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 Status Established Through Agreement Cannot Be Changed By Sending Termination Notice Against Terms Of Agreement: NCLAT
Insolvency & Bankruptcy CodeOther Legal Matters
The NCLAT held that related party status established through an agreement cannot be changed by sending a termination notice against the terms of the agreement. This decision prevents parties from circumventing related party rules in insolvency. It underscores the importance of contractual obligations and good faith.
