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…
Supreme Court Forms Committee Led By Justice Ravindra Bhat To Address Investor Claims On Sai Group Of Companies
The Supreme Court has formed a committee led by Justice Ravindra Bhat to handle investor claims against the SAI Group of Companies, focusing on resolving disputes through Alternative Dispute Resolution (ADR) mechanisms. This initiative aims to address financial disputes efficiently, potentially impacting Corporate Law & Governance and Investment Banking sectors. The committee's role includes evaluating claims and recommending resolutions, reflecting a proactive approach to corporate compliance and consumer protection. This move underscores the judiciary's commitment to expedite financial litigation under Civil Law, enhancing transparency and accountability in corporate transactions.