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Judgment Search Results Home > Cases Phrase: textile undertakings nationalisation act 1995 section 2 definitions Court: supreme court of india Page 4 of about 1,702 results (0.195 seconds)

May 06 1992 (SC)

Adoni Cotton Mills Ltd. and ors. Vs. Regional Provident Fund Commissio ...

Court : Supreme Court of India

Reported in : (1996)IILLJ739SC; 1995Supp(4)SCC580

..... manager of the company. the company was taken over by the government under the textile undertaking nationalisation ordinance which was replaced by the sick textile undertaking nationalisation act, 1974. the nationalisation took effect from april 1, 1974. the company challenged the proceedings for nationalisation by a writ petition filed in the high court. pending disposal of the writ ..... ceased to be the receiver about that time.2. the establishment of the company attracted the provisions of the employees provident funds act, 1952 and the additional emoluments (compulsory deposit) act, 1974. however, there appears to have been a default on the part of the company to make deposits relevant for the ..... not be prosecuted for the default under the provisions of sections 14 and 14-a of the employees' provident funds act, 1952, and section 15 of the additional emoluments (compulsory deposit) act, 1974 read with sections 406 and 409 of the indian penal code. on receipt of these notices the appellants .....

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Jul 23 2024 (SC)

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 .....

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Oct 26 2021 (SC)

Modified Voluntary Retirement Scheme Of 2002 Of Azam Jahi Mill Workers ...

Court : Supreme Court of India

..... thereafter the committee was dissolved vide bifr order dated 20.08.2014. it is submitted // 21 // that as per section 3 of the sick textile undertakings (nationalization) act, 1974, the right, title and interest of azam jahi mills shall stand transferred to and shall vest absolutely in the central government. it is submitted ..... it is submitted that no covenant or obligation ran with the land at any point of time. it is submitted that in fact as per the sick textile undertakings (nationalization) act, 1974, the vesting of the land in the central government is free from any trust / obligation / mortgage / charge / lien and all other ..... respondent. it is submitted that the land where the 4th respondent was situated was taken over by the central // 16 // government under the sick textile undertakings (nationalization) act, 1974. that, thereafter, the estate sale committee constituted by the central government sold different extent of the land to the andhra pradesh housing board, kuda .....

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Feb 03 1995 (SC)

isha Marbles Vs. Bihar State Electricity Board and anr.

Court : Supreme Court of India

Reported in : I(1995)BC529(SC); JT1995(2)SC626; 1995(1)SCALE721; (1995)2SCC648; [1995]1SCR847

..... the souriyar luka (supra) on which reliance is placed by mr. gopal subramanian is correct. the ruling of national textile corporation (m.p.) ltd., bhopal (supra) rested on the interpretation of the provisions of sick textile undertakings (nationalisation) act (57 of 1974). that is not relevant. the question with which we are concerned did not directly arise in ..... (m.p.) ltd. bhopal v. m.p. electricity board : air1980mp32 it was held that any liability of a c former owner of national textile undertaking prior to the appointed day cannot be fastened on the successors by mere inference.20. in civil appeal no. 1420 of 1995 (arising out of ..... to the important provisions of the indian electricity act, 1910 and the electricity (supply) act, 1948.34. the law relating to electricity is principally contained in these two acts:(i) the electricity act: this provides for grant of licence in relation to supply and electricity and the purchase of the undertakings. it also provides for supply of electricity .....

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May 21 2021 (SC)

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 .....

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Aug 24 1984 (SC)

Bhagirath Kanoria and ors. Vs. State of M. P.

