https://www.taxtmi.com/caselaws?id=291766 Retrenchment under Section 2(oo) and Section 25F of the Industrial Disputes Act, 1947 was construed as applying to discharge of surplus labour in a running or continuing industry, not to termination of all workmen on a real and bona fide closure of business or on takeover of the undertaking. The statutory scheme was treated as proceeding on the basis of an existing industry, so the wide words "for any reason whatsoever" did not extend to a dead industry. Section 25FF was not treated as enlarging the earlier law to cover closure cases. On that construction, retrenchment compensation was not payable on bona fide closure or takeover. en-us Tue, 27 Nov 1956 00:00:00 +0530 Tue, 24 Nov 2020 10:33:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291766 Retrenchment under Section 2(oo) and Section 25F of the Industrial Disputes Act, 1947 was construed as applying to discharge of surplus labour in a running or continuing industry, not to termination of all workmen on a real and bona fide closure of business or on takeover of the undertaking. The statutory scheme was treated as proceeding on the basis of an existing industry, so the wide words "for any reason whatsoever" did not extend to a dead industry. Section 25FF was not treated as enlarging the earlier law to cover closure cases. On that construction, retrenchment compensation was not payable on bona fide closure or takeover. Case-Laws Indian Laws Tue, 27 Nov 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291766