The appeal was filed by the appellant employee's union under Section 61(1) of the IBC, challenging the Tribunal's order dated 06.10.2023, which dismissed IA/3780/2021 in IB-937/PB/2018. The IA was related to the layoff notice issued to the workmen of Unitech Machines Ltd. (CD).
The appellant, Unitech Machines Karamchari Sangh, filed an appeal against the order dated 06.10.2023 passed by the Adjudicating Authority (NCLT, New Delhi) in I.A/3780/2021 IN IB-937/PB/2018.
The appellant's IA sought to declare the layoff notice dated 01.02.2020 as illegal and arbitrary.
The Corporate Debtor, Unitech Machines Ltd., underwent insolvency proceedings initiated on 01.03.2019.
The Resolution Professional (RP) issued a layoff notice dated 01.02.2020, citing financial constraints and lack of work in the factory.
The appellant challenged the layoff notice by filing a Writ Petition before the Delhi High Court, which was later withdrawn with the liberty to approach the NCLT.
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CIRP initiated against…
Order dated 01.03.2019 of Ld. Tribunal passed…
The appeal was filed by the appellant employee's union under Section 61(1) of the IBC, challenging the Tribunal's order dated 06.10.2023, which dismissed IA/3780/2021 in IB-937/PB/2018. The IA was related to the layoff notice issued to the workmen of Unitech Machines Ltd. (CD).
The appellant, Unitech Machines Karamchari Sangh, filed an appeal against the order dated 06.10.2023 passed by the Adjudicating Authority (NCLT, New Delhi) in I.A/3780/2021 IN IB-937/PB/2018.
The appellant's IA sought to declare the layoff notice dated 01.02.2020 as illegal and arbitrary.
The Corporate Debtor, Unitech Machines Ltd., underwent insolvency proceedings initiated on 01.03.2019.
The Resolution Professional (RP) issued a layoff notice dated 01.02.2020, citing financial constraints and lack of work in the factory.
The appellant challenged the layoff notice by filing a Writ Petition before the Delhi High Court, which was later withdrawn with the liberty to approach the NCLT.
…CIRP initiated against…
Order dated 01.03.2019 of Ld. Tribunal passed…