https://www.taxtmi.com/caselaws?id=105211 For liquidation claims under sections 529, 529A and 530 of the Companies Act, 1956, "workmen" was taken to mean employees within section 2(s) of the Industrial Disputes Act, subject to exclusion of managerial, administrative, supervisory and specified officer categories. Workmen's dues were treated as including wages for illegal closure, ad hoc interim relief, retrenchment compensation and gratuity; accrued holiday remuneration was confined to the pre-closure period. Bonus and notice pay were excluded because the Companies Act adopted the narrower wages concept under the Industrial Disputes Act. The relevant date for computing dues was the first appointment of the provisional liquidator, or failing that, the winding-up order, and post-date interest was not admissible as priority. en-us Wed, 12 May 1999 00:00:00 +0530 Fri, 02 Mar 2012 18:51:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105211 For liquidation claims under sections 529, 529A and 530 of the Companies Act, 1956, "workmen" was taken to mean employees within section 2(s) of the Industrial Disputes Act, subject to exclusion of managerial, administrative, supervisory and specified officer categories. Workmen's dues were treated as including wages for illegal closure, ad hoc interim relief, retrenchment compensation and gratuity; accrued holiday remuneration was confined to the pre-closure period. Bonus and notice pay were excluded because the Companies Act adopted the narrower wages concept under the Industrial Disputes Act. The relevant date for computing dues was the first appointment of the provisional liquidator, or failing that, the winding-up order, and post-date interest was not admissible as priority. Case-Laws Companies Law Wed, 12 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105211