Court : Andhra Pradesh
Reported in : 2008(2)ALT611
..... (amendment) act 2004. section 2 of the act deals with definitions and section 2(b) defines 'asset reconstruction' as:unless the context otherwise requires 'asset reconstruction' means acquisition by any securitisation company or reconstruction company of any right or interest of any bank or financial institution in any financial assistance for the purpose of realization of such financial assistance.section 2(c) defines ..... section 13 of the act because under rule 7(4) of the rules aforesaid, the sale of secured assets by a securitisation company or reconstruction company can be done only if the sale is conducted through a public auction. neither the acquisition of the asset by the arcil nor its disposal by arcil is by public auction in the present case. therefore, the .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2005(6)ALD582; 2005(6)ALT364
..... in balco employees' union (regd.) v. union of india (supra), the decision of the government of india to disinvest in m/s. bharat aluminium company limited and the decision of the core group to disinvest government shareholding in favour of m/s. sterlite industries for rs. 551.5 crores was impeached by ..... adarand constructors-1). in this case, the united states department of transportation through its central federal lands highway division awarded contract to mountain gravel and construction company. the contract provided that if the prime contractor hires sub-contractors certified as small businesses controlled by 'socially and economically disadvantaged individuals', they would receive ..... the scope of judicial scrutiny even with regard to matters relating to subjective satisfaction are governed by the principles stated in barium chemicals ltd. v. company law board. likewise, periodic examination of a backward class could lead to its exclusion if it ceases to be socially backward or if it is .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2000(6)ALD217; 2000(6)ALT1
..... question that price fixation is ordinarily a legislative activity. price-fixation may occasionally assume an administrative or quasi-judicial character when it relates to acquisition or requisition of goods or property from individuals and it becomes necessary to fix the price separately in relation to such individuals. such situations ..... was granted without prejudice to the exercise of commission's power in regard to the issue of licences to the newly formed subsidiary companies. all new companies were permitted to make applications for licences within two months.50. the learned counsel for therespondents have taken the same stand which is ..... first controlled and regulated under the electricity act, 1910 thereinafter called as 'the electricity act'). the electricity act was comprehensive and provided for generating companies, the licensing of suppliers of electricity, the rights and obligations of licensees, the rights and obligations of the consumers, the safety and technical requirements .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2000(2)ALD652; 2000(2)ALT655
..... followed the above dicta and indicated that the scope of judicial scrutiny with regard to matters relating to subjective satisfaction are governed by principles stated in barium chemicals ltd v. company law board, : [1967]1scr898 .98. in view of the judgment of the supreme court in indra sawhney first case (supra) as well as indra sawhney second case (supra), i have .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : AIR1987AP53
Jeevan Reddy, J.1. Ever since 1963 when the Supreme Court rendered the decision in what has come to be popularly known as 'Balaji's Case' : AIR1963SC649 which is referred to as locus Classicus of learning on Backward Classes, volumes have been written on the question of reservation in educational institutions and services in favour of Backward Classes. High learning has flown into the views expressed by the Supreme Court in a number of judgments rendered subsequently on the subject. Even so, the problems arising in this regard still defy solution. It is unfortunate that developments over a quarter of a century have not given a quietus to this problem. It is well to refer to the following observations of Venkataramiah J., in K. C. Vasanthkumar v. State of Karnataka : AIR1985SC1495 'The questions involved in these cases are delicate ones and have, therefore, to be tackled with great caution. The issues raised here and the decision rendered on them are bound to have a great impact on soci...
Tag this Judgment!Court : Andhra Pradesh
..... illustrative of the orders impugned in these writ petitions. the petitioner in w.p. no.8006 of 2009, m/s. larsen and toubro ltd, is a company registered under the companies act with its registered office at mumbai. it has various branches, among others, at hyderabad also. it is engaged in the execution of engineering, procurement and ..... g. khosla and co. (p) ltd. v. deputy commissioner of commercial taxes, madras division, madras [air 1966 sc 1216 = (1966) 17 stc 473] and english electric company india v. dct [air 1977 sc 1977], are distinguishable; the judgment in indure [supra], was rendered on the peculiar facts and circumstances of the case, the supreme court did ..... . in the state of bihar v. tata engineering and locomotive co. ltd. [(1970) 3 scc 697], the supreme court held that the dealers of the respondent-company were required, under the contract, to remove the trucks, purchased by them, from the state of bihar to places outside bihar; they would have committed breach of their .....
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