Supreme Court of India · 1989-10-24
WORKERS OF ROHTAS INDUSTRIES LTD. vs ROHTAS INDUSTRIES LTD.
- Citation / case number
- SC 1985/66923
- Court
- Supreme Court of India
- Petitioner
- WORKERS OF ROHTAS INDUSTRIES LTD.
- Respondent
- ROHTAS INDUSTRIES LTD.
- Author
- MISRA RANGNATH
- Bench
- MISRA RANGNATH
Judgment text excerpt
The Supreme Court directed the revival of Rohtas Industries Ltd. under the Sick Industrial Companies (Special Provisions) Act, 1985, specifically citing Sections 4 and 10. The Court emphasized the urgent need to address the outstanding wages and financial jeopardy faced by approximately 10,000 employees due to the company's closure. It appointed a Rehabilitation Administrator and mandated a one-year moratorium on proceedings against the company to facilitate its revival and protect the interests of creditors and employees.