2020 (2) TMI 1551

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..... .A. from 14.02.2019 till the realisation of outstanding amount is ₹ 4,65,355/-. Petitioner was employed with the CD in-charge of production in the Foundry. While in employment, the OC indulged in the activities deliberately and intentionally, to cause losses suffered by CD with respect to quality and loss of business of several lacs besides loss of repetition in international market which .....

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..... ed under Corporate Debtor (Herein referred to as 'CD') on 01.08.2010 as General Manager-Foundry. The OC was punctual, hardworking and always gave his best since the day of joining. There was not a single incident where CD had directed the OC for want of his performance. 3. The CD started keeping the salary of the OC for the reason best known to CD. This keeping of salary started from a .....

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..... ancial hardship and therefore stopped going to CD Company since end of Sep 2017 and finally tendered his resignation on 22.10.2017. 6. The last salary of the OC was ₹ 67,590 pm. In order to recover the said outstanding amount, OC sent a legal notice through his counsel on 4.10.2017, even after that the CD did not release the said amount. 7. Demand was also sent by OC through his counse .....

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