P.S. Venkataraman And Anr. Vs M/s. Titanium Tantalum Products Limited

National Company Law Tribunal Chennai Bench 20 Apr 2021 Miscellaneous Application No. 761 Of 2019 In TCP/413/IB Of 2017 (2021) 04 NCLT CK 0025
Bench: Division Bench
Result Published
Acts Referenced

Judgement Snapshot

Case Number

Miscellaneous Application No. 761 Of 2019 In TCP/413/IB Of 2017

Hon'ble Bench

R. Varadharajan, J; Anil Kumar B, Member (Technical)

Advocates

Abdul Rahman, Nathan, K. Moorthy

Final Decision

Disposed Of

Acts Referred
  • Insolvency And Bankruptcy Code, 2016 - Section 42, 52, 60(5)

Judgement Text

Translate:

Employees drawing Gross pay,Percentage of pay

Less than Rs.50,000/-",100%

Rs.50,000/- to Rs.1,00,000/-",75%

Above Rs.1,00,000/-",50% or 40%

Name: P.S. Venkataramanan,

MONTH,"AMOUNT DUE

(Rs.)

January 2018,"59,790

February 2018,"59,970

March 2018,"34,750

Total,"1,54,330

Leave encashment dues as on

June 2018","24,922

Amount deducted for mediclaim

policy Aprilâ€" June 2018","1,875

Grand Total,"1,81,127

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