In a case, where no fund is created by a company, in violation of the Statutory provision of the Payment of Gratuity Act, 1972, then the Liquidator cannot be directed to make the payment of gratuity to the employees because the Liquidator has no domain to deal with the properties of the Corporate Debtor, which are not part of the liquidation estate- Mr Savan Godiwala vs Mr. Apalla Siva Kumar-NCLAT

In order to access this content you need to login to your account. In case you are not a subscriber, Subscribe here.