Niyam v2 is live — start for just ₹100 — 200 credits to try

may 2006

Supreme Court of India · 2006-05-24

RADHESHYAM AJITSARIA vs BENGAL CHATKAL MAZDOOR UNION .

Citation / case number
SC 2004/6229
Court
Supreme Court of India
Petitioner
RADHESHYAM AJITSARIA
Respondent
BENGAL CHATKAL MAZDOOR UNION .
Author
R.V. RAVEENDRAN AR. LAKSHMANAN
Bench
R.V. RAVEENDRAN DR. AR. LAKSHMANAN

Judgment text excerpt

The Supreme Court upheld the Calcutta High Court's decision that the members of the Nemani Group were not entitled to payments as their claims had not been adjudicated, referencing the Companies Act, 1956. The Court emphasized that the claims of unsecured creditors, including the petitioners, had previously been adjudicated, and thus the Division Bench's ruling to set aside the earlier order was justified. The appeals by the Bengal Chatkal Mazdoor Union and Baranagore Jute Factory were also addressed, highlighting the need for consideration of workers' claims in the liquidation process.

RADHESHYAM AJITSARIA vs BENGAL CHATKAL MAZDOOR UNION . · Niyam