Bata India has reached a final resolution regarding a long-standing industrial dispute involving claims of illegal termination by certain workmen. Dating back to 2010, the matter has now been formally closed following a court-directed settlement. The company has successfully paid an aggregate amount of Rs. 55.50 Lakhs in full and final settlement, leading to the subsequent dismissal of the case by the First Labour Court.
Background of the Dispute
The legal matter originated in 2010 when an industrial dispute was raised by a group of workmen alleging illegal termination. The issue was initially referred to an Industrial Tribunal, which issued an award that was subsequently contested by the company before the Hon’ble Calcutta High Court.
Court-Directed Settlement
To bring the matter to a definitive conclusion, the Hon’ble High Court mandated a one-time compensation of Rs. 1.5 lakh per workman. This payment was structured as a full and final settlement, acting as a substitute for reinstatement and back wages. Following the company’s full compliance with this directive, the First Labour Court, West Bengal at Kolkata, issued an order for the formal dismissal of the proceedings.
Financial Impact
The company has confirmed that it has satisfied all obligations related to this litigation. The total financial impact of this settlement amounted to Rs. 55.50 Lakhs. This payment marks the final resolution of the dispute, ensuring that no further liabilities remain regarding these specific claims.
Source: BSE