Judgment Search Results Home > Cases Phrase: textile undertakings nationalisation act 1995 chapter 1 preliminary Page 9 of about 3,924 results (0.100 seconds)

Brs Ventures Investments Ltd. Vs. Srei Infrastructure Finance Limited

Court : Supreme Court of India

..... to pay the same.2. subsequently, respondent 3 which had taken over the management of respondent 4 became sick and proceedings were initiated under the sick textile undertakings (nationalisation) act, 1974 (for short the act ). the appellant filed suit for recovery against the guarantors and the principal debtor of the amount claimed by it.3. the following preliminary issue was, ..... may not have been able to recover money from the principal borrower. it may here be added that even as a result of the nationalisation act the liability of the principal borrower does not come to an end. it is only the mode of recovery which is referred to in the said ..... respondent 4's management was taken over by u.p. state textile corporation ltd. (respondent3) under the industries (development and regulation) act, advanced some money to the said respondent 4. in respect of the advance so made, respondents 1, 2 and 3 executed deeds of guarantee undertaking to pay the amount due to the bank as guarantors in .....

Bengal Luxmi Cotton Mill Vs. Collector of Central Excise

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Reported in : (1984)(15)ELT472TriDel

..... stage.6. on the question of liability of the ntc, of which the present appellants are a unit, shri bannerjee referred to the provisions of section 5 of the sick textile undertakings (nationalisation) act, 1974, which run as follows :- "(1) every liability, other than the liability specified in sub-section (2) of the owner of a sick ..... the following arguments :- (a) all the demands were wholly or substantially barred by limitation ; (b) the appellants were one of the textile mills taken over by the central government under the sick textile undertakings (nationalisation) act, 1974, with effect from 1-4-1974; and became a unit of the national textile corporation (west bengal, assam, bihar and orissa) limited which was a subsidiary of the national .....

Lalit Kumar Jain Vs. Union Of India

Court : Supreme Court of India

..... act ). the appellant filed suit for recovery against the guarantors and the principal debtor of the amount claimed by it. the following preliminary issue was, on the pleadings of ..... 3 executed deeds of guarantee undertaking to 69(2002) 5 scc5470(2002) 5 scc8080 pay the amount due to the bank as guarantors in the event of the principal borrower being unable to pay the same. subsequently, respondent 3 which had taken over the management of respondent 4 became sick and proceedings were initiated under the sick textile undertakings (nationalisation) act, 1974 (for short the .....

Torrent Power Limited Vs. Abhisar Developers and Others

Court : Gujarat

..... [m.p.] ltd. v. m.p. electricity board, reported in air 1980 mp, 32, rested on the interpretation of the provisions of sick textile undertakings [nationalization] act and was not relevant and at the same time, the decision of the supreme court in the case of bihar electricity board v. green rubber industries, reported in [1990] 1 ..... recovery from a transferee of the undertaking, it cannot ex facie be said to be unauthorised or unreasonable. of course, still a court may be able to strike it down as being violative of the fundamental rights ..... is not a commercial entity, it is entitled to regulate its tariff in such a way that a reasonable profit is left with it so as to enable it to undertake the activities necessary. if in that process in respect of recovery of dues in respect of a premises to which supply had been made, a condition is inserted for its .....

Janhit Manch and Bhagvanji Raiyani Vs. the State of Maharashtra Throug ...

Court : Mumbai

Reported in : 2007(2)ALLMR110; 2007(1)BomCR329

..... justification offered for the classification/exclusion of slum tdr from the prohibition earlier imposed was that 'this was so as otherwise no one would be willing to undertake sra scheme in the island city.' 2. the fact that infrastructure in mumbai city (i.e. water supply, parks/recreation parks areas, roads, trains ..... was submitted on 20th july, 1995. some dates and events:(i) 24th october 1995 : ordinance was issued amending slum areas (improvement clearance and rehabilitation) act, (slums act) and chapter 1(a) was added. under chapter 1 (a), the government was empowered under section 3(a) to constitute the slum rehabilitation authority ( ..... of the committee were the secretaries of education, housing, law, industries and technical education and mr. d. t. joseph, secretary, urban development department, who acted as the presenting officer of the committee. the committee had approximately 31 sittings between july, 1990 and february, 1991 on the draft development control rules/ regulations. .....

