Supreme Court of India · 1982-12-10
NATIONAL TEXTILE WORKERS vs P.R. RAMKRISHNAN AND OTHERS.
- Citation / case number
- SC 1982/63827
- Court
- Supreme Court of India
- Petitioner
- NATIONAL TEXTILE WORKERS
- Respondent
- P.R. RAMKRISHNAN AND OTHERS.
- Bench
- BHAGWATI, P.N.,REDDY, O. CHINNAPPA ,VENKATARAMIAH, E.S. ,ISLAM, BAHARUL ,SEN, AMARENDRA NATH
Judgment text excerpt
The Supreme Court held that under Section 433 of the Indian Companies Act, 1956, workers have the right to be heard in winding-up proceedings that may adversely affect their interests. The Court emphasized that employees, being crucial to the company's functioning, must be allowed to intervene and present their case, especially when an interim order could impact their wages. The Court granted special leave to trade unions representing the employees, ensuring that any provisional liquidator's actions do not prejudice the employees' rights.