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
Expressions Of Interest Submitted After CIRP Due Date Cannot Be Considered: NCLT Mumbai
Insolvency & Bankruptcy Code
The NCLT Mumbai clarified that late submissions of Expressions of Interest (EOI) in corporate insolvency resolution processes are invalid under Regulation 36A of the CIRP regulations. This decision underscores the importance of meeting deadlines in insolvency cases, preventing any delay tactics or undue advantages in the resolution process.
