SUNIL KUMAR JAIN vs SUNDARESH BHATT

The Supreme Court dismissed the appeal filed by the workmen of ABG Shipyard Limited against the National Company Law Appellate Tribunal's order, which upheld the Adjudicating Authority's decision not to grant relief regarding salary claims during the Corporate Insolvency Resolution Process (CIRP). The court found that the appellants, being employees of the Corporate Debtor, were not entitled to the relief sought as per the provisions of the Insolvency and Bankruptcy Code. The judgment reinforces the legal framework governing employee claims in insolvency proceedings.