Supreme Court of India

Sunil Kumar Jain and Others v. Sundaresh Bhatt and Others

Neutral citation
Bench M. R. Shah and Aniruddha Bose JJ.
Decided 19 April 2022

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

From the headnote

Insolvency and Bankruptcy Code, 2016 – ss.5(13), 36(4), 53(1)(b) & (c) – Claim of the appellants-workmen/employees of Corporate Debtor, working at Dahej Yard and Mumbai, relating to wages/salary for the period involving Corporate Insolvency Resolution Process (CIRP) and the amount due and payable to the respective workmen/employees towards Pension Fund, Gratuity Fund and Provident Fund – Held: On a fair reading of s.5(13) of the IB code which defines “insolvency resolution process costs”, the dues towards the wages/salaries of only those workmen/employees who actually worked during the CIRP…

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