dear all,
There is dispute between labour and factory owner. They went to settle that dispute in the court. The owner wants to close down the factory and the dues of the labour had not been paid by the owner. The Court had decided to sale the scraps and the land through auction sale but the factory is too big and costly as well. So, 5 yrs have passed but that is not sold till yet. So, is there any case law or circular in which if the factory is not sold in one part then can it be sold partiallly means, can we sold scrap and land seperately?
Thanks in advance
CAclubindia
