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Judgment Search Results Home > Cases Phrase: tea companies acquisition and transfer of sick tea units act 1985 chapter i preliminary Sorted by: old Court: supreme court of india Page 1 of about 69 results (0.283 seconds)

Apr 24 1973 (SC)

Kesavananda Bharati Sripadagalvaru and ors.Vs. State of Kerala and anr ...

Court : Supreme Court of India

Reported in : AIR1973SC1461; (1973)4SCC225; [1973]SuppSCR1

..... bank nationalisation case [1970] 3 s.c.r. 530 in which a bench of 11 judges held by a majority of 10 to 1 that the banking companies (acquisition and transfer of undertakings) act, 1969 violated the guarantee of compensation under article 31(2) in that, it provided for giving certain amounts determined according to principles ..... by this court in rustom cavasjee cooper v. union of india [1970] 3 s.c.r. 530 where it was held by ten judges that the banking companies (acquisition and transfer of undertakings) act violated the guarantee of compensation under article 31(2) in that it provided for giving certain amounts determined according to principles which ..... that the citizen's right to property has now been transferred into the state's right to confiscation, that acquisition under the land acquisition act and under other similar laws can be for the benefit of even limitied companies in the private sector, and that religious freedoms guaranteed by articles 25 to 30 can be virtually stifled by .....

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Jul 11 1985 (SC)

Union of India and anr. Vs. Tulsiram Patel and ors.

Court : Supreme Court of India

Reported in : AIR1985SC1416; (1985)87BOMLR563; (1985)3CompLJ45(SC); [1985(51)FLR362]; (1985)IILLJ206SC; 1985(2)SCALE133; (1985)3SCC398; [1985]Supp2SCR131; 1985(2)SLJ145(SC)

..... economic and political), freedom (not only of thought, expression, belief, faith and worship, but also of association, movement, vocation or occupation as well as of acquisition and possession of reasonable property), of equality (of status and of opportunity, which imply absence of unreasonable or unfair discrimination between individuals, groups and classes), and of ..... followed by another inquiry thereafter. such is not the requirement of the principles of natural justice. law may or may not prescribe such a course.in associated cement companies ltd. v. t.c. shrivastava and ors. : (1984)iillj105sc : 369, this court held that 'neither under the ordinary law of the land nor ..... president of the said board of commissioners, to remove or dismiss any person holding any office, employment or commission, civil or military, under the said company in india, and to vacate any appointment or commission of any person to any such office or employment.' section 75 provided that nothing contained in that .....

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Dec 19 1985 (SC)

Life Insurance Corporation of India Vs. Escorts Ltd. and ors.

Court : Supreme Court of India

Reported in : AIR1986SC1370; [1986]59CompCas548(SC); (1986)1CompLJ91(SC); 1986(8)ECC189; 1985(2)SCALE1289; (1986)1SCC264; [1985]Supp3SCR909

..... reserve bank to detect the several illegalities committed and to prevent the circumvention of the one per cent limit imposed by the scheme for acquisition of shares by any single non-resident individual or company.46. to none of these letters did the reserve bank of india deign a reply or even the courtesy of an acknowledgement. though ..... bank of india, were clearly indicative of the imperative nature of the need for previous permission. it was submitted that whatever argument was possible in regard to the acquisition of shares it was clear that no activity of the nature mentioned in section 29(1)(a) could be commenced without the previous permission of the reserve bank. ..... the principal object of section 29 is to regulate and not altogether to ban the carrying on in india of the activity contemplated by clause (a) and the acquisition of an undertaking or shares in india of the character mentioned in clause (b). the ultimate object is to attract and regulate the flow of foreign exchange into .....

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Mar 14 1986 (SC)

Umaji Keshao Meshram and ors. Vs. Radhikabai, Widow of Anandrao Banapu ...

Court : Supreme Court of India

Reported in : AIR1986SC1272; (1986)88BOMLR432; 1986(1)SCALE681; 1986Supp(1)SCC401; [1986]1SCR731; 1986(2)LC319(SC)

..... in council the whole civil and military government of the presidency of bengal as also the government of the territorial acquisitions and revenues in bengal, bihar and orissa which were dewany lands. by the east india company act, 1780, the governor-general in council was empowered to frame regulations for the 'provincial courts and councils ..... or rather exacted, the dewany of bengal, bihar and orissa from the titular mogul emperor shah alam in delhi. in this delegated capacity, the east india company derived its title to administer the revenue and civil affairs of these provinces, and for this purpose it established in bengal, bihar and orissa, civil and revenue ..... justice fostered by the common law in england.38. governor aungier also established an inferior court of justice consisting of a civil officer of the london company assisted by indian officers with jurisdiction to try all . disputes under 200 xeraphins. appeals from the decision of the inferior court lay to the superior court .....

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Apr 06 1986 (SC)

Central Inland Water Transport Corporation Limited and anr. Vs. Brojo ...

Court : Supreme Court of India

Reported in : AIR1986SC1571; (1986)3CompLJ1(SC); 1986LabIC1312; (1986)IILLJ171SC; 1986(1)SCALE799; (1986)3SCC156; [1986]2SCR278; 1986(2)SLJ320(SC)

..... the central sector is estimated at rs. 10.40 crores. bulk of the allocation was for the scheme of central inland water transport corporation (ciwtc) for acquisition of vessels, development of rajabagan dockyard, creation of infrastructural facilities etc.the annual report 1984-85 of the government of india, ministry of shipping and transport, ..... act, the right, title, interest and liabilities of the said company which had become vested in the central government, instead of continuing so to vest in ..... 54. the right, title and interest of the burmah shell oil storage and distributing company of india limited in relation to its undertakings in india were transferred to and vested in the central government under section 3 of the burmah shell (acquisition of undertakings in india) act, 1976. thereafter, under section 7 of the said .....

