Pre-existing Employment Disputes Not Adjudicable Under IBC: NCLAT

Akhilesh Kulshrestha Vs SAAB India Technologies Private Limited (NCLAT Delhi) The National Company Law Appellate Tribunal (NCLAT) in Delhi, in the case of Akhilesh Kulshrestha Vs SAAB India Technologies Private Limited, has reiterated that pre-existing disputes arising from employment contracts, particularly concerning emoluments and salaries, cannot be resolved under the Insolvency and Bankruptcy Code (IBC), 2016. The NCLAT held that such matters are contractual in nature and fall outside the purview of the National Company Law Tribunal (NCLT) and NCLAT. In the matter above-mentioned NCLAT h...