Supreme Court · 1960 INSC 17 · Decided 3 February 1960
Petlad Turkey Red Dye Works LTD. v. Dyes & Chemical Workers Union, Petlad & ANR.
- Court
- Supreme Court of India
- Citation
- 1960 INSC 17 · [1960] 2 S.C.R. 906
- Case number
- CIVIL APPEAL No. 258/1958
- Decided
- 3 February 1960
- Bench
- P.B. GAJENDRAGADKAR, K. SUBBA RAO, K.C. DAS GUPTA (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
906 SUPREME COURT REPORTS [1960 (2)) PETLAD TURKEY RED DYE WORKS LTD. v. DYES & CHEMICAL WORKERS' UNION, PETLAD & AK:R. (P. B. GAJENDRAGADKAR, K. SUBBA RAO AND K.C. DAS GUPTA, JJ.) Working capital-Reserve fund utilised as such-Return, if atty available-Balance sheet, if proof of reserve sum of money standing in the deprecia­ tion fund and alleged to have been used as working capital. If this claim was alJowed and the amount claimed deducted as a prior charge, the employees would not be entitled to any bonus as there would be no surplus. The Industrial Tribunal was of opinion
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)