtor".

12. However, the aforesaid prohibition shall be subject to sub-section (2) & (3) which permits the

supply of essential goods or services to the corporate debtor as may be specified by the Insolvency
Resolution Professional and the same were not to be terminated or suspended or interrupted during the
moratorium period. The provisions of Section 14 of the Code are also not to apply to transaction as may

be notified by the Central Government in consultation with the financial sector regulator. The Insolvency
Professional shall be under obligation to perform all acts as contemplated by Section 15, 16, 17, 18 and

20 of the Code.

13. The personnel of the 'Corporate Debtor', its promoter or any other person associated with its

management is to extend all assistance and co-operation to the Interim Resolution Professional as may be
required by him or her in managing the affairs of the 'Corporate Debtor'. In case of any failure, the Interim
Resolution Professional would be at liberty to initiate action by filing appropriate application to this

Tribunal.

14. The petition stands disposed of in the above terms.

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