Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
NCLAT affirmed the Resolution Professional's calculation of worker's salary claim at Rs.185,62,360/- for layoff period. The tribunal determined that the Resolution Professional correctly admitted the claim without challenging its quantum. The Adjudicating Authority explicitly noted that determining workers' entitlements under Industrial Dispute Act falls outside its jurisdictional scope. Consequently, no procedural errors were found in the original order, and the appeal was summarily dismissed, upholding the initial claim calculation and maintaining the Resolution Professional's original determination.
NCLAT affirmed the Resolution Professional's calculation of worker's salary claim at Rs.185,62,360/- for layoff period. The tribunal determined that the Resolution Professional correctly admitted the claim without challenging its quantum. The Adjudicating Authority explicitly noted that determining workers' entitlements under Industrial Dispute Act falls outside its jurisdictional scope. Consequently, no procedural errors were found in the original order, and the appeal was summarily dismissed, upholding the initial claim calculation and maintaining the Resolution Professional's original determination.
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