Judgment Search Results Home > Cases Phrase: textile undertakings nationalisation act 1995 chapter 6 commissioners of payments Page 1 of about 797 results (0.146 seconds)

Commissioner of Income-tax Vs. National Textile Corporation (Tamilnadu ...

Court : Chennai

Reported in : [2000]243ITR487(Mad)

..... the enactments providing for the relevant levy, are only recoverable to the extent, and in the manner provided for so far as the company owning' sick textile undertakings is concerned in the sick textile undertakings (nationalisation) act.13. in the order made by the income-tax officer, there is also a significant failure to state that any attempt had been made to recover the monies from ..... entire exercise initiated by the income-tax officer is based on a misconception of the scope of his power and a complete failure to understand the provisions of the sick textile undertakings (nationalisation) act.17. the questions referred to us are, therefore, answered in favour of the assessee and against the revenue. the assessee shall be entitled to costs in the sum of rs .....

Commissioner of Income Tax Vs. National Textile Corporation (Tn and P) ...

Court : Chennai

Reported in : [2000]109TAXMAN300(Mad)

..... income tax officer is based on a misconception of the scope of his powers, and a complete failure to understand the provisions of the sick textile undertakings (nationalisation) act.16. the questions referred to us are, therefore, answered in favour of the assessee, and against the revenue, the assessee shall be entitled ..... the relevant levy, are only recoverable to the extent and in the manner provided for so far as the company owning sick textile undertakings are concerned under the sick textile undertakings (nationalisation) act.12. in the order made by the income tax officer, there is also a significant failure to state that any attempt ..... interest of the cambodia mills ltd., notwithstanding this provision made in the act for the payment of compensation to that company is wholly untenable in law.11. the sick textile undertakings (nationalisation) act is also a special enactment insofar as the sick textile undertakings are concerned. to the extent, the provision is made therein for the .....

State Bank of India, Industrial Finance Branch Vs. the Commissioner of ...

Court : Karnataka

Reported in : 2003(3)KarLJ300

..... state bank of india, a commercial banking company established under the state bank of india act, essentially under article 227 of the constitution of india being aggrieved by the orders passed by the commissioner of payments functioning under the sick textile undertakings (nationalisation) act, 1974 (hereinafter referred to as 'the act', for short) and the orders passed by the court of city civil judge, bangalore, functioning ..... as an appellate authority within the meaning of section 23(7) of the act. 2. the writ petitioner-bank is common in both the petitions, though these .....

State Bank of India Vs. the Commissioner of Payments, Ministry of Text ...

Court : Karnataka

Reported in : ILR2002KAR4633

..... state bank of india, a commercial banking company established under the state bank of india act, essentially under article 227 of the constitution of india being aggrieved by the order passed by the commissioner of payments functioning under the sick textiles undertakings (nationalisation) act, 1974 (hereinafter referred to as 'the act' for short) and the orders passed by the court of city civil judge, bangalore, functioning ..... as an appellate authority within the meaning of section 23(7) of the act. 2. the writ petitioner-bank is common in both the petitions, though the .....

Rashtriya Mill Mazdoor Sangh Vs. National Textile Corporation (South M ...

Court : Supreme Court of India

Reported in : AIR1996SC710; JT1995(9)SC186; (1996)ILLJ787SC; 1995(6)SCALE609; (1996)1SCC313; [1995]Supp5SCR641; 1996(1)LC456(SC)

..... wages and other amounts due to the employee in relation to the pre-take over management period. these provisions are similar to those contained in section 21 of the sick textile undertakings (nationalisation) act, 1974. in m. asghar v. union of india : (1987)illj440sc , the said provisions giving lower priority to the amounts due to the employees in relation to the pre-take over ..... applicability in respect of liability for payment of gratuity under the payment of gratuity act.11. that the liabilities in respect of the period prior to the taking over of the management of the textile undertaking are not taken over by the ntc is also borne out by the textile undertakings (nationalisation) ordinance, no. 6 of 1995 promulgated by the president on june 27, 1995. the .....

National Textiles Corpn. (S.M.) Ltd. Vs. Girdharisingh Pratapsingh and ...

