{"id":5963,"date":"2026-05-25T00:03:26","date_gmt":"2026-05-25T00:03:26","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5963"},"modified":"2026-05-25T00:03:27","modified_gmt":"2026-05-25T00:03:27","slug":"ibbi-nclat-delhi-judgement-dated-14-05-2026-subsidiary-company-assets-cannot-form-part-of-parent-company-insolvency","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/05\/25\/ibbi-nclat-delhi-judgement-dated-14-05-2026-subsidiary-company-assets-cannot-form-part-of-parent-company-insolvency\/","title":{"rendered":"IBBI, NCLAT Delhi Judgement Dated 14\/05\/2026 &#8211; Subsidiary Company Assets cannot Form Part of Parent Company Insolvency"},"content":{"rendered":"\n<p>\u00a0<em>Case of State Bank of India vs Venugopal Dhoot, NCLAT Delhi Judgement Dated 14<sup>th<\/sup>\u00a0May 2026.<\/em>\u00a0The appellate tribunal held that assets of subsidiaries cannot form part of the CIRP of the parent corporate debtor. It set aside the NCLT order directing inclusion of foreign oil and gas assets in the CIRP of Videocon Industries Ltd.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1_8qztnqKXwlO5Mw-2jxwxjwWwse5k5tw\/view?usp=sharing\"><em>(Link: NCLAT Delhi Judgement Dated 14\/05\/2026)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Case of State Bank of India vs Venugopal Dhoot, NCLAT Delhi Judgement Dated 14th\u00a0May 2026.\u00a0The appellate tribunal held that assets [&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-5963","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 14\/05\/2026 - Subsidiary Company Assets cannot Form Part of Parent Company Insolvency - Bhatia Bhola &amp; 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