L. Chandra Kumar Vs. Union of India and Others

Court : Supreme Court of India

Reported in : AIR1997SC1125; 1997(1)BLJR735; (1997)1CALLT55(SC); 83(1997)CLT815(SC); 1997(92)ELT318(SC); [1997]228ITR725(SC); JT1997(3)SC589; 1997(1)MPLJ621; 1997(I)OLR(SC)408; 1997(3)SC

..... certain measures with a view to ensuring the functioning of the tribunal along constitutionally-sound principles. pursuant to an undertaking given to this court at the interim stage by the erstwhile attorney general, an amending act (act 19 of 1986) was enacted to bring about the changes prescribed in the aforesaid interim order. 9. when ..... the public confidence in such tribunals may increase and the quality of their performance may improve. we strongly recommend to the law commission of india to undertake such an exercise on priority basis. a copy of this judgment may be forwarded by the registrar of this court to the member secretary of the ..... enjoy an original jurisdiction in respect of testamentary, matrimonial and guardianship matters. original jurisdiction is conferred on the high courts under the representation of the people act, 1951, companies act, 1956, and several other special statutes. the high courts, being courts of record, have the power to punish for its contempt as well as .....

Krishna Kumar Singh and anr. Etc. Etc. Vs. State of Bihar

Court : Supreme Court of India

Reported in : AIR1998SC2288; JT1998(4)SC58; (1998)IIIMLJ100(SC); 1998(3)SCALE482; (1998)5SCC643; [1998]3SCR206

..... end. similarly when an ordinance taking over private schools lapses, the status quo ante revives. it would be startling if for example, an ordinance nationalising private banks or industries lapsed or parliament declined to ratify it, and yet it would continue to operate under the guise of 'permanent effect' ..... government recognised by dissolved bihar sanskrit shiksha parishad, kameshwar singh darbhanga sanskrit university, darbhanga and sanskrit education board constituted under bihar sanskrit education board act, 1981.(ii) 'head-master' means the head of the teaching staff of sanskrit school taken over by the government whatsoever the designation may be ..... of examinations of prathama and madhyama standards. the bihar sanskrit association conducted the examinations.6. after 1960, the kameshwar singh darbhanga vishwa vidyalaya act, 1960 came into force under which the bihar sanskrit association was dissolved. the kameshwar singh darbhanga sanskrit university was given the power to hold .....

Rashtriya Mill Mazdoor Sangh Through Its President Vs. Empress Mills, ...

Court : Mumbai

Reported in : 2007(5)ALLMR6; 2007(5)BomCR436; 2007(5)MhLj701

..... has effected certain illegal change. 2. during pendency of the said bir application, the textile unit was taken over by the state, under the provisions of the central india spinning, weaving and manufacturing company limited, empress mills nagpur (acquisition and transfer of undertakings) act, 1986 (hereinafter referred to as 'the act'). during pendency of application, present respondent no. 1 (hereinafter referred to as 'the ..... and heard. 11. according to learned advocate for the appellant mr. s.d. thakur, 'the act' is a complete code in itself as it recognizes the rights of the workmen and creates a mechanism of commissioner of payments, and, the corporation, to whom the acquired undertaking has been transferred, has to simply answer the liability. based on this, the appellant has raised .....

The Associated Building Co. Ltd. and ors. Vs. Union of India (Uoi) and ...

Court : Mumbai

Reported in : 1994(1)BomCR206

..... october 18, 1983, the president of india promulgated the textile undertakings (taking over of management) ordinance, 1983 and the ordinance provided that the management of 13 textile undertakings, pending the nationalisation, shall vest in the central government. tata mills limited was one of the undertaking set out in the ordinance. the ordinance inter-alia ..... day on which the ordinance came into force, the management of textile undertakings named in the first schedule shall vest in the central government. the ordinance was subsequently replaced by the textile undertakings (taking over of management) act, 1983 and the act is virtually identical with the ordinance. the statement of objects and ..... vested in custodian is required to be turned down.6. shri kapadia then submitted that the expression 'textile undertaking' is defined under section 2(d) of the act and it means an undertaking specified in the second column of the first schedule. the learned counsel then referred to provisions of sub .....

Rasiklal Ratilal and Another Vs. Union of India and Others

Court : Mumbai

Reported in : AIR1992Bom418; 1992(1)BomCR700; 1991(2)MhLj1366

..... the first place, it must be remembered that the object of the said 1983 act has been stated as under :'an act to provide for taking over in the public interest of the management of the textile undertakings of the companies specified in the first schedule pending nationalisation of such undertakings and for matters connected therewith or incidental thereto.'further the preamble reads as under :'whereas ..... by reason of mismanagement of the affairs of the textile undertakings specified in the first schedule, their .....