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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Pine Labs Gets Final NCLT Nod For Reverse Flipping To India
Corporate Law & GovernanceStart-Up & DPIIT
Pine Labs has received the final nod from the NCLT (National Company Law Tribunal) for its reverse flipping to India. This corporate restructuring involves the company shifting its domicile back to India from an overseas jurisdiction. The NCLT's approval marks the culmination of the legal process for this move, which is often undertaken for strategic and regulatory reasons, including easier access to domestic capital markets.
