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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No Violation of Section 14(1)(d) IBC in Auction of Subsidiary's Assets Under SARFAESI Act: NCLAT Principal Bench
Corporate Law & GovernanceInsolvency & Bankruptcy Code
The National Company Law Appellate Tribunal (NCLAT) ruled that the auction of a subsidiary's assets under the SARFAESI Act does not violate Section 14(1)(d) of the Insolvency and Bankruptcy Code (IBC).
