<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2022 (4) TMI 1257 - KERALA HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=421591</link>
    <description>A pending Minimum Wages Act claim may continue after liquidation under the Insolvency and Bankruptcy Code because section 33(5) bars only fresh proceedings, not proceedings already initiated before liquidation. The Controlling Authority&#039;s adjudication of the pre-liquidation wage claim was therefore valid. However, the resulting liability cannot be enforced outside the insolvency framework: it must be satisfied from liquidation assets in accordance with the statutory priority scheme under section 53. Workmen&#039;s dues receive priority only to the extent recognised by that waterfall, and the claim must be dealt with through the liquidation process.</description>
    <language>en-us</language>
    <pubDate>Fri, 08 Apr 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 28 Apr 2022 08:12:53 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=677358" rel="self" type="application/rss+xml"/>
    <item>
      <title>2022 (4) TMI 1257 - KERALA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=421591</link>
      <description>A pending Minimum Wages Act claim may continue after liquidation under the Insolvency and Bankruptcy Code because section 33(5) bars only fresh proceedings, not proceedings already initiated before liquidation. The Controlling Authority&#039;s adjudication of the pre-liquidation wage claim was therefore valid. However, the resulting liability cannot be enforced outside the insolvency framework: it must be satisfied from liquidation assets in accordance with the statutory priority scheme under section 53. Workmen&#039;s dues receive priority only to the extent recognised by that waterfall, and the claim must be dealt with through the liquidation process.</description>
      <category>Case-Laws</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Fri, 08 Apr 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=421591</guid>
    </item>
  </channel>
</rss>