https://www.taxtmi.com/caselaws?id=293042 The Adjudicating Authority dismissed the workers' application to be party to the Company Petition for Resolution Plan consideration, approving the Resolution Plan and addressing workers' grievances regarding provident fund, pension fund, and gratuity fund. The judgment emphasized the exclusion of these funds from the liquidation estate for asset distribution, directing the Resolution Professional to address remaining grievances. Despite ongoing developments, including a pending liquidation application, the workers were granted liberty to raise concerns about dues in the Resolution Plan, subject to limitations and the rights of other employees. en-us Fri, 15 Nov 2019 00:00:00 +0530 Wed, 20 Jan 2021 13:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293042 The Adjudicating Authority dismissed the workers' application to be party to the Company Petition for Resolution Plan consideration, approving the Resolution Plan and addressing workers' grievances regarding provident fund, pension fund, and gratuity fund. The judgment emphasized the exclusion of these funds from the liquidation estate for asset distribution, directing the Resolution Professional to address remaining grievances. Despite ongoing developments, including a pending liquidation application, the workers were granted liberty to raise concerns about dues in the Resolution Plan, subject to limitations and the rights of other employees. Case-Laws Insolvency and Bankruptcy Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293042