Case Law Analysis
|Bombay High Court
Section 238 IBC | Approved Resolution Plan Bars Independent Wage Claims Before Labour Courts : Bombay HC
The Bombay High Court ruled that once a corporate insolvency resolution plan is approved under the Insolvency and Bankruptcy Code (IBC), workers cannot pursue independent wage claims before industrial or labour courts. Their remedies are limited to the provisions of the approved resolution plan, reinforcing the overriding effect of Section 238 IBC over other labour laws.