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![Salary incrementation is valid by an Employment Agreement or Board Resolution, No claims sustain under IBC: NCLAT [Read Order] Salary incrementation is valid by an Employment Agreement or Board Resolution, No claims sustain under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Salary-incrementation-employment-agreement-Board-Resolution-IBC-NCLAT-Taxscan.jpg)
Salary incrementation is valid by an Employment Agreement or Board Resolution, No claims sustain under IBC: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) has held that salary incrementation is valid only by an employment...