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
Imposition of Moratorium Prevents Pre-CIRP Tax Dues From Being Recovered During CIRP: NCLT
Insolvency & Bankruptcy Code
The NCLT has ruled that the imposition of a moratorium prevents pre-Corporate Insolvency Resolution Process (CIRP) tax dues from being recovered during the CIRP. This ruling clarifies the scope of the moratorium under the Insolvency and Bankruptcy Code (IBC). It protects companies undergoing insolvency proceedings. The decision promotes the insolvency resolution process.
