Supreme Court of India · 1962-03-01
MANAGEMENT OF THE D.C.M. CHEMICAL WORKS vs THEIR WORKMEN
- Citation / case number
- SC 1962/59
- Court
- Supreme Court of India
- Petitioner
- MANAGEMENT OF THE D.C.M. CHEMICAL WORKS
- Respondent
- THEIR WORKMEN
Judgment text excerpt
The Supreme Court held that the D.C.M. Chemical Works was an independent unit and not integrated with the overall company for wage structure purposes, as established by the Industrial Tribunal's findings on separate accounting and management. The Court emphasized the necessity of considering the financial condition of the unit when fixing fair wages, distinguishing between minimum and fair wages. It was also clarified that gratuity and provident fund schemes could coexist if financially viable, but the current financial instability of the chemical works did not support an incremental wage increase.