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…
Winding-up Petition filed after Appointment of a liquidator: Delhi HC transfers Petition to NCLT
The Delhi High Court has transferred a "winding up petition" to the NCLT after a liquidator had already been appointed. The court's decision was based on the fact that the NCLT has the primary jurisdiction over such matters under the IBC. The ruling clarifies the jurisdictional matter and ensures that the winding-up process is not derailed by legal challenges in different forums.