De Silva v. Samajavadi Lanka Kamkaru Samitiya – sllr 1997 volume 3 page 236

In Liquidator of the River Valleys Development Board v. Hendrick Appuhamy and Another, the central issue pertained to whether upon the dissolution of a public corporation under the Finance Act, the rights and liabilities, including those occasioned by termination of employment, vest in the liquidator and whether a workman is entitled to maintain an application under section 31B(1) of the Industrial Disputes Act against the liquidator, who is not the direct employer. The court held that following dissolution, the liquidator assumes the rights and liabilities of the former corporation and is a proper respondent to employment-related claims under the relevant statutory provisions. The principle reaffirmed is that statutory transfer of rights and liabilities upon dissolution is effective for a