NCLT Chandigarh directs related-party tenants to vacate two properties owned by Venus Garments, forming part of its liquidation estate.
Tribunal rejects jurisdictional objections, ruling IBC provisions override state rent control laws for liquidation asset recovery.
Liquidator's applications for possession are maintained, but claims for Rs 65 lakh rent arrears are left for other forums.
Unregistered 30-year lease deeds with Rs 100 stamp duty are declared void and inadmissible as evidence of tenancy rights.