Bombay High Court Dismisses Bank's Challenge to Payment of Wages Award Against Hypothecated Assets. Bank Not an Employer Under Payment of Wages Act, 1936 but Liable as Successor to Employer's Assets Under Section 15(2) for Wages Due.
30 Aug 2005The petitioner, Chief Executive Officer of Sangli Urban Co-op Bank Ltd., challenged a decree of execution for Rs.37,51,800/- passed by the Authority u...




