ISSUE:
Whether the erstwhile workmen were entitled to claim compensation under clause (b) of Section 25F of the Industrial Dispute Act, 1947?
Whether the workmen had been retrenched within the meaning of the expression 'retrenchment' in the Industrial Dispute Act of 1947?
RULE:
Retrenchment refers to the discharge of surplus labor in a continuing business and does not include termination due to a bona fide closure or transfer of ownership.