Bhartiya Mazdoor Sangh Vs State of U.P (Supreme Court of India)
Supreme Court held that post repeal of SICA and non-invocation of IBC, Gannon Dunkerley & Co. Ltd. (GDCL) didn’t possess ownership rights to sell assets of Jaipur Udyog Ltd (JUL). Further, Court directed to verify and make payment of long-standing dues of workers of JUL.
Facts- A writ petition was filed in this Court praying for a writ of mandamus or order or direction to the Respondents to forthwith pay the wages and dues of the workmen of the M/s Jaipur Udyog Ltd. and its units including M/s Kanpur Jute Udyog; for a writ of mandamus or order or direction to the Respondents to forthwith implement the Award dated 05.12.2008 passed by Justice N.N. Mathur (Retd.) in favour of the workmen; for a writ of mandamus or order or direction to declare the date on which the Company was declared sick under SICA as the cut-off date for the purpose of implementation of award passed by Justice N.N. Mathur (Retd.) and for a writ of mandamus or order or direction to BIFR to sell the properties of the Company and recover the dues payable to the workmen and disburse the same to the workmen.
