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
← back
Informative
Restraining Breaching Party From Activities Barred By Shareholders' Agreement Is Not Prohibited U/S 27 Of Contract Act: Delhi High Court
Corporate Law & GovernanceOther Legal Matters
The Delhi High Court has ruled that "restraining a breaching party from activities barred by a shareholders' agreement is not prohibited under Section 27 of the Contract Act." The court’s decision provides a significant clarification on a contentious legal issue. The ruling reinforces that the court can grant an injunction to prevent a party from violating a clear contractual obligation.
