Judgment Search Results Home > Cases Phrase: sick industrial companies special provisions act 1985 chapter i preliminary Page 2 of about 5,446 results (0.234 seconds)

Hindustan Antibiotics Ltd. Vs. Special Land Acquisition Officer (14) a ...

Court : Mumbai

Reported in : 2005(1)ALLMR289; 2004(6)BomCR60; 2004(4)MhLj908; [2005]59SCL560(Bom)

..... of expert judges. the bill received the assent of the president of india on 8.1.1986 and became the sick industrial companies (special provisions) act, 1985.8. the act therefore was legislated with the sole purpose of securing timely detection of sick and potentially sick companies owing industrial undertakings, the speedy determination by a board of experts to undertake preventive, ameliorative, remedial and other measures in respect ..... acquisition officer (14), pune in respect of lands owned an acquisition by the company, the acquisition by the company itself being done under the land acquisition act, 1894.2. the petitioner-company has been declared as sick industrial unit as per the provisions of the sick industrial companies (special provisions) act, 1985 hereinafter referred to as 'sica' on 31.3.97.3. in may, 1998 collector, pune published in .....

M/S. Century Central Vs. State of Karnataka, Urban Development Departm ...

Court : Karnataka

..... that after the land already acquired and developed by the board, may be allotted to an entrepreneur or a company for setting up an industry or infrastructural facility. therefore, setting up of an industry or an infrastructural facility must be the purpose and object of acquisition of land, in case land has to be ..... that it is enacted for the specific purpose and object of (1) establishment of industrial areas, (2) promotion, establishment and orderly development of industries in such industrial areas and (3) for that purpose, establishment of a board, and make special provisions for purposes connected with these matters. the central purpose and object of the act ..... school's playground and that an order be passed disapproving any plan for construction of any building in the schedule plan, acting on that letter, the special commissioner (planning), bbmp addressed a letter to the deputy commissioner, bangalore district, bangalore, seeking his opinion prior to sanction of the plan to be issued .....

Modern Dies Vs. Symphony Comforts Systems Ltd. and anr.

Court : Delhi

Reported in : I(2006)BC178; (2006)142PLR15

..... o.p. dwivedi, j.1. this is an application under section 22 of the sick industrial companies (special provisions) act, 1985 (for short the 'act') read with section 151, cpc seeking stay of the proceedings in suit bearing no. co 8/1997.2. petitioner modern ..... to securing the timely detection of sick and potentially sick companies owning industrial undertakings, the speedy determination by a ..... the property of the company (emphasis added). proceedings for eviction instituted by a landlord against a tenant who happens to be a sick industrial company, cannot, in our opinion, be regarded as falling in this category. we may, in this context, point out that, as indicated in the preamble, the act has been enacted to make special provisions with a view .....

Feena Petro Products Ltd. Vs. Tamil Nadu Industrial Investment Corpora ...

Court : Chennai

Reported in : [1999]98CompCas205(Mad)

..... proceedings, for which notice has been issued. in these circumstances, the petitioner submitted an application before the third respondent under section 15 of the sick industrial companies (special provisions) act, 1985. the third respondent has received the same. it has also endorsed therein that the reference is complete in all respects. while ..... the recovery or take over proceedings initiated by respondents nos. 1. and 2 against the petitioner herein, in view of the provisions of the sick industrial companies (special provisions) act, 1985, in pursuance of the application filed before the third respondent by the petitioner under section 15 of the act, and pass ..... as it may specify in that behalf. it is in implementation of the scheme wherein various preventive, remedial or other measures are designed for the sick industrial company, steps by way of giving financial assistance, etc., by government, banks or other institutions, are contemplated. in other words, the scheme is implemented .....

Neycer India Limited, Rep. by Its Manager (Finance), T. Mani Vs. the C ...

Court : Chennai

Reported in : [2008]81SCL535(Mad); (2007)7VST574(Mad)

..... short, 'tngst act'). secondly, the embargo placed upon any further proceedings based upon the provisions of the sick industrial companies (special provisions) act, 1985 is not available for the petitioner. section 22 of the sick industrial companies (special provisions) act, 1985 (for short, 'sica') has been interpreted by the apex court in the decision ..... the same and to consequently forbear the first respondent from resorting to any recovery proceedings unless a fresh scheme is sanctioned and implemented under the sick industrial companies (special provisions) act, 1985 by the fourth respondent.2. i have heard mr. r. karthikeyan, learned counsel appearing for the petitioner as well ..... may specify in that behalf. it is in implementation of the scheme wherein various preventive, remedial or other measures are designed for the sick industrial company, steps by way of giving financial assistance etc., by government, banks or other institutions, are contemplated. in other words, the scheme is .....

