{"id":4101,"date":"2026-01-12T01:15:10","date_gmt":"2026-01-12T01:15:10","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=4101"},"modified":"2026-01-12T01:15:12","modified_gmt":"2026-01-12T01:15:12","slug":"ibbi-nclat-delhi-judgement-dated-17-10-2025-balance-sheet-entries-are-reliable-evidence-of-existence-of-financial-debt","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/01\/12\/ibbi-nclat-delhi-judgement-dated-17-10-2025-balance-sheet-entries-are-reliable-evidence-of-existence-of-financial-debt\/","title":{"rendered":"IBBI, NCLAT Delhi Judgement Dated 17\/10\/2025 &#8211; Balance sheet entries are reliable evidence of existence of Financial Debt\u00a0"},"content":{"rendered":"\n<p><em>Case of Subhash Chander Chauhan vs Kaliber Ass<\/em>ociates Pvt Ltd,\u00a0<em>NCLAT Delhi Judgement Dated 17<sup>th<\/sup>\u00a0October 2025.<\/em>\u00a0The appellate tribunal held that balance sheet entries are reliable evidence of existence of financial debt. Accordingly, since debt and default against Corporate Debtor established, admission of application for CIRP by Financial Creditors under section 7 of IBC justified.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1__1JlwW1DqJbEpwrWdjTbzVuchaZqD-W\/view?usp=sharing\"><em>(Link: NCLAT Delhi Judgement Dated 17\/10\/2025)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Case of Subhash Chander Chauhan vs Kaliber Associates Pvt Ltd,\u00a0NCLAT Delhi Judgement Dated 17th\u00a0October 2025.\u00a0The appellate tribunal held that balance [&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-4101","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 17\/10\/2025 - Balance sheet entries are reliable evidence of existence of Financial Debt\u00a0 - Bhatia Bhola &amp; 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