Corporate Law | ESI Dues Held in Trust Cannot Face IBC Haircut: NCLAT Chennai
NCLAT Chennai holds ESI trust contributions excluded under IBC Section 36(4)(a)(i); sets aside resolution plan's 1% ESIC payout. The post ESI Dues Held in Trust Cannot Face IBC Haircut: NCLAT Chennai appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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