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…
DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount...
The DRAT has "dismissed an appeal against Federal Bank" due to the "failure in pre-depositing the total amount." This is a significant setback for the company and highlights the challenging business environment it faces. The move is a significant step towards a more user-friendly and less intrusive business environment, is aimed at promoting business growth while being sensitive to the practical difficulties faced by businesses. This is a crucial reminder to all businesses that they must be diligent in their dealings.