Gratuity Dues of Workers not Part of ‘Liquidation Estate’ of Corporate Debtor: Calcutta HC

The Calcutta High Court ruled that gratuity dues of workers are not part of the liquidation estate of a corporate debtor. This decision highlights the importance of protecting workers' rights during liquidation. It ensures that workers are not unfairly penalized. This ruling underscores the need for clear guidelines on liquidation proceedings. It emphasizes the importance of fair assessments. The High Court's order protects the rights of workers.