Supreme Court · 2023 INSC 295 · Decided 24 March 2023
The Maharashtra State Co-Operative Bank LTD. v. Babulal Lade & ORS.
- Court
- Supreme Court of India
- Citation
- 2023 INSC 295 · [2023] 3 S.C.R. 649
- Case number
- MISCELLANEOUS APPLICATION No. 1308/2020
- Decided
- 24 March 2023
- Bench
- M.R. SHAH, KRISHNA MURARI (2-judge bench)
- Outcome
- Disposed off
Headnote
Service Law: Salary/wages - Payment of - Payment of dues of the employees of the sugar factory in liquidation by the appellant- Bank, out of the sale proceeds from the auctioned property - Appellant Bank deposited 25% of the total amount due, in certain sum with the Industrial Court - Appellant Bank then sought transfer of that amount along with interest to the account of the Collector with the direction to distribute the amount as per the entitlement of each and every employee of the sugar factory after proper
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