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
Non-Obtaining Of NOC From Applicant Does Not Ipso Facto Invalidate Security Documents Executed In Favour Of Respondents: NCLT Mumbai
Insolvency & Bankruptcy Code
NCLT Mumbai held that the non-obtaining of a No Objection Certificate (NOC) from the applicant does not invalidate security documents executed in favor of respondents. The ruling clarifies that the absence of an NOC does not automatically render security documents invalid.
