15 April 2024


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NCLAT, Delhi: Arrears of Salary Accumulated for More Than Three Years Are Not Eligible for CIRP - 13.05.2022

National Company Law Appellate Tribunal, New Delhi has ruled that arrears of salary due beyond a period of three years would be barred by limitation for the purposes of initiating Corporate Insolvency Resolution Process (CIRP).

Tags : National Company Law Appellate Tribunal three years Corporate Insolvency Resolution Process limitation

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