ISSUE:
Whether Section 25 M of the Industrial Disputes Act, 1947, as it stood under the Industrial Disputes (Amendment) Act, 1976, is ultra vires and void?
RULE:
The power to grant or refuse permission for retrenchment or lay-off under Section 25-N or Section 25-M of the Industrial Disputes Act, 1947, must be exercised based on an objective consideration of relevant facts.