Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
Company Appeal at Behest of Shareholder not Maintainable: NCLAT
Corporate Law & GovernanceInsolvency & Bankruptcy Code
The NCLAT has ruled that a "company appeal at the behest of a shareholder is not maintainable." The tribunal's decision clarifies a key procedural aspect of company law. The ruling reinforces the principle that a company cannot appeal a decision on behalf of a shareholder. The court's decision is a crucial reminder to all that they must be diligent in their dealings.
