Supreme Court of India
Managing Director, Karnataka Forest Development Corporation Ltd. v. Workmen of Karnatak.a Pulpwood Ltd. and Ors,
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What the Court ordered
For the foregoing reasons, we are of the opinion that impugned judgment cannot be sustained.
Judgment, page 12
From the headnote
Industrial Di::iputes Act, 1947: s.25-0-Subsidiary of Appellant-corporation running at loss- Order of State Government for its closure-Writ petition by workmen of subsidiary-Writ Court directed their absorption in Appellant corporation-Correctness of-Held: Not correct-Workmen were only entitled to receive compensation. Respondents worked in a joint sector company- a subsidiary of Appellant-corporation. The joint sector company was running at c a loss. State Government accorded permission for closure of the company under Section 25-0 of the Industrial Disputes Act, 1947. · Respondents filed
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