The Supreme Court of India has set aside an award by the Industrial Tribunal that granted a wage increase to employees of VVF Ltd. The Court determined that the High Court, while reviewing the Tribunal’s decision, had overstepped its jurisdiction by disregarding evidence of the company’s financial health.
Key Points:
This case highlights the importance of considering an employer’s financial capacity when adjudicating wage disputes. The Supreme Court has ensured a fair and balanced approach, taking into account both employee well-being and the company’s sustainability.
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