Hariprasad Shivshankar Shukla v A.D. Divelkar

Rule established

The closure of an undertaking by an employer is distinct from 'retrenchment' under Section 2(oo) of the Industrial Disputes Act; termination of services consequent upon a bona fide closure of business does not amount to retrenchment, and workmen so terminated are not entitled to retrenchment compensation under Section 25F merely by virtue of that provision, though this position was later altered by statutory amendment.