Sarva Shramik Sanghatana (K.V) Mumbai vs State Of Maharashtra And Others

The Supreme Court held that under Section 25-O of the Industrial Disputes Act, 1947, an application for closure must be decided within 60 days, failing which it is deemed to be allowed. The Court ruled that the respondent-company's withdrawal of its application for closure was valid, as it sought to engage in discussions with the employees before making a final decision. The Court emphasized the importance of good faith negotiations in labor disputes, ultimately upholding the High Court's decision to allow the company's withdrawal of the closure application.