M/S. Sstella Silks Limited v. Zilla Powerloom and Handloom Workers Union
Case brief
What is this about?
Karnataka High Court (single judge, Anant Ramanath Hegde J., 17.06.2025) disposes of WP No. 38905 of 2016 (L-RES) by Stella Silks/Eastern Silk Industries challenging Labour Court award granting Rs.5 lakh one-time settlement to 29 powerloom and handloom workers with 12% default interest; petition non-surviving because IBC resolution plan approved by NCLT Kolkata (CP(IB)No.588/KB/2020, order dated 31.01.2024) allocates Rs.123.95 lakhs for workmen's dues; liberty reserved to union to challenge resolution plan; copy of plan to be furnished within 30 days; Articles 226/227; no precedents cited.
What did the court decide?
No substantive relief adjudicated; writ petition disposed of in view of the accepted resolution plan, with liberty reserved to the respondent to seek such remedy as available in law, and the petitioner directed to furnish copy of the resolution plan to the respondent within 30 days.