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Apr 09 1986 (SC)

Chaitanya Kumar and ors. Vs. State of Karnataka and ors.

Court : Supreme Court of India

Reported in : AIR1986SC825; 1986(1)SCALE1099; (1986)2SCC594; [1986]2SCR409; 1986(2)LC371(SC)

..... commissioner. so, in his note to the excise minister he stated : there is hardly any data on record either regarding the credit worthiness of the individuals/firms companies recommended by the excise commissioner or their capabilities to undertake a job of the magnitude and the proportions in question. no information is also forthcoming on the infrastructural facilities ..... , it does not explain why then the ten other applications of sarangadharan were rejected, nor does it explain why the application of the mysore sugar company (a public sector undertaking) was rejected on the ground that it was connected with the liquor trade despite the fact that this ..... company, like sarangadharan, had voluntarily bottled the arrack supplied or sold by it in previous years. to add to it, the mysore sugar company was also a public sector undertaking. 7. we gather from the counter affidavit filed on behalf .....

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Jan 29 1993 (SC)

Maharashtra Tubes Ltd. Vs. State Industrial and Investment Corporation ...

Court : Supreme Court of India

Reported in : (1993)2CompLJ346(SC); JT1993(1)SC310; 1993(1)SCALE223; (1993)2SCC144; [1993]1SCR340

..... the 1985 act. thereupon, the first respondent wrote a letter to the appellate authority for permission to take possession of the assets of the company. the company challenged this action before the high court of bombay by a writ petition which came to be dismissed on 6th october, 1992. the controversy before ..... . on the other hand the 1985 act was enacted, as its preamble manifests, with a view to timely detection of sick or potentially sick companies owning industrial undertakings, the identification of the nature of sickness through experts in relevant fields with a view to devising suitable remedial measures through appropriate ..... modifications therein if the exigencies of administration so require. where the scheme relates to preventive, ameliorative, remedial or other measures with respect to any sick industrial company, the scheme may provide for financial assistance by way of loans, advances, guarantees, reliefs, concessions or sacrifices from the central government, a state government .....

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Dec 07 1993 (FN)

Bfp Vs. Resolution Trust Corporation

Court : US Supreme Court

..... first deed of trust in favor of imperial savings association (imperial) 1 to secure payment of a loan of $356,250 made to the pedersens in connection with petitioner's acquisition of the home. petitioner granted a second deed of trust to the foremans as security for a $200,000 promissory note. subsequently, imperial, whose loan was not being serviced, entered ..... ] adjust[ments to] the balance of state and national authority,'" ante, at 544, notwithstanding, the court's submission with respect to "displacement" consists solely of the fact that some private companies in durrett jurisdictions have required purchasers of title insurance to accept policies with "specially crafted exceptions from coverage in many policies issued for properties purchased at foreclosure sales." ante, at .....

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Mar 11 1994 (SC)

S.R. Bommai and Others Etc. Etc. Vs. Union of India and Others Etc. Et ...

Court : Supreme Court of India

Reported in : AIR1994SC1918; JT1994(2)SC215; 1994(2)SCALE37; (1994)3SCC1; [1994]2SCR644

..... formation of the government in uttar pradesh in june, 1991. the government declared itself committed to the construction of the temple and took certain steps like the acquisition of land adjoining the disputed structure, demolition of certain other structure, including temples standing on the acquired land, and digging and levelling of a part of ..... 353. the test for adjudging the validity of an administrative action and the grounds of its invalidity indicated in the barium chemicals ltd. and anr. v. the company law board and ors. [1966] supp. scr 311, and other cases of that category have no application for testing and invalidating a proclamation issued under article ..... weighed with the president for the exercise of power under the said provision. the test laid down by this court in the barium chemicals ltd. v. the company law board and ors. [1966] supp. scr 311 and subsequent decisions for adjudging the validity of administrative action can have no application for testing the satisfaction .....

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Jun 20 1994 (SC)

Corporation Bank Vs. D.S. Gowda and anr.

Court : Supreme Court of India

Reported in : II(1994)BC613(SC); [1994]81CompCas842(SC); JT1994(7)SC87; 1994(3)SCALE46; (1994)5SCC213; [1994]Supp1SCR170

..... defendant is entitled to? the division bench thereafter examined the provisions of the reserve bank of india act, 1934, the banking regulation act, 1949 and the banking companies (acquisition and transfer of undertakings) act, 1970 as amended from time to time and noticed the various directives/circulars issued by the reserve bank in exercise of power conferred ..... the weaker sections at simple interest of 4% per annum under the dir scheme and the balance has to be utilised in other sectors. thus the cost of acquisition to funds by banks average at 12% per annum and if the high court judgment is upheld the bank will earn 0.5% only. the learned counsel ..... regard to the rate of interest to be charged on advances/financial accommodation. the newly added section 21a restricts the court from reopening a transaction between a banking company and its debtors on the ground that the rate of interest charged is excessive, the usurious loans act or any other similar state act, notwithstanding. if any .....

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