Court : Supreme Court of India
Decided on : Apr-30-2019
..... companies (acquisition and transfer of undertakings) act, 1980 [ acquisition act ]., which requires schemes that have been framed under the said act to be laid before each house of parliament for a total period of thirty days, in which, parliament is then given the power to make any modification therein. given the difference in language between the provisions, namely, section 45 of the banking regulation 42 act and section 9 of the acquisition act ..... anr. v. k. shyam kumar and ors., (2010) 6 scc614 which, according to them, renders the judgment in mohinder singh gill (supra) inapplicable where larger public interest is involved. in this ..... authority falling within the expression other authorities is, by reason of its inclusion within the definition of state in article 12, subject to the same constitutional limitations as the government and is ..... serious allegations of mass copying. the principle laid down in mohinder singh gill case [(1978) 1 scc405 is not applicable where larger public interest is involved and in such ..... persons, therefore, are purely speculative investors who do not need to be compensated under section 396 of the act. also, the economic value of shares, if at all it is to be taken into account ..... hindustan lever employees union v. hindustan lever ltd. and ors., 1995 supp (1) scc499 sahai, j., in a concurring judgment, referred to public interest in section 394 of the companies act as follows: 5. what requires, however, a thoughtful consideration is whether the company .....
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