Minimum Wages Act, 1948
22E. Protection against attachment of assets of employer with government
Any amount deposited with the appropriate
government by an employer to secure the due performance of a contract with that
government and any other amount due to such employer from that government in
respect of such contract shall not be liable to attachment under any decree or
order of any court in respect of any debt or liability incurred by the employer
other than any debt or liability incurred by the employer towards any employee
employed in connection with the contract aforesaid.