In wage revision it is essential to consider financial capacity of employer: SC

VVF Ltd. Employees Union Vs. VVF India Limited & Anr. (Supreme Court of India)

Supreme Court addressed a dispute involving wage revisions for workers employed by VVF India Limited at two Mumbai units, raised by the VVF Ltd. Employees Union. Initially, a Tribunal partly granted the union’s demands, including increases in allowances and benefits, but rejected key requests like pay scale revisions. Dissatisfied, both the union and employer escalated the matter to the Bombay High Court, which reexamined the Tribunal’s findings and modified the award, prompting the employer

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