Metalyst Forgings Limited through Its Authorised Representative v. Vishal Anandrao Kawthekar
Case brief
What is this about?
IBC clean slate principle; approval of resolution plan under Section 31(1) IBC extinguishes claims outside the plan; Section 32A IBC immunity plea; Section 238 IBC override over Industrial Disputes Act, 1947; Sections 33, 33(2)(b) and 33-A Industrial Disputes Act; reinstatement and back-wages claims after CIRP; moratorium under Section 14 IBC; Electrosteel Steel Limited v. Ispat Carrier Private Limited (SC, Civil Appeal No.2896 of 2024, 21.04.2025); Essar Steel India Ltd. v. Satish Kumar Gupta (2020) 8 SCC 531; Manish Kumar v. Union of India (2021) 5 SCC 1; M/s. Ferro Alloys Corp. Ltd. (Orissa HC, 29.08.2023); Metalyst Forgings Ltd. (erstwhile Ahmednagar Forgings Ltd.); Labour Court-II and Industrial Tribunal, Aurangabad; WP Nos. 11862, 12729, 12730 and 12731 of 2025 decided together.
What did the court decide?
Rule made absolute; Writ Petitions allowed; the impugned order dated 02.07.2025 of the Presiding Officer, Labour Court-II, Aurangabad and the impugned orders dated 21.01.2025 of the Presiding Officer, Industrial Tribunal, Aurangabad quashed and set aside; the pending proceeding stands terminated.