NCLT orders CLC Industries' Resolution Professional to treat occupational charges for staff housing as CIRP costs, payable from escrow account.
Applicant Indo Rama Synthetics claimed ₹58.76 lakh for April-December 2019 usage of housing colony during corporate insolvency.
Tribunal ruled occupation charges constitute CIRP costs as premises were essential for maintaining corporate debtor as going concern.
Committee of Creditors' rejection was overturned as NCLT found moratorium prevented applicant from pursuing other legal remedies.