- 6886 Views
- 07 Sep 2019
- Kiran Sharma
- IBC, Notifications, NCLT, Case Laws, Companies Act 2013, ESI-PF,
How is an employee defined for the purpose of formal insolvency proceedings? In India, the word “employee” is not defined in the Insolvency and Bankruptcy Code, 2016 (“Code”). However, the term ‘workman’ is defined under the provisions of Section 3(36) of the Code and has the same meaning as assigned to it in the Industrial Disputes Act, 1947[1], that is, ......