Tag: waterfall mechanism

Moser Baer Karamchari Union Thr. President Mahesh Chand Sharma v. Union of India and Ors.

May 12, 2023

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by

aarnalawadmin

in Bankruptcy and insolvency, Blogs, Corporate law

In Moser Baer Karamchari Union Thr. President Mahesh Chand Sharma v. Union of India and Ors., the Supreme Court of India has upheld the Companies Act 2013 provision that overrides payment of workers’ dues during Liquidation process under the Insolvency and Bankruptcy Code, 2016.