Full Judgment Text & Judicial Ruling

Court Name: Labour Appellate Tribunal Judge(s): Agha Ali Hyder Title:R.C.D. BALL BEARING LTD., EMPLOYEES UNION vs R.C.D. BALL BEARING LTD.,

KARACHI Case No.: Application No, KAR-98 of 1992, Date of Judgment:1992-03-19 Reported As: 1992 PLC 1236 Result: Application dismissed Judgment DECISION It appears that the respondent company is undergoing serious losses from 1985 to 1991. There are the reports of the auditors to that effect which had not been seriously challenged by the applicant Union. There is no law to compel a party that lacks finances to keep the industry going. 2. Under the circumstances there is no question of interfering with the order. I will dismiss the application summarily.

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