{"id":1473,"date":"2025-06-20T12:26:00","date_gmt":"2025-06-20T12:26:00","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=1473"},"modified":"2025-06-20T12:26:01","modified_gmt":"2025-06-20T12:26:01","slug":"ibbi-nclat-delhi-judgement-dated-15-05-2025-majority-consent-on-restructuring-doesnt-bar-ibc-section-7-filing-by-lender","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/06\/20\/ibbi-nclat-delhi-judgement-dated-15-05-2025-majority-consent-on-restructuring-doesnt-bar-ibc-section-7-filing-by-lender\/","title":{"rendered":"IBBI NCLAT Delhi Judgement Dated 15\/05\/2025 &#8211; Majority consent on restructuring doesn\u2019t bar IBC section 7 filing by lender"},"content":{"rendered":"\n<p><em>Case of Apresh Garg vs Indian Bank, NCLAT Delhi Judgement Dated 15<sup>th<\/sup>\u00a0May 2025<\/em>. The appellant authority held that filing of application by lender under section 7 of the IBC even after agreeing on restructuring of loan by majority of lenders is justifiable since all Lenders have their independent rights to take such measures as per their Bank\u2019s policy. Accordingly, order admitting application under section 7 is upheld.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1bwFOJmGPKgxPy-9Mq5XHUYQ0HB2FRpsi\/view?usp=sharing\"><em>(Link: NCLAT Delhi Judgement Dated 15\/05\/2025)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Case of Apresh Garg vs Indian Bank, NCLAT Delhi Judgement Dated 15th\u00a0May 2025. The appellant authority held that filing of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","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":"","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":"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":"","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-4)","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-4)","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-4)","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":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[66,69],"tags":[],"class_list":["post-1473","post","type-post","status-publish","format-standard","hentry","category-ibbi","category-judiciary-ibbi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBBI NCLAT Delhi Judgement Dated 15\/05\/2025 - Majority consent on restructuring doesn\u2019t bar IBC section 7 filing by lender - Bhatia Bhola &amp; Associates LLP<\/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:\/\/bhatiabhola.com\/index.php\/blog\/2025\/06\/20\/ibbi-nclat-delhi-judgement-dated-15-05-2025-majority-consent-on-restructuring-doesnt-bar-ibc-section-7-filing-by-lender\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBBI NCLAT Delhi Judgement Dated 15\/05\/2025 - Majority consent on restructuring doesn\u2019t bar IBC section 7 filing by lender - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"Case of Apresh Garg vs Indian Bank, NCLAT Delhi Judgement Dated 15th\u00a0May 2025. 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