WORKMAN OF GAURIBIDAN SAHAKARA SAKKARE KARKHANE LIMITED Vs. GAURI INDUSTRIES
LAWS(SC)-1987-5-24
SUPREME COURT OF INDIA
Decided on May 05,1987

WORKMAN OF GAURIBIDAN SAHAKARA SAKKARE KARKHANE Appellant
VERSUS
GAURF INDUSTRIES Respondents

JUDGEMENT

- (1.) ORDER
(2.) .The sale of the factory by the liquidator will be conducted only with express stipulation included in the sale notification that the sale of the factory is as a going concern and the purchaser will have to employ all the erstwhile ' workmen. The sale proceeds in the first instance shall be utilised for payment of the compensation amount due to the workmen under S. 25 of the Act and for disbursal of arrears of wage if any due to them. . The matter is adjourned till after Summer Vacations.;


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