Ashok Paper Kamgar Union And Ors. vs Dharam Godha And Ors. [Alongwith ...

The Supreme Court addressed a contempt petition under Article 129 concerning the non-compliance of its orders regarding the takeover of Ashok Paper Mills by Nouveau Capital & Finance Ltd. The Court emphasized that the terms of the takeover, including a 90% capital write-down and the payment of Rs. 6 crores in installments, must be adhered to by the respondents. The Court held that failure to comply with these terms constitutes contempt, thereby reinforcing the binding nature of its earlier directives.