Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Dismissal of application seeking payment to 103 employees towards salary arrears. Settlement with 103...

Dismissal of application seeking payment to 103 employees towards salary arrears. Settlement with 103 employees examined. No double payment made to employees. Held: Appellant's prayers not liable to be allowed. Respondent's reply affidavit categorically explained payments made with CoC approval. No personal liability on RP for payments made after CIRP with CoC approval. Appellant's apprehension of double payment to 103 employees clarified - they won't receive salary payment under Resolution Plan but entitled to gratuity and provident fund. No ground to interfere with Adjudicating Authority's order. Appeal dismissed. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates