TRADE UNION AS OPERATIONAL CREDITOR UNDER INSOLVENCY AND BANKRUPTCY CODE: CASE COMMENT ON JK JUTE MILL MAZDOOR MORCHA V. JUGGILAL KAMLAPAT JUTE MILLS

FACTS In a nutshell, Appellant ( Mill Mazdoor Morcha) issued a demand notice on behalf of roughly 3000 workers under Section 8 of the Code for outstanding dues of the workmen. The said demand notice was replied by the Respondent on 31.03.2017. Subsequently, NCLT vide its judgment dated 28.04.2017 held that a trade union cannot…