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
NCLT Allows Liquidation of Reliance Capital ltd, Appoints Liquidator
Insolvency & Bankruptcy CodeWinding Up & Liquidation
The NCLT has allowed the liquidation of Reliance Capital Ltd. and has appointed a liquidator. The tribunal's decision, which follows a petition from the RBI, is a significant step towards a more transparent and less intrusive regulatory environment. The move is a significant step towards a more digitized and efficient tax system.
