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
Mere Denial That Invoices Were Not Received Cannot Override Signed Acknowledgements From Operational Creditor: NCLT Chandigarh
Corporate Law & GovernanceInsolvency & Bankruptcy Code
The NCLT Chandigarh has ruled that a "mere denial that invoices were not received" cannot "override signed acknowledgements from an operational creditor's finance department." The tribunal's decision clarifies a key procedural aspect of the IBC. The ruling reinforces the principle that a person cannot deny a claim if there is a valid document.
