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
Related Party Can't Assign Debt To Bypass Disqualification From Participating In CoC: NCLAT
Insolvency & Bankruptcy CodeOther Legal Matters
The NCLAT ruled that a related party cannot assign debt to bypass disqualification from participating in the Committee of Creditors (CoC). This decision prevents manipulation of the insolvency process. It ensures fairness and protects the interests of genuine creditors.
