Labour Law

Sick Industrial Companies (Special Provisions) Act, 1985

— Ss. 3(o) and 15 to 20 — BIFR — Powers of — Held, do not extend to directing payment of wages to the workers of the sick industrial company — Even if it was a subsidiary of a government company no direction can be given to Government to pay the wages, (2006) 5 SCC 319-A

Corporate Laws

Sick Industrial Companies (Special Provisions) Act, 1985

— Ss. 15 to 20 and 22 — Proceedings under the Act — Necessity of expeditious disposal of — In the present case, the proceedings found to be pending for 12 long years — BIFR therefore directed to be careful that such proceedings must not be kept pending for so long and the final decision must be taken within a reasonable time, (2006) 5 SCC 319-B