Liquidator Can Recover Possession: NCLAT Dismisses Appellant’s Plea for Small Cause Court Jurisdiction

The NCLAT has dismissed an appellant's plea for Small Cause Court jurisdiction, ruling that a liquidator can recover possession of a property. The tribunal found that the liquidator's power to take control of the corporate debtor's assets is paramount and cannot be challenged in a lower court. The decision provides a significant boost to the powers of a liquidator and ensures that the liquidation process is not derailed by legal challenges in other forums.