The case involves an application (MA/505/2019) within a corporate insolvency resolution process (CP/64/IB/2018). The applicant, who purchased machinery via e-auction conducted by the liquidator, is being prevented by employees from accessing the machinery for removal. The employees' union has filed a memo stating they will not create hurdles but requests that money not be disbursed until their application is decided.
C S Satyadevi Alamuri (the Applicant) purchased machinery through an e-auction conducted by the Liquidator. Thuvakudi GB Engineering Labour Union (the Employees Union) is preventing the Applicant from accessing the machinery for removal. The Employees Union filed a memo requesting that funds not be disbursed until their application is decided. The Liquidator supports the Applicant's submissions. The Applicant's right to access the machinery is hindered by the actions of the Employees Union, who are concerned about the disbursement of funds.
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Hearing held at 10:30…
The case involves an application (MA/505/2019) within a corporate insolvency resolution process (CP/64/IB/2018). The applicant, who purchased machinery via e-auction conducted by the liquidator, is being prevented by employees from accessing the machinery for removal. The employees' union has filed a memo stating they will not create hurdles but requests that money not be disbursed until their application is decided.
C S Satyadevi Alamuri (the Applicant) purchased machinery through an e-auction conducted by the Liquidator. Thuvakudi GB Engineering Labour Union (the Employees Union) is preventing the Applicant from accessing the machinery for removal. The Employees Union filed a memo requesting that funds not be disbursed until their application is decided. The Liquidator supports the Applicant's submissions. The Applicant's right to access the machinery is hindered by the actions of the Employees Union, who are concerned about the disbursement of funds.
Hearing held at 10:30…