IBBI, NCLAT Delhi Judgement dated 07/01/2026 – Liquidator has power to evict subsidiaries occupying Corporate Debtor Assets 

Case of Fivebro Water Services Pvt Ltd vs Bijay MururiaNCLAT Delhi Judgement Dated 7th January 2026. The appellate tribunal held that Liquidator, in discharge of duties under Section 35, was entitled to take custody and control of the assets of the Corporate Debtor forming part of the liquidation estate and recover outstanding dues. Since the premises belonged to the Corporate Debtor and the Appellants had continued in possession without clearing rental and licence fee liabilities, the directions issued by the Adjudicating Authority to vacate the premises and pay arrears were justified.

 (Link: NCLAT Delhi Judgement Dated 07/01/2026)

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