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…
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Vedanta demerger faces setback as NCLT rejects Talwandi Power’s scheme
Update / Judgement Date
05 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Corporate Law & GovernanceInsolvency & Bankruptcy Code
Vedanta's demerger plan faced a setback as the NCLT rejected Talwandi Power's scheme. This rejection highlights the complexities of corporate restructuring and the importance of regulatory approvals. It underscores the need for thorough due diligence and compliance with legal requirements. This development raises questions about the future of Vedanta's demerger plan and its potential impact on the company's operations and stakeholders.
