GDCL not authorised to sell asset of JUL without ownership rights: Directs verification and payment of dues of workers of JUL

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 o...