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    <title>2003 (1) TMI 730 - BOMBAY HIGH COURT</title>
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    <description>Winding-up order operated as notice of discharge under company law, terminating employment on 13 January 1977; the statutory stay during authorised management commenced from the date management/control began (11 March 1977) and does not retroactively negate the termination. Applying the municipal provision limiting corporate liability to the period from taking over of management, the Corporation&#039;s gratuity liability is confined to service rendered on or after the date of taking over; accordingly the award for gratuity covering the pre-takeover period was quashed and the petition allowed in favour of the petitioner.</description>
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    <pubDate>Tue, 07 Jan 2003 00:00:00 +0530</pubDate>
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      <title>2003 (1) TMI 730 - BOMBAY HIGH COURT</title>
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      <description>Winding-up order operated as notice of discharge under company law, terminating employment on 13 January 1977; the statutory stay during authorised management commenced from the date management/control began (11 March 1977) and does not retroactively negate the termination. Applying the municipal provision limiting corporate liability to the period from taking over of management, the Corporation&#039;s gratuity liability is confined to service rendered on or after the date of taking over; accordingly the award for gratuity covering the pre-takeover period was quashed and the petition allowed in favour of the petitioner.</description>
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      <pubDate>Tue, 07 Jan 2003 00:00:00 +0530</pubDate>
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