https://www.taxtmi.com/caselaws?id=781312 Leasehold rights under a lease deed can form part of a corporate debtor's insolvency estate where they are transferable property interests and have been brought within the debtor's asset schedule through a valid amalgamation scheme. The Tribunal held that deciding whether an asserted asset belongs to the corporate debtor is an insolvency question within the jurisdiction of the adjudicating authority and appellate tribunal. It further held that only the leasehold interest, not the underlying land owned by the lessor, was included in the liquidation estate, and that the liquidator could take custody and advertise the leasehold asset for sale. The appeal therefore failed and the rejection of the appellant's application was upheld. en-us Tue, 28 Oct 2025 00:00:00 +0530 Fri, 14 Nov 2025 09:42:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781312 Leasehold rights under a lease deed can form part of a corporate debtor's insolvency estate where they are transferable property interests and have been brought within the debtor's asset schedule through a valid amalgamation scheme. The Tribunal held that deciding whether an asserted asset belongs to the corporate debtor is an insolvency question within the jurisdiction of the adjudicating authority and appellate tribunal. It further held that only the leasehold interest, not the underlying land owned by the lessor, was included in the liquidation estate, and that the liquidator could take custody and advertise the leasehold asset for sale. The appeal therefore failed and the rejection of the appellant's application was upheld. Case-Laws IBC Tue, 28 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781312