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
Information To The NeSL/Information Utility Is Not Mandatory For Ascertainment Of Default: NCLT Mumbai
Insolvency & Bankruptcy CodeOther Legal Matters
NCLT Mumbai has ruled that information to NESL Information Utility is not mandatory for ascertainment of default. This decision clarifies the evidentiary requirements for proving default under the IBC. The tribunal's ruling emphasizes the importance of considering all evidence. This judgment provides clarity on IBC procedures. The ruling underscores the need for legal compliance.