Court : Mumbai

Reported in : 1998(1)BomCR407; 1997(3)MhLj456

..... wages and other amounts due to the employee in relation to the pre-take-over management period. these provisions are similar to those contained in section 21 of the sick textile undertakings (nationalisation) act, 1974. in m. asghar v. union of india, : (1987)illj440sc , the said provisions giving lower priority to the amounts due to the employees in relation to the pre-take-over ..... in respect of liability for payment of gratuity under the payment of gratuity act'.11. that the liabilities in respect of the period prior to the taking over of the management of the textile undertaking are not taken over by the n.t.c. is also borne out by the textile undertakings (nationalisation) ordinance, no. 6 of 1994 promulgated by the president on june 27, 1995 .....

National Textile Corporation (Gujarat) Ltd. Vs. State Bank of India an ...

Court : Supreme Court of India

Reported in : AIR2006SC2927; [2006]134CompCas164(SC); (2006)6CompLJ448(SC); JT2006(7)SC285; 2006(7)SCALE627

..... weaving mills ltd. and ors. : [2002]2scr1093 , a division bench of this court interpreting the provisions of the 1974 act, held:turning attention to the effect of the sick textile undertakings (nationalisation) act, 1974, a bare perusal of some of the provisions will indicate that there is no discharge of the liability of principal ..... debtor, leave alone that of the surety. sections 3, 4, 5 and 20 of the act of 1974, if read together, would depict that the liability of the owner of the undertaking ..... person or body of persons authorized under the industries (development and regulation) act, 1951, or the sick textile undertakings (taking over of management) act, 1972, to take over the management of the whole or any part of the sick textile undertaking 4. before the commissioner of payments, the creditors became entitled to file .....

National Textile Corporation Vs. Subhkarandas Chiranjilal and ors.

Court : Delhi

Reported in : 62(1996)DLT278

..... lakhs thirty two thousand one hundred eighty six and paise forty four only).'(23) the first defendant had taken the plea that in view of the sick textile undertakings (nationalisation) act, 1974, the plaintiff can make the claim only before the commissioner of payments. sections 20, 21 and 23 and the second schedule are as follows:- ..... the disbursements made by the commissioner. (4) the commissioner shall, after such investigation as may, in his opinion be necessary and after giving the sick textile undertaking an opportunity of refuting the claim and after giving the claimants a reasonable opportunity of being heard, in writing, admit or reject the claim in whole or ..... '20.claims to be made to the commissioner.-every person having a claim against the owner of a sick textile undertaking shall prefer such claim before the commissioner within thirty days from the specified date; provided that if the commissioner is satisfied that the claimant was prevented .....

Custodian of Textiles Undertaking, Bombay. Vs. Hall and Anderson Ltd. ...

Court : Supreme Court of India

..... the high court vide order dated 26.10.1983 restraining the present appellant from interfering with bank accounts relating to the property business as well as textile undertaking business. it was during pendency of the business that textile undertaking nationalisation act, 1995 came into existence and the mills stood acquired. m/s shree madhusudan mills ltd. was renamed as hall on 11.2.1999. learned single ..... judge allowed the said writ petition vide judgment and order dated 6.1.2005 holding that the suit premises situated at calcutta was by no means related to the textile undertakings and therefore, it .....

National Textile Corpn. Ltd. and ors. Vs. Haribox Swalram and ors.

Court : Supreme Court of India

Reported in : AIR2004SC1998; 2004(5)ALD120(SC); III(2004)BC494; 98(2004)CLT137(SC); JT2004(4)SC508; 2004(4)SCALE227; (2004)9SCC786

..... applicability in respect of liability for payment of gratuity under the payment of gratuity act. the court also examined the provisions of the textile undertakings (nationalisation) ordinance, 1995 (ordinance no. 6 of 1995) which was later on replaced by the textile undertakings (nationalisation) act, 1995) and held as under:'the provisions of ordinance 6 of 1995 ..... also show that the liabilities for the period prior to the take-over of the management are to be discharged from the amount payable to the owner of the textile undertaking for the acquisition of the undertaking and ..... end to the litigation, we would examine the matter on merits as well.13. chapter ii of the textile undertakings (taking over of management) act, 1983 deals with taking over of the management of certain textile undertakings. sub-section (1) of section 3 lays down that on and from the appointed day, the .....