Judgment Search Results Home > Cases Phrase: textile undertakings nationalisation act 1995 section 2 definitions Court: kolkata Page 1 of about 488 results (0.124 seconds)

Hall and Anderson Limited Vs. Union of India (Uoi) and ors.

Court : Kolkata

Reported in : AIR2005Cal156,[2005]125CompCas97(Cal)

..... on and from october 18, 1983, which was challenged. during the pendency of the writ petition such ordinance became an act. such act was known as the textile undertakings (taking over of management) act, 1983. subsequently, nationalisation act of such undertakings came into force having been known as the textile undertakings (nationalisation) act, 1995, with effect from april 1, 1994. mr. das raised an objection in respect of making submission as regards ..... the nationalisation act, 1995, saying that the same is not part and parcel of the writ petition. mr. deb contended that by the earlier act, the management of 13 textile undertakings, including .....

Custodian of Textile Undertaking Vs. Hall and Anderson Ltd. and anr.

Court : Kolkata

Reported in : (2008)3CALLT530(HC),2008(4)CHN243

..... 1983 act had been promulgated in view of the steep fall in the volume of production of ..... anderson from m/s. madhusudan mills ltd. from 11.02.1999. the textile undertakings (taking over of management) ordinance, 1983 came into force on and from 18th of october, 1983. the ordinance was converted into the textile undertakings (taking over of management) act, 1983. subsequently, the nationalisation act of textile undertaking came into force known as the textile undertakings (nationalisation) act, 1995 which came into effect from 1st of april, 1994.4. the .....

Gajraj Pannalal Limited (In Liquidation) Vs. the Official Liquidator a ...

Court : Kolkata

..... and properties of mahalaxmi cotton mills ltd (in liquidation). in 1972, the central government took over the cotton mill under the industries (development and regulation) act, 1951. in 1974 the sick textile undertakings (nationalisation) act came into force and it was under such act that the said cotton mill and assets in relation thereto were taken over by the central government and vested in the national ..... take over only the assets in relation to the sick textile undertaking and not other assets of the owner unconnected to the sick textile undertaking. the applicant says that the expression 'in relation to' used in section 3 of the 1974 act has been interpreted by a division bench in construing similar provisions in the textile undertakings (nationalisation) act, 1995 where it was held that the assets that were .....

Madanlal Patodia and ors. Vs. Luxminarayan Cotton Mills Ltd. and ors.

Court : Kolkata

Reported in : [1978]48CompCas747(Cal)

..... of the present case, the petitioners are entitled to an order of rectification as asked for in the application under section 155 of the companies act, 1956 regarding the objection that in view of the sick textile undertakings (nationalisation) act, 1974, the petitioners have no locus standi and the application is not maintainable, in my view, the said contention is utterly baseless, as the corporate ..... the facts of this case the application should be allowed.5. referring to the sick textile undertakings (nationalisation) act, 1974, which came into force from 21st of december, 1974, and the appointed day under the said act is the 1st of april, 1974, mr. mukherjee submitted that the said act has not affected in any way the right of the petitioners to apply under section 155 .....

Shree Mahalaxmi Cotton Mills Mazdoor Union and anr. Vs. Union of India ...

Court : Kolkata

Reported in : 2003(2)CHN389,(2003)IIILLJ634Cal

..... in this writ petition are summarised hereinafter:in or about 1974 various sick textile units/mills all over the country were nationalised under the sick textile undertakings; (nationalisation) act, 1974 and the right, title and interest of the erstwhile owners of such textile units/ mills stood transferred to and vested absolutely in the central government ..... . smc mills and cc mills were amongst those textile, mills which vested first in ..... held on december 12, 2001 before the bifr wherefrom it appears that the government of india, ministry of textiles had asked for interim directions from bifr permitting them to undertake certain activities pending final approval of the dra wherein one of the main issues was about the closure of .....

N.T.C. (W.B.A.Br.) Ltd. Vs. Sudhanya Biswas

Court : Kolkata

Reported in : (1995)2CALLT358(HC),(1997)IIILLJ135Cal

..... follows. the petitioner who was an employee of a private mill viz. sodepur cotton mills which was ultimately taken over under the provisions of sick textile undertakings (nationalisation) act, 1974 by national textile corporation and that on july 20, 1987 the said corporation served a notice of retirement intimating him that he would retire from service on october ..... age of sixty years on the basis of any statutory rule or notification or an agreement arrived at between the employees' union and the unit concerned before nationalisation or thereafter. it was also held that no case of discriminatory treatment could be made out and accordingly the learned judge dismissed the writ application.4. ..... in this connection reference was also made on a decision of prabir kumar majumdar, j. in matter no. 2171 of 1986 (ashis ghosh v. national textile corporation). in that case it was held that it could only be established in the writ application that the writ petitioner was entitled to be superannuated at .....

Ganesh Chandra Mukherjee Etc., Etc. Vs. National Textile Corporation a ...

Court : Kolkata

Reported in : (1983)ILLJ244Cal

..... first instance. mr. sengupta, the learned counsel for the respondent national textile corporation ltd., has contended that the national textile corporation limited is a government company. the said company has been formed after some of the textile units had been nationalised by the sick textile undertakings (nationalisation) act, 1974. mr. sengupta submits that the said national textile corporation limited may be a 'state' within the meaning of article 12 ..... that the said yog raj sachdeva was appointed as a spinning master in kalyanmal mills limited and he was confirmed in the said mills. thereafter, under the sick textile undertaking (nationalisation) ordinance, 1972 which was eventually replaced by the sick textile undertaking (taking over of management) act, 1972, the said kalyanmal mills limited vested in the central government and ultimately became an unit of the national .....

Benaras Electric Light and Power Co. Ltd. Vs. U.P. State Electricity B ...

Court : Kolkata

Reported in : [1983]53CompCas597(Cal)

..... book debts on the face of it. he also referred to the definition of the word ' undertaking ' in the mrtp act, and the coal mines nationalisation act, 1973, and the sick textile mills nationalisation act, 1975, where the word 'undertaking' has been defined and has been made inclusive of book debts. in the present act, there is no such inclusive definition ; on the other hand, reading the indian electricity ..... , as it has been done in other cases like the mrtp act, the coal nationalisation act, the sick textile nationalisation act, etc. this is a sort of confiscation of the properties under the said electricity act and the u. p. amendment and it has to be very strictly construed and, in my view, the word ' undertaking ' can in no way include the book debts being the arrears of .....

New India Investment Corporation Ltd. Vs. Income-tax Officer and ors.

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 .....

Collector of Customs Vs. Pankaj V. Sheth

Court : Kolkata

Reported in : 1997LC519(Calcutta),1997(90)ELT31(Cal)

..... power to investigate the correct value of the goods in question and for that purpose utilise the method prescribed under section 14(1).21. finally, the foreign exchange (regulation) act, 1973 also provides in section 18(1) that no goods can be exported unless the exporter furnishes to the prescribed authority a declaration in the prescribed form of inter alia ..... order as to costs.31. let xerox copies of this judgment and order, duly signed by the assistant registrar of this court, be supplied to the parties upon their undertaking to apply for and obtain certified copies thereof upon payment of usual charges. sd/- ruma pal, j.33. i agree. ..... endorsement of transferability by the licensing authority.'on the same date by notification no. 204/92-cus., dated 19-5-1992 also issued under section 25(1) of the act similar provisions were made for quantity based duty exemption entitlement certificates.12. the licensing authorities in this case are the respondents nos. 2 and 3. the form specified in .....