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Moratorium would not apply to those properties which were given to debtor for development only: NCLT

February 8, 2019[2019] 101 413 (NCL-AT)

IBC: Where land belonging to development authority was given to corporate debtor for development only and was not formally transferred in favour of corporate debtor builder, it couldn't be treated to be asset of corporate debtor to be covered by moratorium on admission of its CIRP

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