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 : Supreme Court of India
Reported in : AIR1983SC75; [1983]53CompCas184(SC); (1983)1CompLJ1(SC); (1983)ILLJ45SC; (1983)IIMLJ1(SC); 1982(2)SCALE1144; (1983)1SCC228; [1983]1SCR922
..... , as conspiracies as they once did. the right to work, the right to collectively bargain and the right to strike are well recognised. after nationalisation of certain important and crucial industries by the successive labour governments, workers' participation in management has become a reality and today a considerable measure of ..... clearly states that the state shall take steps by suitable legislation or in any other way to secure the participation of workers in the management of undertakings, establishments or other organisation engaged in any industry. the high-powered expert committee on companies and monopolies & restrictive trade practices acts headed by ..... or support it.27. petitions for special. leave to appeal (civil) nos. 10248 and 10249 of 1981 filed respectively by the coimbatore district national textile employees' union and the coimbatore district engineering workers' union directly against the order of the company judge dated september 19, 1981 rejecting their applications for .....
Tag this Judgment!Court : Mumbai
Reported in : 2005(6)BomCR574; (2005)107BOMLR337; (2006)4CompLJ117(Bom)
..... different variety of clothes and yarn so as to subserve the interest of general public. thereafter in the year 1995 the parliament passed the textile undertaking nationalisation act, 1995 wherein it is mentioned in its preamble that the investment of a very large sums of money is necessary for the ..... obligation and tried to improve these state of affairs by resorting to measures such as nationalisation and rehabilitation and revival of the mills without recourse to nationalisation. two enactments viz., sick textile mills (nationalisation) act of 1974 and 1995. the sick industrial companies (special provisions) act, 1985 provide for fulfilling such constitutional obligation. in ..... principle is to remove poverty and unemployment and at the same time make cloth available for vast millions of citizens of this country. therefore, sick textile mills are taken over and rehabilitated and managed thereafter in the light of and in accordance with other provisions of the said act.'280. unfortunately .....
Tag this Judgment!Court : Supreme Court of India
Reported in : (2004)187CTR(SC)219; [2004]266ITR721(SC); JT2004(1)SC375; 2004(1)SCALE425; (2004)10SCC201
..... this court and some high courts in a series of decisions.the matter may be considered from another angle. under the coking coalmines (nationalisation) act, 1972 and coal mines (nationalisation) act,1973, as noticed hereinbefore, all coking coal mines mentioned in theschedule appended to the 1972 act and all coal mines vested ..... advisory council and development councils, chapter iii deals with the regulation of scheduled industries, chapter iiia provides for the direct management or control of industrial undertakings by central government in certain cases, and chapter iiib is concerned with the topic of control of supply, distribution, price, etc. of certain articles ..... with thesame.(a) coal mattersa division bench of the calcutta high court has, vide its judgment dated25.11.92 reported as kesoram industries ltd. (textiles division) v. coalindia ltd.., struck down certain levies by way of cess on coal asunconstitutional for want of legislative competence in the statelegislature. feeling .....
Tag this Judgment!Court : Supreme Court of India
..... several decisions of this court including the decisions in p. vajravelu mudaliar v. special deputy collector, madras & anr. (1965) 1 scr 614; rustom cavasjee cooper (banks nationalisation) v. union of india (1970) 1 scc 248; deputy commissioner and collector, kamrup & ors. v. durga nath sharma (1968) 1 scr 561 and reliance energy ..... property for public purpose cannot say that no compensation shall be paid . however, there could be a law awarding nil compensation in cases where the state undertakes to discharge the liabilities charged on the property under acquisition and onus is on the government to establish validity of such law. in the latter case, ..... this court in gram panchayat of village jamalpur v. malwinder singh & others (1985) 3 scc 661; kaiser-i- hind pvt. ltd. & another v. national textile corporation (maharashtra north) ltd. & others (2002) 8 scc 182. 61. shri patil, learned senior counsel appearing for the respondent-state submitted that acquisition act is .....
Tag this Judgment!Court : Mumbai
Reported in : 1991(2)BomCR677; (1994)IIILLJ929Bom
..... ltd. respondent no. 5 herein and the said management continued till the year 1974 when the sick textile undertakings (taking over of management) act, 1972 was replaced by the sick textile undertakings (nationalisation) ordinance, 1974 and thereafter by the sick textile undertakings (nationalisation) act, 1974, hereinafter referred to as 'the act of 1974' for the sake of brevity. by virtue of the said act of 1974 on 1.4.1974 the ..... aforesaid mills being sick textile undertakings and the ownership in relation to the said textile undertaking stood transferred and was vested absolutely in the .....
Tag this Judgment!Court : Mumbai
Reported in : 1988(1)BomCR188; 1987MhLJ955
v.a. mohta, j. 1. the empress mills, nagpur---a textile undertaking has been nationalised by the central india spinning, weaving and manufacturing company limited, the empress mills, nagpur (acquisition and transfer of undertaking) act, 1986, ('the act'). constitutional validity of sections 9(2), 10(2), 12(1) and 26 of the act is questioned ..... any decree or order of any court, tribunal or other authority.''4. basic factual background and chronology of events which necessitated and preceded the nationalisation of the undertaking is :the undertaking has 5 units and a paper division. its machinery (1,10,500 spindles and 2,140 looms) has become out-dated. it ..... above all the object sought to be achieved which can be applied uniformly in every matter. here we are concerned with the subject of nationalisation of an industrial undertaking whose machinery has become completely out dated, whose financial condition was grave which needs rehabilitation to make it economically viable by injecting public .....
Tag this Judgment!Court : Delhi
Reported in : ILR1979Delhi387
..... to its economic policy, its socio-economic objectives, which may also be deprivatory in nature, but is not necessarily condemnatory. if government decides to nationalise an industry or an undertaking as a measure of its economic policy or on account of its political expediency or pursuant to its socio-economic objectives, it does not attract ..... is perhaps the worst case of its kind in which the audi alteram partem rule could possibly have been invoked. the company was one of the 12 sick textile mills in gujarat which had to be closed down in 1966 and 1968. in may 1969, government passed an order appointing a committee for investigation into ..... order investigation and consider the take-over of the management the management also mentioned that it had approached the gujarat state textile corporation and certain financial institutions for financial help to rehabilitate the undertaking and plea was made to the government that the takeover be not resorted to. the correspondence left no doubt that .....
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