{"id":1869,"date":"2025-07-19T14:50:59","date_gmt":"2025-07-19T14:50:59","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=1869"},"modified":"2025-07-19T14:51:01","modified_gmt":"2025-07-19T14:51:01","slug":"ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/","title":{"rendered":"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 – Demerger between closely held family concerns allowed based on shareholders unequivocal consent"},"content":{"rendered":"\n

Case of Lincon Polymers Private Limited vs XX, NCLAT Delhi Judgement Dated 26th<\/sup>\u00a0May 2025.<\/em>\u00a0The appellant authority held that under the scheme of demerger, the companies are closely held family concerns, the valuation and share swap ratio is worked out by expert IBBI registered valuer and shareholders have given their unequivocal consent hence dismissal of demerger scheme not justified.\u00a0<\/p>\n\n\n\n

(Link: NCLAT Delhi Judgement Dated 26\/05\/2025<\/em><\/a>) <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Case of Lincon Polymers Private Limited vs XX, NCLAT Delhi Judgement Dated 26th\u00a0May 2025.\u00a0The appellant authority held that under the […]<\/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-1869","post","type-post","status-publish","format-standard","hentry","category-ibbi","category-judiciary-ibbi"],"yoast_head":"\nIBBI NCLAT Delhi Judgement Dated 26\/05\/2025 - Demerger between closely held family concerns allowed based on shareholders unequivocal consent - Bhatia Bhola & 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\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/\" \/>\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 26\/05\/2025 - Demerger between closely held family concerns allowed based on shareholders unequivocal consent - Bhatia Bhola & Associates LLP\" \/>\n<meta property=\"og:description\" content=\"Case of Lincon Polymers Private Limited vs XX, NCLAT Delhi Judgement Dated 26th\u00a0May 2025.\u00a0The appellant authority held that under the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/\" \/>\n<meta property=\"og:site_name\" content=\"Bhatia Bhola & Associates LLP\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-19T14:50:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-19T14:51:01+00:00\" \/>\n<meta name=\"author\" content=\"Yash Bhola\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yash Bhola\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/\"},\"author\":{\"name\":\"Yash Bhola\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\"},\"headline\":\"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 – Demerger between closely held family concerns allowed based on shareholders unequivocal consent\",\"datePublished\":\"2025-07-19T14:50:59+00:00\",\"dateModified\":\"2025-07-19T14:51:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/\"},\"wordCount\":83,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/bhatiabhola.com\/#organization\"},\"articleSection\":[\"IBBI\",\"IBBI Judiciary\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/\",\"url\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/\",\"name\":\"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 - Demerger between closely held family concerns allowed based on shareholders unequivocal consent - Bhatia Bhola & Associates LLP\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/#website\"},\"datePublished\":\"2025-07-19T14:50:59+00:00\",\"dateModified\":\"2025-07-19T14:51:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bhatiabhola.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 – Demerger between closely held family concerns allowed based on shareholders unequivocal consent\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bhatiabhola.com\/#website\",\"url\":\"https:\/\/bhatiabhola.com\/\",\"name\":\"Bhatia Bhola & Associates LLP\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/bhatiabhola.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bhatiabhola.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bhatiabhola.com\/#organization\",\"name\":\"Bhatia Bhola & Associates LLP\",\"url\":\"https:\/\/bhatiabhola.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png\",\"contentUrl\":\"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png\",\"width\":1709,\"height\":376,\"caption\":\"Bhatia Bhola & Associates LLP\"},\"image\":{\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\",\"name\":\"Yash Bhola\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g\",\"caption\":\"Yash Bhola\"},\"url\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/author\/bba_ypbhola\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 - Demerger between closely held family concerns allowed based on shareholders unequivocal consent - Bhatia Bhola & Associates LLP","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/","og_locale":"en_US","og_type":"article","og_title":"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 - Demerger between closely held family concerns allowed based on shareholders unequivocal consent - Bhatia Bhola & Associates LLP","og_description":"Case of Lincon Polymers Private Limited vs XX, NCLAT Delhi Judgement Dated 26th\u00a0May 2025.\u00a0The appellant authority held that under the […]","og_url":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/","og_site_name":"Bhatia Bhola & Associates LLP","article_published_time":"2025-07-19T14:50:59+00:00","article_modified_time":"2025-07-19T14:51:01+00:00","author":"Yash Bhola","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Yash Bhola","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/#article","isPartOf":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/"},"author":{"name":"Yash Bhola","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c"},"headline":"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 – Demerger between closely held family concerns allowed based on shareholders unequivocal consent","datePublished":"2025-07-19T14:50:59+00:00","dateModified":"2025-07-19T14:51:01+00:00","mainEntityOfPage":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/"},"wordCount":83,"commentCount":0,"publisher":{"@id":"https:\/\/bhatiabhola.com\/#organization"},"articleSection":["IBBI","IBBI Judiciary"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/","url":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/","name":"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 - Demerger between closely held family concerns allowed based on shareholders unequivocal consent - Bhatia Bhola & Associates LLP","isPartOf":{"@id":"https:\/\/bhatiabhola.com\/#website"},"datePublished":"2025-07-19T14:50:59+00:00","dateModified":"2025-07-19T14:51:01+00:00","breadcrumb":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-nclat-delhi-judgement-dated-26-05-2025-demerger-between-closely-held-family-concerns-allowed-based-on-shareholders-unequivocal-consent\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bhatiabhola.com\/"},{"@type":"ListItem","position":2,"name":"IBBI NCLAT Delhi Judgement Dated 26\/05\/2025 – Demerger between closely held family concerns allowed based on shareholders unequivocal consent"}]},{"@type":"WebSite","@id":"https:\/\/bhatiabhola.com\/#website","url":"https:\/\/bhatiabhola.com\/","name":"Bhatia Bhola & Associates LLP","description":"","publisher":{"@id":"https:\/\/bhatiabhola.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bhatiabhola.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bhatiabhola.com\/#organization","name":"Bhatia Bhola & Associates LLP","url":"https:\/\/bhatiabhola.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/","url":"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png","contentUrl":"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png","width":1709,"height":376,"caption":"Bhatia Bhola & Associates LLP"},"image":{"@id":"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c","name":"Yash Bhola","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g","caption":"Yash Bhola"},"url":"https:\/\/bhatiabhola.com\/index.php\/blog\/author\/bba_ypbhola\/"}]}},"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/1869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/comments?post=1869"}],"version-history":[{"count":1,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/1869\/revisions"}],"predecessor-version":[{"id":1870,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/1869\/revisions\/1870"}],"wp:attachment":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/media?parent=1869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/categories?post=1869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/tags?post=1869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}