NCLAT issues notice and grants interim stay on possession of 80,400 sq mtrs land linked to a Corporate Debtor's insolvency resolution plan.
Appellants challenge an order allowing the Monitoring Committee to take possession of the land, citing conflicting lease area details.
The appeal arises from implementation of a previously approved resolution plan dated 21.01.2026 which is not under challenge.
The Successful Resolution Applicant's possession of the land is made subject to the outcome of this appeal.