Court : Orissa
Decided on : Oct-30-1968
Reported in : AIR1969Ori91
ORDERB.K. Patra, J.1. This is a petition under Section 17 of the Indian Companies Act (Act I of 1956) filed on behalf of M/s. Straw Products Limited (hereinafter called the Company) having its registered office at Jayhaypur, Rayagada in the district of Koraput for confirmation of the alterations in the Memorandum of Association of the Company.2. The petitioner-Company was register, ed on the 6th August, 1938 under the provisions of the Companies Act, 1913 as a Company Limited by shares. It is engaged in the manufacture of writing and printing paper and straw board etc. The authorised capital of the Company is Rs. 5,00,00,000 divided into 2,00,000 7% Cumulative Redeemable Preference Shares of Rs. 100 each and 30,00,000 ordinary shares of Rs. 10 each. The objects for which the Company was formed are set out in Clause 3 of its Memorandum of Association annexed to the petition as Annexure 'A'. The principal objects in brief are as under :--(1) To erect, purchase or take on lease or otherwi...
Tag this Judgment!Court : Orissa
Decided on : Jul-17-1968
Reported in : AIR1969Ori37; 34(1968)CLT1026; (1969)IILLJ308Ori
Barman, C.J.1. In this writ petition. Sri Somanath Misra, a member of the Indian Administrative Service, challenges the order of the Government of India purporting to prematurely retire him from service in the public interest on the expiry of three months from the date of service of notice on him. The provision under which the Government purported to have passed the said order of retirement is Rule 16(3) of the All India Services (Death-cum-Retirement Benefit) Rules. 1958 made by the Central Government under Section 3(1) of the All India Services Act, 1951 after consultation with the Governments of the States.2. Rule 18(3) under which the said order of retirement was passed is this:'16(3). The Central Government, to consultation with the State Government may require a member of the Service who has completed 30 years of qualifying service or who has attained the age of 55 years to retire in the public interest provided that at least three months' previous notice in writing will be given...
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