In Brief
Kelvin Jute Co. Ltd. appealed against a High Court order requiring it to pay provident fund dues to employees. The company had merged into Trend Vyapaar Ltd. in 2001 under a Board for Industrial and Financial Reconstruction (BIFR) scheme. The Supreme Court declined to interfere, finding the High Court's decision well-reasoned and based on undisputed facts. The Court noted that while the merged entity could approach it later if the Trust could not meet payment obligations, the appeal was dismissed. A three-month grace period was granted for compliance given the case's decade-long pendency."
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