Supreme Court of India
M/s Writers and Publishers Pvt. Ltd. v. Dr. Ak Mishra, Official Liquidator
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What the Court ordered
In view of the above discussion, we have come to the conclusion that the plea of WPL to receive payments at the present stage would confer on it a preference and priority which would be in the teeth of the statutory provisions contained in the Multi-State Co-operative Societies Act 2002 and the EPF Act.
Judgment, page 31
From the headnote
Multi-State Co-operative Societies Act, 2002: ss.89 and 90 – Winding up of Super Bazar – Notice by Official Liquidator u/s. 25F of Industrial Disputes Act, 1947 terminating services of regular employees – SLP before Supreme Court challenging winding up order – Scheme for revival of Super Bazaar – The petitioner in its bid for revival envisaged investment of Rs. 504 crores – Petitioner’s bid accepted – SLP disposed of in above terms keeping the order of winding up suspended – During period under petitioner’s management summons issued u/s. 7A of Employees’ Provident Fund and Miscellaneous…
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