Supreme Court of India
General Manager, Karnataka State Financial Corporation v. General Secretary, Mysore Division Industrial Workers General Union and Ors.
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From the headnote
STATE FINANCIAL CORPORATIONS ACT, 1951, s. 46-8 -Industrial concern closed down - Recovery of dues of workmen as also of State Financial Corporation - Held: Workmen had their rights adjudicated in the year 2005, and court had held that they were entitled to their dues uls. 33- of the Industrial Disputes Act as well as under Payment of Gratuity Act -- Labour Commissioner did not proceed with the proceedings for realizing claims of workmen which he was expected to realize from sale proceeds of assets of company -- Merely because appellant Financial Corporation subsequently sold the properties…
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