This is a contempt application filed by employees and workmen of Incab Industries Limited, claiming unpaid dues. The applicants sought directions for the release of their outstanding salaries, interim finance, and verification of their claims as creditors. The Corporate Insolvency Resolution Process (CIRP) was initiated against Incab Industries Limited on August 17, 2019, and a Resolution Professional (RP) was appointed. The applicants claimed that they were still employed during the CIRP period and entitled to their wages as CIRP costs.
Eleven applicants, claiming to be employees and workmen of Incab Industries Limited, filed a contempt application seeking the release of outstanding salaries and interim finance. CIRP was initiated against Incab Industries Limited on August 17, 2019. The applicants claimed they were engaged in various activities, including accounting, secretarial work, computer data processing, and administration. They sought verification of their claims as creditors and payment of outstanding dues, including Employees Provident Fund and Employees State Insurance dues. The applicants contended that they were still employed during the CIRP period and entitled to their wages as CIRP costs. The Resolution Professional (RP) denied their engagement during the CIRP period. The applicants
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CIRP was initiated in respect of the…
Applicants claimed…
This is a contempt application filed by employees and workmen of Incab Industries Limited, claiming unpaid dues. The applicants sought directions for the release of their outstanding salaries, interim finance, and verification of their claims as creditors. The Corporate Insolvency Resolution Process (CIRP) was initiated against Incab Industries Limited on August 17, 2019, and a Resolution Professional (RP) was appointed. The applicants claimed that they were still employed during the CIRP period and entitled to their wages as CIRP costs.
Eleven applicants, claiming to be employees and workmen of Incab Industries Limited, filed a contempt application seeking the release of outstanding salaries and interim finance. CIRP was initiated against Incab Industries Limited on August 17, 2019. The applicants claimed they were engaged in various activities, including accounting, secretarial work, computer data processing, and administration. They sought verification of their claims as creditors and payment of outstanding dues, including Employees Provident Fund and Employees State Insurance dues. The applicants contended that they were still employed during the CIRP period and entitled to their wages as CIRP costs. The Resolution Professional (RP) denied their engagement during the CIRP period. The applicants
…CIRP was initiated in respect of the…
Applicants claimed…