Judgment Search Results Home > Cases Phrase: textile undertakings nationalisation act 1995 chapter 6 commissioners of payments Court: delhi Page 1 of about 43 results (0.452 seconds)

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 .....

National Textile Corporation Ltd Vs. Union of India and Anrq

Court : Delhi

..... is as under: 2. the respondent no.2 was nationalized with effect from 1st april 1994 under the textile undertaking (nationalisation) act, 1995 (hereinafter called, the said act ) and prior to takeover of the management of the respondent no.2 under the said act, a sum of money to the extent of rs.11,70,39,000/- became due and payable by the ..... are quite vague and ambiguous, but the position which emerges is: (i) that with effect from 1st april, 1994, by virtue of section 3(1) of the textile undertakings (nationalisation) act, 1995 the right, title and interest of shree sitaram mills limited (hereinafter called the earlier owner company ) in relation to its ..... government; suffice it is to state that the loans advanced by the banks including the nationalised banks do not find mention in subsection (2); section 5(3)(b) further provides that no award, decree or order of any court in relation to any textile undertaking, passed after 1st april, 1994 in respect of any matter, claim or dispute which .....

Om Parkash Pahwa and ors. Vs. State of Delhi and ors.

Court : Delhi

Reported in : 1998VAD(Delhi)285; 3(1998)CLT609; 75(1998)DLT3; 1998(46)DRJ719

..... and as pointed out by the respondents may briefly be noticed. prior to 1992, bus service in delhi was largely a nationalised affair. the buses were plied under delhi transport corporation, a public sector transport undertaking, hereinafter 'dtc', for short. very few stage carriage permits were issued to private bus operators. dtc was meeting the demand ..... a person to hear and receive evidence or submissions from interested parties for its own information, in determining zoning question affecting the rights of the individuals.82. in indore textiles ltd v. union of india, air 1983 mp 645, justice g.p. singh (hon'ble the chief justice, as his lordship then was ) has so ..... permits and fare structure along with application from : and whereas in exercise of powers conferred under sub-section (3) of section 71 of the motor vehicles act, 1988 ( act no. 59 of 1988) the lt governor of the national capital territory of delhi with the prior approval of govt of india ministry of surface transport, new .....

National Textile Corporation Ltd. Vs. Union of India and ors.

Court : Delhi

..... uco bank. the essential ingredient of the statement of claim are as follows:3.2 srml was nationalized w.e.f. 01.04.1994 under the textile undertakings (nationalization), act, 1995 (in short nationalization act); that prior to the take over of the management of srml, a sum of rs.11,70,39,000/- became due and payable by srml ..... any bank or financial institution or any other source except various bank limits required for running of mills and suppliers, credit for supplies to be made to the textile undertakings in due course. in pursuance of the said board meeting, the additional custodian has with the prior approval of the custodian requested the claimant to grant working ..... 2/uco bank are covered under the om dated 22.01.2004; the petitioner being a central public sector enterprise, while respondent no.2/uco bank is a nationalised bank. if that is so, then no consent is required for initiation of arbitration proceedings under the pma mechanism.9. the other issue qua jurisdiction which is raised .....

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 .....

The Indore Malwa United Mills Ltd. and ors. Vs. Union of India and ors ...

Court : Delhi

Reported in : ILR1974Delhi311

..... of assets which would undoubtedly be detrimental to the public interest. a reference to the long title of the impugned act would also show that these sick textile undertakings have been taken over pending nationalisation of such undertakings and for the expeditious rehabilitation of such undertakings so that such rehabilitation sub-serves the interest of general public.(76) the policy and purpose of a given measure ..... part of it and there is no question of paying any amount to the petitioners for it at this stage, because the impugned act is taking over only the management and is not an act for nationalising and acquiring the sick textile undertaking. in our view the petitioners have failed to prove that there has been any non-compliance with article 31(2) of the .....

Swadeshi Cotton Mills Co. Ltd. and ors. Vs. Union of India and anr.

Court : Delhi

Reported in : ILR1979Delhi387

..... . of the rule an obvious distinction between the take-over of management of an undertaking under the act and nationalisation of an industry or an undertaking. while a take-over of the management under the act has its genesis in any act of non-feasance, misfeasance or malfeasance of the management or the objective state of ..... investigation and consider the take-over of the management the management also mentioned that it had approached the gujarat state textile corporation and certain financial institutions for financial help to rehabilitate the undertaking and plea was made to the government that the takeover be not resorted to. the correspondence left no doubt that ..... the needs of the community. this necessarily requires funds and large investment. government must take a policy decision as to which sector needs priority like say textile or engineering or tea, etc. the funds being limited, exercise of discretion would have to be based on the inside knowledge of finance, economy possessed .....

Anil Kumar Khurana Vs. Union of India and ors.

Court : Delhi

Reported in : 62(1996)DLT313

..... : [1981]3scr234 is really not of much assistance to support the claim made by the petitioner. it was conceded there that the nationalisation of certain routes for the exclusive operation of the state undertaking under chapter-iv (a) of the m.v. act had resulted in the discrimination of some others who had been permitted to operate on the very ..... nationalised routes. that was stated to be on account of inadvertence or over-sight on the part of the government agency. in that ..... -sections. ' in particular, he would say that sub-section 2 should be read as follows:- 'sub-section2 of section 12-save as otherwise provided in the act, the delhi improvement trust shall not undertake or carry out any development of land in any area which is not a development area.'this is to demonstrate that the .....

Mrs. Kailash Suneja and ors. Vs. Appropriate Authority and ors.

Court : Delhi

Reported in : (1998)145CTR(Del)560

..... of comparable cases but deliberately had failed to take them into account. it is further stated that on 25th january, 1994 bharat petroleum, a govt. of india undertaking purchased the house where the area of the plot is 500 sq. yds. the market value would work out at rs. 3,14,86,200 as detailed below ..... finance minister, recommending the purchase of the property. on 11th may, 1993, an order was passed by this court recording the undertaking given by the learned counsel for the revenue that the appropriate authority would act in accordance with law. on 19th may, 1993, there was a phone call from the chairman, appropriate authority, that the appropriate ..... fact without any basis and the orders of the quasi-judicial authorities are subject to judicial review. he placed reliance upon the following judgments of the supreme court :1. raza textiles ltd. vs. ito : [1973]87itr539(sc) .2. anisminic ltd. vs. the foreign compensation commission & anr. 1969 (1) all er 208.3. union of india vs. tarachand .....

1. Mrs. Kailash Suneja (C.W. No. 5220 of 1993 and C.M. No. 1988 of 199 ...

Court : Delhi

Reported in : [1998]231ITR318(Delhi); [1998]97TAXMAN144(Delhi)

..... instances of comparable cases but deliberately had failed to take them into account. it is further stated that on january 25,1994, bharat petroleum, a government of india undertaking purchased the house where the area of the plot is 500 sq. yds. the market value would work out at rs. 3,14,86,400 as detailed below ..... then finance minister recommending the purchase of the property. on may 11, 1993, an order was passed by this court recording the undertaking given by the learned counsel for the revenue that the appropriate authority would act in accordance with law. on may 19, 1993, there was a phone call from the chairman, appropriate authority, that the ..... fact without any basis and the orders of the quasi-judicial authorities are subject to judicial review. he placed reliance upon the following judgments of the supreme court :1. raza textiles ltd. v. ito : [1973]87itr539(sc) .2. anisminic ltd. v. foreign compensation commission [1969] 1 all er 208.3. union of india v. tarachand gupta and .....