Court : Karnataka
Reported in : [1985]57CompCas668(Kar)
..... they acquire their corporate character not from any registration under the companies act, but they are established under the banking companies (acquisition and transfer of undertakings) acts, 1970 and 1980. so, only some of the provisions of the b.r. act are made applicable to the nationalised banks. 30. section 3(5) of the nationalising act provides that every new bank shall carry on and transact the ..... business of banking as defined in section 5 of the b.r. act and may engage in one or .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : [1985]58CompCas816(AP)
..... their hardship. in this case, we direct that the amount payable to the minors-claimants nos. 2 and 3 should be kept in fixed deposit in any nearest nationalised bank till they attain majority and the interest accrued thereon should be paid to the minors for their education and maintenance and that, after their attaining majority, the ..... that one of the methods is that the claims tribunal should direct the claimants or the legal representatives to open a savings bank account either in the nearest nationalised bank or the post office and the number of that account should be furnished to the tribunal and the tribunal should deposit the respective shares of the ..... : 'thus, the contract between the insured and the company may not provide for all the liabilities which the company has to undertake vis-a-vis the third parties, in view of the provisions of the act. we are of the opinion that once the company had undertaken liability to third parties incurred by the persons specified in the policy .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : AIR1983AP297
..... follows:'thus the contract between the insured and the company may not provide for all the liabilities which the company has to undertake vis-a-vis the third parties, in view of the provisions of the act. we are of opinion that once the company had undertaken liability to third parties incurred by the persons specified in the policy ..... opinion that one of the methods is that the claims tribunal should direct the claimants or the legal representatives to open a savings bank account either in the nearest nationalised bank or the post office and the number of that account should be furnished to the tribunal and the tribunal shoudl deposit the respective shares of the claimants ..... their hardship in this case, we direct that the amount payable to the minors-claimants 2 and 3 should be kept in the fixed deposit in any nearest nationalised bank till they attain majority and the interest accrued thereon should be paid in the manner indicated above. the amount to be paid to the first and fourth .....
Tag this Judgment!Court : Mumbai
Reported in : (1982)84BOMLR608
..... in v.g. row's case (supra) have been repeated.96. in rustom cavasjee cooper v. union of india : [1970]3scr530 , popularly known as the bank nationalisation case, after referring to mohammad yasin's case (supra) and dwarkadas's case : [1954]1scr674 , the court held that the restriction imposed upon the right of the ..... such screening is done and the training imparted, it is difficult to understand as to why the board constituted under the act which consists of the representatives of the employers will not undertake such screening and training of the security guards.111. the observations of this court in the case cited were firstly in connection ..... present legislation. the evil of the contract labour system in various industries and establishments for various occupations had become the rule of the day. in engineering, cotton textile, cement, paper, coir-matting, mining and even in central and provincial public works departments, contract labour was employed on a large scale and the percentage of .....
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 workers ..... economic system does not result in the concentration of wealth and means of production to the common detriment. obviously, it is nationalisation that is in view and nationalisation must mean the setting up of public corporations and the transformation of private corporations into public corporations. truly the constitution envisages workers' ..... (act no. 65 of 1951) which applies to textile industry as well confers power on the central government to carry out investigation into the affairs of a company in liquidation. it reads:15-a. power to investigate into the affairs of a company in liquidation-(1) where a company, owning an industrial undertaking .....
Tag this Judgment!Court : Mumbai
Reported in : AIR1983Bom317; (1983)85BOMLR134
..... of the said section. it will be noticed that section 34-a also applies to nationalised banks, that is, banks constituted under section 3 of the banking companies (acquisition and transfer of undertakings) act, 1970. under section 9 of the said act the central government has power, after consultation with the reserve bank to make a scheme ..... , the supreme court also negatived a similar challenge made against clause 3 of the cotton textiles (control of movements) order, 1948, made in exercise of the powers conferred upon the central government by the said section 3 of that act on the ground that the policy under-lying the said control order was clearly to be ..... the state of ajmer fixing minimum wages in respect of the employment in the textile industry within that state under the provisions of the minimum wages act, 1948, was challenged as being illegal and ultra vires. the schedule attached to that act specified under two parts the employments in respect of which minimum wages of the .....
Tag this Judgment!Court : Chennai
Reported in : (1984)ILLJ140Mad
..... high court in national textile corporation v. industrial tribunal (supra) till the industrial undertaking is nationalised, its ownership could not be stated to have vested in the central ..... or partial, by the central government will not make the industrial undertaking, an undertaking of the central government itself. there is no dispute before us that the mills has not come within the mischief of nationalization under the sick textile under takings (nationalisation) act 57 of 74. as taken note of by the allahabad ..... specifies that subject to the exceptions, restrictions and limitations by the central government, as may be specified in the notification the companies act shall continue to apply also such undertakings. section 18e speaks about the power of the central government to cancel a notified order under s. 18a. it is unnecessary .....
Tag this Judgment!Court : Kolkata
Reported in : (1983)37CTR(Cal)311,[1983]143ITR909(Cal)
..... in reply to the aforesaid affidavit of bimal chandra chatterjee. it is, inter alia, contended in this affidavit that under the sick textile undertakings (nationalisation) act, 1974, no legal steps can be taken for recovery of any outstanding loan against the national textile corporation and, in any event, the said loan is not repayable by the said corporation. the petitioner in the circumstances treated the ..... on the 31st march, 1971, it appeared that there was little chance of recovery of the unsecured loan advanced by the petitioner. the sick textile undertaking (nationalisation) ordinance, 1974, under which compensation was payable for taking over of the undertaking provided that such compensation would be utilised first for payment of secured loans and other prior claims and thereafter for payment of unsecured loans .....
Tag this Judgment!Court : Supreme Court of India
Reported in : AIR1983SC1128; 1983(2)SCALE396; (1984)1SCC119; 1984(16)LC57(SC)
ORDER1. These writ petitions Nos. 5310 and 5311 are by two students, Ajit Kumar Jha and Neeraj Sinha of the Jawaharlal Nehru University, Ajit Kumar Jha is stated to be a student of M.A. IVth. Semester and Neeraj Sinha is stated to be a terminal M.A. student studying for seminar papers. In the Writ Petitions the notification dated 11. 5. 1983 and circular dated 12.5.1983 asking the students to vacate the hostel rooms within 48 hours of 14th May 1983 are challenged. This notification and the circular were challenged in the High Court of Delhi and the High Court passed an interim order directing the students to submit their representations to the authorities for consideration to stay in the hostel and directed the University authorities to consider those applications. The two petitioners in these writ petitions also made representations. Ajit Kumar Jha has stated in his representation that his admission process for M. Phil in the Oxford University is going on and he has given his hostel a...
Tag this Judgment!Court : Chennai
Reported in : (1984)ILLJ456Mad
..... banks are those belonging to or employed by the government. but the questions whether a statutory corporation is an establishment or an undertaking under the government. the fact is that the nationalised banks have got a separate entity of their own and are not the departments of the government, still having regard to ..... under the category of establishments under the central govt. referred to in s. 4(1) of the shops act. thus, the main question for consideration is whether the nationalised banks, i.e., banks constituted under act 5 of 1970, are establishments under the central govt. as contended for by the petitioner-banks.4. as ..... federal railway authority, a railway administration operating a federal railway, and cantonment authorities;'. 6. the word 'establishment' has been defined under s. 2(6) of the act as follows : '2(6) 'establishment' means a shop, commercial establishment, theatre or any place of public amusement or entertainment and includes such establishment as the government .....
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