{"id":4927,"date":"2026-03-16T02:36:22","date_gmt":"2026-03-16T02:36:22","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=4927"},"modified":"2026-03-16T02:36:23","modified_gmt":"2026-03-16T02:36:23","slug":"ibbi-nclat-delhi-judgement-dated-07-01-2026-insolvency-resolution-to-be-undertaken-on-project-specific-basis","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/03\/16\/ibbi-nclat-delhi-judgement-dated-07-01-2026-insolvency-resolution-to-be-undertaken-on-project-specific-basis\/","title":{"rendered":"IBBI, NCLAT Delhi Judgement Dated 07\/01\/2026 &#8211; Insolvency Resolution to be undertaken on Project Specific Basis\u00a0"},"content":{"rendered":"\n<p><em>Case of Gagan Tandon vs ILFS Financial Services Limited, NCLAT Delhi Judgement Dated 7<sup>th<\/sup>\u00a0January 2026.<\/em>\u00a0The appellate tribunal held that Corporate Insolvency Resolution Proceeding (CIRP) should be restricted to specific project. Accordingly, held that project wise resolution of the Corporate Debtor needs to be proceeded with as required by law.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/17YiD-LPhUzcM--3DRzqvpVd9uJZOUoYP\/view?usp=sharing\"><em>(Link: NCLAT Delhi Judgement Dated 07\/01\/2026)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Case of Gagan Tandon vs ILFS Financial Services Limited, NCLAT Delhi Judgement Dated 7th\u00a0January 2026.\u00a0The appellate tribunal held that Corporate [&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-4927","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 07\/01\/2026 - Insolvency Resolution to be undertaken on Project Specific Basis\u00a0 - Bhatia Bhola &amp; 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