{"id":5571,"date":"2025-08-22T06:06:29","date_gmt":"2025-08-22T06:06:29","guid":{"rendered":"https:\/\/nupurljlnu.com\/?p=5571"},"modified":"2025-08-22T06:06:29","modified_gmt":"2025-08-22T06:06:29","slug":"sincere-securities-private-limited-ors-v-s-chandrakant-khemka-ors-civil-appeal-no-12812-of-2024","status":"publish","type":"post","link":"https:\/\/nupurljlnu.com\/?p=5571","title":{"rendered":"Sincere Securities Private Limited &#038; Ors. v\/s Chandrakant Khemka &#038; Ors., Civil Appeal No. 12812 of 2024\u2026"},"content":{"rendered":"\n<p>Supreme Court backs owner, orders return of leased property, suspended Director\u2019s objection quashed.<\/p>\n\n\n\n<p>The Supreme Court restored NCLT\u2019s order, directing that possession of the disputed property be returned to the appellants, as neither the CoC nor the resolution professional wanted to retain it. Objections by the suspended director were dismissed as baseless and not in the corporate debtor\u2019s financial interest.<\/p>\n\n\n\n<p>Court:<br>Supreme Court of India<\/p>\n\n\n\n<p>Case:<br>Sincere Securities Private Limited &amp; Ors. vs. Chandrakant Khemka &amp; Ors., Civil Appeal No. 12812 of 2024<\/p>\n\n\n\n<p>Date Of Judgement:<br>05 August 2025<\/p>\n\n\n\n<p>Act:<br>Insolvency and Bankruptcy Code, 2016<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supreme Court backs owner, orders return of leased property, suspended Director&rsquo;s objection quashed. The Supreme Court restored NCLT&rsquo;s order, directing that possession of the disputed property be returned to the appellants, as neither the CoC nor the resolution professional wanted to retain it. Objections by the suspended director were dismissed as baseless and not in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5571","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sincere Securities Private Limited &amp; Ors. v\/s Chandrakant Khemka &amp; Ors., Civil Appeal No. 12812 of 2024\u2026 - Nupurljlnu<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nupurljlnu.com\/?p=5571\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sincere Securities Private Limited &amp; Ors. v\/s Chandrakant Khemka &amp; Ors., Civil Appeal No. 12812 of 2024\u2026 - Nupurljlnu\" \/>\n<meta property=\"og:description\" content=\"Supreme Court backs owner, orders return of leased property, suspended Director&rsquo;s objection quashed. 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