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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Moratorium U/S 14 Of IBC Doesn't Exempt Promoter From Complying With Mandatory Pre-Deposit Required U/S 43(5) Of RERA: Delhi High Court
Insolvency & Bankruptcy CodeRERA & Property Act
The Delhi High Court ruled that a moratorium under Section 14 of the IBC doesn’t exempt promoters from the mandatory pre-deposit required under Section 43(5) of the RERA Act. The judgment clarified that the moratorium does not override obligations under RERA.
