Court : Karnataka
Reported in : 2003(3)KarLJ300
..... under the state bank of india act, essentially under article 227 of the constitution of india being aggrieved by the orders passed by the commissioner of payments functioning under the sick textile undertakings (nationalisation) act, 1974 (hereinafter referred to as 'the act', for short) and the orders passed by the court of city civil judge, bangalore, functioning as an appellate authority within the meaning ..... country, the central government had assumed management of as many as 57 such textile undertakings under the provisions of the industries (development and regulation) act, 1951 and the management of another 46 textile undertakings was taken over by the central government under the sick textile undertakings (taking over of management) act, 1972. subsequently under the sick textile undertakings (nationalisation) ordinance, 1974, these mills were acquired by the central government under the .....
Tag this Judgment!Court : Karnataka
Reported in : ILR2002KAR4633
..... under the state bank of india act, essentially under article 227 of the constitution of india being aggrieved by the order passed by the commissioner of payments functioning under the sick textiles undertakings (nationalisation) act, 1974 (hereinafter referred to as 'the act' for short) and the orders passed by the court of city civil judge, bangalore, functioning as an appellate authority within the meaning ..... country, the central government had assumed management of as many as 57 such textile undertakings under the provisions of the industries (development and regulation) act, 1951 and the management of another 46 textile undertakings was taken over by the central government under the sick textiles undertakings (takingover of management) act, 1972. subsequently under the sick textile undertakings (nationalisation) ordinance, 1974, these mills were acquired by the central government under the provisions .....
Tag this Judgment!Court : Supreme Court of India
..... to have come into force with effect from the 24th october, 2014. amendments to the sick textile undertakings (nationalisation) act, 1974 chapter ii xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx chapter iii amendments to the textile undertakings (nationalisation) act, 1995 5. on and from the date of commencement of the textile undertakings (nationalisation) act, 1995 (hereafter in this chapter referred to as the principal act), in section ..... (2013) 8 scc3376 (1923) vol. l (ia) 324 31 an act further to amend the sick textile undertakings (nationalisation) act, 1974 and the textile undertakings (nationalisation) act, 1995, in order to continue with the lease hold rights vested in the national textile corporation on completion of the lease hold tenure. whereas the national textile corporation subserves the interests of the general public and the land continue to be in .....
Tag this Judgment!Court : Supreme Court of India
..... to have come into force with effect from the 24th october, 2014. amendments to the sick textile undertakings (nationalisation) act, 1974 chapter ii xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx chapter iii amendments to the textile undertakings (nationalisation) act, 1995 5. on and from the date of commencement of the textile undertakings (nationalisation) act, 1995 (hereafter in this chapter referred to as the principal act), in section ..... (2013) 8 scc3376 (1923) vol. l (ia) 324 31 an act further to amend the sick textile undertakings (nationalisation) act, 1974 and the textile undertakings (nationalisation) act, 1995, in order to continue with the lease hold rights vested in the national textile corporation on completion of the lease hold tenure. whereas the national textile corporation subserves the interests of the general public and the land continue to be in .....
Tag this Judgment!Court : Supreme Court of India
..... to have come into force with effect from the 24th october, 2014. amendments to the sick textile undertakings (nationalisation) act, 1974 chapter ii xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx chapter iii amendments to the textile undertakings (nationalisation) act, 1995 5. on and from the date of commencement of the textile undertakings (nationalisation) act, 1995 (hereafter in this chapter referred to as the principal act), in section ..... (2013) 8 scc3376 (1923) vol. l (ia) 324 31 an act further to amend the sick textile undertakings (nationalisation) act, 1974 and the textile undertakings (nationalisation) act, 1995, in order to continue with the lease hold rights vested in the national textile corporation on completion of the lease hold tenure. whereas the national textile corporation subserves the interests of the general public and the land continue to be in .....
