IBBI, NCLAT Delhi Judgement Dated 28/10/2025 – Leasehold rights are assets of Corporate Debtor hence includible in Liquidation Estate 

Case of West Bengal Housing Infrastructure Development Corporation Ltd vs Kshitiz Chhawchharia,  NCLAT Delhi Judgement Dated 28th October 2025. The appellate tribunal held that the leasehold rights with regard to the leased property are the assets of the Corporate Debtor. Accordingly, liquidator has not committed any illegality in including the demised leased land in the Liquidation Estate of the Corporate Debtor. 

(Link: NCLAT Delhi Judgement Dated 28/10/2025)

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