This writ petition has been filed by Voltas Limited-Allwyn Unit, represented by its Chief Executive, seeking a writ of certiorari calling for the records from the Additional Industrial Tribunal-cum-Additional Labour Court, Hyderabad relating to the Award passed in I.D.No.48 of 1996 dated 30.6.1998 and quash the same.

2. Background facts, in a nutshell, leading to filing of this writ petition by the Voltas Limited, are:-

The petitioner is a company incorporated under the Companies Act, 1913, as a company limited by shares. M/s. Hyderabad Allwyn Limited had become sick and its accumulated losses had exceeded Rs.180 crores as on 31.3.1993. The matter was referred to the Board for Industrial and Financial Reconstruction (“BIFR”) under the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985. The `BIFR’ at its meeting held in January 1993 declared M/s.Hyderabad Allwyn Ltd., as a sick industry and appointed IDBI as an operating agency to prepare a rehabilitation scheme. The Government of Andhra Pradesh, vide G.O.Rt.No.384, dated 31.3.1993 agreed to amalgamate Hyderabad Allwyn Limited with Voltas Limited, taking due cognizance that Voltas Limited would ret