NCLAT Rules Gratuity and Leave Encashment Not Part of CIRP Costs
The National Company Law Appellate Tribunal (NCLAT) dismissed an appeal by a former employee of Duncans Industries seeking priority payment of gratuity and leave encashment dues as insolvency resolution process (IRP) costs. Upholding the earlier National Company Law Tribunal (NCLT) order, the tribunal clarified that such dues are terminal benefits and must be settled according to the company's approved resolution plan, not as IRP costs under Section 53 of the Insolvency and Bankruptcy Code.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 51/100.
Outlets measured: economictimes, news18. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
news18 broke this story on 20 Jul, 03:33 pm. Other outlets followed.
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