The appellants, who are workmen and employees of M/s ABG Shipyard Limited (Corporate Debtor), challenged an order dated May 31, 2019, passed by the National Company Law Appellate Tribunal (NCLAT), New Delhi. The NCLAT had dismissed their appeal, which sought relief regarding their claims for salary during the Corporate Insolvency Resolution Process (CIRP) and the period prior to it. The NCLAT's decision upheld an earlier order from the National Company Law Tribunal (NCLT), Ahmedabad Bench, Ahmedabad (Adjudicating Authority), dated April 25, 2019, which had not granted them the requested relief.
…The appellants are 272 workmen and employees of M/s ABG Shipyard Limited, the Corporate Debtor, working at its Dahej Yard and Mumbai Head Office. The Corporate Debtor was a private sector shipbuilding yard with manufacturing activities at Dahej and Surat, Gujarat, and a corporate office in Mumbai. Prior to the initiation of the Corporate Insolvency Resolution Process (CIRP), the Corporate Debtor employed 562 workmen and 93 employees at Dahej, 291 workmen and 99 employees at Surat, and 101 employees at its Mumbai Head Office.
…The Adjudicating Authority admitted an…
The first meeting of…
The appellants, who are workmen and employees of M/s ABG Shipyard Limited (Corporate Debtor), challenged an order dated May 31, 2019, passed by the National Company Law Appellate Tribunal (NCLAT), New Delhi. The NCLAT had dismissed their appeal, which sought relief regarding their claims for salary during the Corporate Insolvency Resolution Process (CIRP) and the period prior to it. The NCLAT's decision upheld an earlier order from the National Company Law Tribunal (NCLT), Ahmedabad Bench, Ahmedabad (Adjudicating Authority), dated April 25, 2019, which had not granted them the requested relief.
…The appellants are 272 workmen and employees of M/s ABG Shipyard Limited, the Corporate Debtor, working at its Dahej Yard and Mumbai Head Office. The Corporate Debtor was a private sector shipbuilding yard with manufacturing activities at Dahej and Surat, Gujarat, and a corporate office in Mumbai. Prior to the initiation of the Corporate Insolvency Resolution Process (CIRP), the Corporate Debtor employed 562 workmen and 93 employees at Dahej, 291 workmen and 99 employees at Surat, and 101 employees at its Mumbai Head Office.
…The Adjudicating Authority admitted an…
The first meeting of…