This Company Appeal (AT) (Insolvency) No. 1572 of 2024 was filed by Era Labourer Union of Sidcul, Pant Nagar, challenging the order dated 02.04.2024 passed by the Adjudicating Authority (National Company Law Tribunal), Court-V, New Delhi, which disposed of IA No. 2545 of 2021. The appeal arises from a dispute regarding the closure of a factory owned by Apex Buildsys Limited and the subsequent claims of the appellant's members for wages and bonus.
Apex Buildsys Limited had a factory in Pant Nagar, Uttarakhand, which closed production in February 2017. A transfer letter dated 2017-06-20 was issued to workmen transferring them to Nagpur Plant w.e.f. 2017-07-01. A lockout was declared on 2017-07-31 under the Uttar Pradesh Industrial Disputes Act, 1947. The Appellant filed a W.P. in the High Court of Uttarakhand at Nainital, which was disposed of on 2017-10-05. The Secretary, Labour Department issued a letter dated 2018-02-02. ICICI Bank Limited filed an application under Section 7, and CIRP commenced against the Corporate Debtor on 2018-08-20. The Appellant filed a Writ Petition challenging the order. Both Writ Petitions were disposed of by the High Court on 2019-04-27. The Appellant filed a claim in Form E on
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Production of factory…
Corporate Debtor issued a transfer letter to…
This Company Appeal (AT) (Insolvency) No. 1572 of 2024 was filed by Era Labourer Union of Sidcul, Pant Nagar, challenging the order dated 02.04.2024 passed by the Adjudicating Authority (National Company Law Tribunal), Court-V, New Delhi, which disposed of IA No. 2545 of 2021. The appeal arises from a dispute regarding the closure of a factory owned by Apex Buildsys Limited and the subsequent claims of the appellant's members for wages and bonus.
Apex Buildsys Limited had a factory in Pant Nagar, Uttarakhand, which closed production in February 2017. A transfer letter dated 2017-06-20 was issued to workmen transferring them to Nagpur Plant w.e.f. 2017-07-01. A lockout was declared on 2017-07-31 under the Uttar Pradesh Industrial Disputes Act, 1947. The Appellant filed a W.P. in the High Court of Uttarakhand at Nainital, which was disposed of on 2017-10-05. The Secretary, Labour Department issued a letter dated 2018-02-02. ICICI Bank Limited filed an application under Section 7, and CIRP commenced against the Corporate Debtor on 2018-08-20. The Appellant filed a Writ Petition challenging the order. Both Writ Petitions were disposed of by the High Court on 2019-04-27. The Appellant filed a claim in Form E on
…Production of factory…
Corporate Debtor issued a transfer letter to…