Tag this Judgment!Court : Chennai
Reported in : [2000]243ITR487(Mad)
..... providing for the relevant levy, are only recoverable to the extent, and in the manner provided for so far as the company owning' sick textile undertakings is concerned in the sick textile undertakings (nationalisation) act.13. in the order made by the income-tax officer, there is also a significant failure to state that any attempt had ..... provision made in the act for the payment of compensation to that company is wholly untenable in law.12. the sick textile undertakings (nationalisation) act is also a special enactment in so far as sick textile undertakings are concerned. to the extent provision is made therein for the revenue arrears of the central government, the same will ..... by the income-tax officer is based on a misconception of the scope of his power and a complete failure to understand the provisions of the sick textile undertakings (nationalisation) act.17. the questions referred to us are, therefore, answered in favour of the assessee and against the revenue. the assessee shall be .....
Tag this Judgment!Court : Chennai
Reported in : [2000]109TAXMAN300(Mad)
..... providing for the relevant levy, are only recoverable to the extent and in the manner provided for so far as the company owning sick textile undertakings are concerned under the sick textile undertakings (nationalisation) act.12. in the order made by the income tax officer, there is also a significant failure to state that any attempt ..... provision made in the act for the payment of compensation to that company is wholly untenable in law.11. the sick textile undertakings (nationalisation) act is also a special enactment insofar as the sick textile undertakings are concerned. to the extent, the provision is made therein for the revenue arrears of the central government, the ..... by the income tax officer is based on a misconception of the scope of his powers, and a complete failure to understand the provisions of the sick textile undertakings (nationalisation) act.16. the questions referred to us are, therefore, answered in favour of the assessee, and against the revenue, the assessee shall be .....
Tag this Judgment!Court : Supreme Court of India
Reported in : AIR1996SC710; JT1995(9)SC186; (1996)ILLJ787SC; 1995(6)SCALE609; (1996)1SCC313; [1995]Supp5SCR641; 1996(1)LC456(SC)
..... and wages and other amounts due to the employee in relation to the pre-take over management period. these provisions are similar to those contained in section 21 of the sick textile undertakings (nationalisation) act, 1974. in m. asghar v. union of india : (1987)illj440sc , the said provisions giving lower priority to the amounts due to the employees in relation to the pre-take ..... the payment of gratuity act.11. that the liabilities in respect of the period prior to the taking over of the management of the textile undertaking are not taken over by the ntc is also borne out by the textile undertakings (nationalisation) ordinance, no. 6 of 1995 promulgated by the president on june 27, 1995. the said ordinance provides for the acquisition and transfer of .....
Tag this Judgment!Court : Mumbai
Reported in : AIR1976Bom28; (1975)77BOMLR352
..... over by the central government under the industries (development and regulation) act. 1951. on 21st september, 1974, an ordinance called the sick textile undertakings (nationalisation) ordinance , 1974 was promulgated where under with effect from the appointed day i.e. 1st april 1974 the sick textile undertaking of the petitioner -company became vested in the central government and immediately it further stood transferred and vested in the national ..... the first place, he had contended that under section 3 and 4 of the sick textile undertakings (nationalisation) act 1974 being act no. 57 of 1974 on and from the appointed day viz. 1st april 1974 the sick textile undertaking of the original petitioner-company, which has been included in the list of sick textile undertaking in the first schedule, has stood transferred to and vested absolutely in the central .....
Tag this Judgment!Court : Delhi
Reported in : 62(1996)DLT278
..... three lakhs thirty two thousand one hundred eighty six and paise forty four only).'(23) the first defendant had taken the plea that in view of the sick textile undertakings (nationalisation) act, 1974, the plaintiff can make the claim only before the commissioner of payments. sections 20, 21 and 23 and the second schedule are as ..... from the disbursements made by the commissioner. (4) the commissioner shall, after such investigation as may, in his opinion be necessary and after giving the sick textile undertaking an opportunity of refuting the claim and after giving the claimants a reasonable opportunity of being heard, in writing, admit or reject the claim in whole ..... follows:- '20.claims to be made to the commissioner.-every person having a claim against the owner of a sick textile undertaking shall prefer such claim before the commissioner within thirty days from the specified date; provided that if the commissioner is satisfied that the claimant was prevented .....
Tag this Judgment!