: SC extends its order asking govt of no coercive action against Cos, employers for nonpayment of full wages #FinanceIndia #StockMarketNEWS SC extends its order asking govt of no coercive action against

@StockMarketNEWS Sun 07 Jun, 2020

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SC extends its order asking govt of no coercive action against Cos, employers for nonpayment of full wages #FinanceIndia #StockMarketNEWS
SC extends its order asking govt of no coercive action against Cos, employers for non-payment of full wages New Delhi, June 4 (KNN) The Supreme Court has asked the government to not take any coercive action against companies and employers for violating Centres March 29 circular for payment of full wages to employees for the lockdown period.

The apex court today extended its earlier order of May 15 till June 12, 2020.

A bench of Justices Ashok Bhushan, S K Kaul and M R Shah reserved the verdict on a batch of petitions filed by various companies challenging the circular of the Ministry of Home Affairs issued on March 29 asking the employers to pay full wages to the employees during the nationwide lockdown due to the coronavirus pandemic.

The proceedings were conducted through video conferencing.

The Supreme Court said there was a concern that workmen should not be left without pay, but there may be a situation where the industry may not have money to pay and hence, the balancing has to be done.

The apex court also asked the parties to file their written submissions in support of their claims.

On May 15 SC had asked the government not to take any coercive action against the companies and employers who are unable to pay full wages to their employees during the nationwide lockdown due to the coronavirus pandemic.

The Centre also filed an affidavit justifying its March 29 direction saying that the employers claiming incapacity in paying salaries must be directed to furnish their audited balance sheets and accounts in the court.