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
Unexplained Delay In Filing Second Petition U/S 94 Of IBC After Dismissal Of First Reflects Malafide Conduct Of Litigant: NCLAT
Insolvency & Bankruptcy CodeOther Legal Matters
The NCLAT has ruled that an "unexplained delay in filing a second petition" under "Section 94 of the IBC" after the "dismissal of the first" "reflects the malafide conduct of the litigant." The court's decision, which is a significant victory for the government, was made on the grounds that the company's claim was not supported by evidence. The ruling clarifies that a company can be held responsible for the misdeeds of another person.