Court : Supreme Court of India

Reported in : AIR1984SC1688; (1984)3CompLJ49(SC); 1984(2)Crimes441(SC); [1984(49)FLR382]; 1984(2)SCALE218; (1984)4SCC222; [1985]1SCR626

..... result of that notification, the administration and control of the company are vested in an administrator appointed by the central government under that act. later, the company was notified as a sick textile undertaking under the first schedule to the sick textile undertakings (nationalisation) act, 1974, which came into force on april 1, 1974.7. the complaints for non-payment of the employer's contribution to the ..... provident fund were filed against the accused under section 14(2a) of the act which reads thus :section 14. penalties.x x x(2-a .....

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Jan 10 2001 (SC)

Union of India Vs. Elphinstone Spinning and Weaving Co. Ltd. and ors. ...

Court : Supreme Court of India

Reported in : AIR2001SC724; JT2001(1)SC536; 2001(1)SCALE157; (2001)4SCC139; [2001]1SCR221; 2001(1)LC496(SC)

..... . v. union of india : [1962]1scr44 : [1962]1scr44 ). this being the position, and the textile undertakings taking over of the management act, 1983, being an act providing for taking over in the public interest of the management of textile undertakings of the companies specified in the first schedule pending nationalisation of such undertakings and for matters connected therewith or incidental thereto as is apparent from the long title ..... by the financial institution by no stretch of imagination could out-weigh the conclusion of the legislature that the act is intended to provide for the taking over of the management of the textile undertakings of the companies specified in the first schedule, pending nationalisation in the public interest. we are unable to agree with the arguments advanced on behalf of the counsel appearing .....

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Apr 26 2024 (SC)

Fertilizer Corporation Of India Ltd. Vs. M/s. Coromandal Sacks Private ...

Court : Supreme Court of India

..... enactment brought in with the object of dealing with sickness in the textile industry was the sick textile undertaking (nationalization) act, 1974 which, inter alia, provided for the reorganisation and rehabilitation of sick textile industries. similarly, the aluminium corporation of india ltd. (acquisition and transfer of aluminium undertaking) act, 1984 and the futwah islampur lightway line (nationalisation) act, 1985 were enacted with similar objects.53. industrial reconstruction bank of ..... india act, 1984 was enacted to provide financial assistance to sick industrial companies for their revival. however, the said .....

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Sep 03 1996 (SC)

Rashtriya Mill Mazdoor Sangh Vs. State of Maharashtra and ors.

Court : Supreme Court of India

Reported in : AIR1996SC2797; JT1996(7)SC630; (1997)IILLJ720SC; 1996(6)SCALE303; (1996)5SCC542; [1996]Supp5SCR458

..... , weaving and manufacturing company limited, the empress mills, nagpur (acquisition and transfer of undertaking) act, 1986 (maharashtra act no. xlvi of 1986).the empress mills, nagpur, a textile undertaking, has been nationalised by the central india spinning, weaving and manufacturing company limited, the empress mills, nagpur (acquisition and transfer of undertaking) act, 1986 (for short 'the act'). the constitutional validity of sections 9(2), 10(2) 12(1) and ..... 26 of the act was questioned in a writ petition filed by the appellant claiming to be .....

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Aug 22 1986 (SC)

Adoni Cotton Mills Ltd. and ors. Vs. Union of India (Uoi) and ors.

Court : Supreme Court of India

Reported in : AIR1987SC110; 1986(2)SCALE253; (1986)4SCC1; 1986(2)LC568(SC)

..... in these three writ petitions in which the take over of the management and the nationalisation of the sick textile undertaking, adoni cotton mills, are questioned. the only ground of attack was that the adoni cotton mills was not a sick textile undertaking at all and that it had been so classified merely because the mills had been ..... to the survey report made at the instance of the investigation committee appointed by the government of india under sec. 15 of the industries development and regulation act as well as the report of the collector of kurnool submitted to the government of andhra pradesh. the first report sets out various details relating to the ..... the new lessee managed to start the mill just before the appointed day under the sick textile undertakings (taking over of management) act and appeared to be resourceful and confident, it did not follow that the mill was not a sick textile undertaking. the second report on which the counsel placed reliance was that of the collector of the .....

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