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…
Ex-Promoter Of Bhushan Power Moves NCLT To Enforce Supreme Court's Liquidation Order
The ex-promoter of Bhushan Power moved NCLT seeking enforcement of the Supreme Court's liquidation order, testing the implementation mechanisms for high-profile insolvency resolutions. This case highlights the challenges in executing complex liquidation orders involving multiple stakeholders and substantial assets.