Aluminium Industries Ltd. Vs. State of Kerala

Court : Kerala

Reported in : III(2005)BC395; [2006]133CompCas530(Ker); 2005(1)KLT889; [2005]62SCL261(Ker); (2008)11VST516(Ker)

..... such dues reckoned or included in the sanctioned scheme for rehabilitation.5. we may incidentally point out that the sick industrial companies (special provisions) act, 1985 has also been repealed by the sick industrial companies (special provisions) repeal act, 2003 (act 1 of 2004) to which assent of the president has already been received ..... contended that the state is not entitled to recover the amount since the appellant company is a sick industrial unit falling within the provisions of the sick industrial companies (special provisions) act, 1985. counsel submitted that the board for industrial and financial reconstruction in exercise of the powers under section 18(4) read with ..... it may specify in that behalf. it is in implementation of the scheme wherein various preventive remedial or other measures, are designed for the sick industrial company, steps by way of giving financial assistance etc. by government, banks or other institutions, are contemplated. in other words, the scheme is .....

M/S Madras Petrochem Ltd. and Anr. Vs. Bifr and Ors.

Court : Supreme Court of India

..... , as has been stated hereinabove, in which it was of the view that section 15(1) proviso 3 of the sick industrial companies (special provisions) act, 1985, when construed to include all proceedings under the sick industrial companies (special provisions) act, 1985, would make the present proceedings under the sick industrial companies (special provisions) act, 1985, abate on the facts of this case. ultimately, in this view of the matter, and differing ..... and ors., reported in air2013madras 229. he also argued that since the recovery of debts due to banks and financial institutions act, 1993 expressly named the sick industrial companies (special provisions) act, 1985 in section 34(2), the sick industrial companies (special provisions) act, 1985 obviously overrode that act. what is significant is that the corresponding section, namely, section 37 of the securitisation and reconstruction of financial assets .....

In Re: Gontermann-piepers (India) Ltd.

Court : Himachal Pradesh

Reported in : [2005]57SCL225(HP)

..... in part on 24-3-2004, 25-3-2004 and 31-3-2004 by the learned company judge. order dated 2-4-2004 of the leaned judge reveals that 1st petitioner-company has made a reference to the board for industrial and financial reconstruction (bifr) under the sick industrial companies (special provisions) act, 1985 (for short 'the sica') and the said reference was subsequently registered. the learned ..... single judge adjourned the matter for 22nd april, 2004 to consider the effect of section 22 of 'the sica' consequent upon the registration of the inquiry against 1st petitioner-company. it appears from the .....

M. Kanagasabapathy Vs. the Special Officer,

Court : Chennai

Reported in : (2008)1MLJ270; 2007(5)CTC392

..... namely, section 34. a similar situation arose in maharashtra tubes ltd. v. state industrial and investment corporation of india : [1993]1scr340 where there was inconsistency between two special laws, the finance corporation act, 1951 and the sick industries companies (special provisions) act, 1985. the latter contained section 32 which gave overriding effect to ..... its provisions and was held to prevail over the former. it was pointed out by ahmadi, j. that both special statutes contained non-obstante ..... the lic act guides where other matters are concerned.... these plural considerations lead me to the conclusion that the id act is a special statute when industrial disputes, awards and settlements are the topic of controversy, as here. there may be other matters where the lic act vis-a .....

Hisar Cement Pvt. Ltd. Vs. State of Haryana and ors.

Court : Punjab and Haryana

Reported in : (2009)20VST883(P& H)

..... against rs. 1,65,33,500 allowed by the eligibility certificate. the petitioner-company has been declared as a sick industrial unit within the meaning of rule 28a(2)(e) of the haryana general sales tax rules, 1975 (for brevity, 'the rules') read with section 3(1)(o) of the sick companies (special provisions) act, 1985 and the haryana financial corporation has been appointed as operating ..... agency to work out revival scheme for the petitioner-company. in these circumstances, the deputy .....