https://www.taxtmi.com/caselaws?id=293040 Employees of a Company sought to participate in the Company Petition and resolution plan due to non-payment issues and concerns about their rights. They requested modifications for job continuity and dues payment. The Tribunal directed the Resolution Professional to address their grievances and ensure their rights are safeguarded. Despite objections from financial institutions, the Resolution Professional increased the consideration for employees' dues. The Tribunal found the Employees' concerns were adequately considered by the Committee of Creditors, ruling the application as not maintainable but directing the Resolution Applicant to address remaining grievances during plan implementation. en-us Fri, 10 May 2019 00:00:00 +0530 Wed, 20 Jan 2021 13:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293040 Employees of a Company sought to participate in the Company Petition and resolution plan due to non-payment issues and concerns about their rights. They requested modifications for job continuity and dues payment. The Tribunal directed the Resolution Professional to address their grievances and ensure their rights are safeguarded. Despite objections from financial institutions, the Resolution Professional increased the consideration for employees' dues. The Tribunal found the Employees' concerns were adequately considered by the Committee of Creditors, ruling the application as not maintainable but directing the Resolution Applicant to address remaining grievances during plan implementation. Case-Laws Insolvency and Bankruptcy Fri, 10 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293040