Search Results for "liquidation"

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Supreme Court Allows Transfer of Deposited Funds for Employee Dues in Sugar Factory Liquidation Case. Court Directs Collector to Disburse Wages/Salaries to Employees/Legal Heirs After Verification, with Interest, by Specified Date, and Return Balance to Bank.

The Supreme Court addressed miscellaneous applications arising from a civil appeal concerning the distribution of employees' dues in the liquidation o...

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Supreme Court Allows Appeals in Resolution Plan Approval Case, Overturning High Court's Dismissal. High Court Erred in Not Exercising Inherent Powers Under Section 151 CPC to Approve Plan Beneficial to Small Debenture Holders, Leading Supreme Court to Use Article 142 Powers for Approval.

The Supreme Court of India heard appeals challenging the Bombay High Court's order dated 16 December 2022, which dismissed an interim application file...