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    <title>2018 (7) TMI 2362 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The gratuity trust fund was stated not to have been treated as part of the corporate debtor&#039;s assets or used for distribution to creditors in liquidation. The tribunal noted that the alleged shortfall in the gratuity fund, the responsibility for making it good, and the authority competent to secure payment to eligible employees could not be finally determined in the appeal or company petition. Any contrary observation in the impugned order was treated as non-binding, and the employees were left free to approach the appropriate authority or court of competent jurisdiction.</description>
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      <description>The gratuity trust fund was stated not to have been treated as part of the corporate debtor&#039;s assets or used for distribution to creditors in liquidation. The tribunal noted that the alleged shortfall in the gratuity fund, the responsibility for making it good, and the authority competent to secure payment to eligible employees could not be finally determined in the appeal or company petition. Any contrary observation in the impugned order was treated as non-binding, and the employees were left free to approach the appropriate authority or court of competent jurisdiction.</description>
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