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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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High Court of Bombay Considers Appeals Against Company Law Board Order Directing Buyout of Majority Stake in Wind Energy Company. The majority shareholder challenged the finding of oppression and the forced sale of shares to minority shareholders under sections 397, 402 and 403 of the Companies Act, 1956.

The proceedings arose from disputes between the shareholders of Enercon (India) Limited, now known as Wind World (India) Limited, a company engaged in...

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Bombay High Court Examines Maintainability of Individual Workmen's Complaints for Permanency Under MRTU & PULP Act, 1971. Industrial Court Dismissed Complaints Holding Recognised Union Had Exclusive Right to File Such Complaints, and High Court Finds Need for Factual Adjudication on Merits.

The writ petitions arose from a common judgment of the Industrial Court, Pune, dated 13-3-1996, which dismissed 63 workmen's complaints seeking perman...

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Karnataka High Court Adjudicates Writ Petition Challenging Transfer Order of Workman for Alleged Violation of Certified Standing Orders. Petition Raises Question Whether Inter-Unit Transfer is Permissible Under Standing Order Clause 7 and Industrial Employment (Standing Orders) Act, 1946.

The petitioners, a Junior Section Officer employee (first petitioner) and a registered Trade Union (second petitioner), challenged an inter-unit trans...

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Supreme Court Considers Appeal Against High Court's Modification of Industrial Tribunal Award in Termination Case. Temporary Tube-well Operator's Services Terminated by Fisheries Department Under Industrial Disputes Act.

The appeal arose from a judgment of the High Court of Judicature at Allahabad dated 18.07.2006 in Civil Misc. Writ Petition No. 2588 of 1998, which up...

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Bombay High Court Dismisses Petition of Sanitation Worker Challenging Industrial Court Order in Unfair Labour Practice Case. Model Standing Orders under Industrial Employment (Standing Orders) Act, 1946 held inapplicable to municipal hospital as it is not an industrial establishment.

The petitioner, a sanitation worker at Talera Hospital, Chinchwad, filed a complaint under Items 5, 6 and 9 of Schedule IV of the Maharashtra Recognit...

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Bombay High Court Dismisses Petition Challenging Retirement Age Reduction by National Textile Corporation. Division Bench precedent upholding rollback from 60 to 58 years held binding.

The petitioners, three employees of India United Mills prior to its nationalization under the Sick Textile Undertakings (Nationalization) Act, 1974, c...