AMITAVA LALA, TARUN CHATTERJEE
DEBABRATA MUKHERJEE – Appellant
Versus
DUNBAR MILLS LTD – Respondent
( 1 ) THIS appeal is arising out of two orders passed by a single Bench of this Court dated 10th January and 17th January, 2000 in CA No. 257 of 1999 connected with BIFR Case No. 77 of 1987.
( 2 ) SOME of the members of a workers' Union of Durban Mills (In liquidation) (herein after referred to as "the Company") made an application for framing a scheme for rehabilitation of the Company before the trial Court. The learned trial Judge considered the matter at length and rejected the application filed by some of the workers of the Company on 10th January, 2000 by holding that the petitioners were quite unable to establish a case to put any force on the proposed scheme for rehabilitation of the Company. It was held by the trial Court that no such rehabilitation scheme could be allowed where there was no surety of funds and no source of funds has been indicated clearly. In the order impugned in this appeal, it was also found by the learned trial Judge that in fact, the alleged financier has not till date come forward either by filing an affidavit or by supporting this application made by some of the workers of the Company. From the order of the learned trial Judge, it also
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.