‘Receiver Appointed for Sale of Assets Cannot Be Treated as Employer to Operate Partnership Firm’: Bombay High Court
In a significant ruling on the interpretation of Section 25-O of the Industrial Disputes Act, 1947, the Bombay High Court has held that a Court Receiver appointed to sell the assets of a dissolved partnership firm cannot be considered an "employer" for the purpose of seeking closure permission or paying wages. The judgment came in the matter of The Court Receiver, High Court Bombay VERSUS Mumbai Labour Union & Ors.,…
