Search Results for "sick unit"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal in Motor Accident Claim Case — Death Not Arising O...
Bombay High Court Dismisses Petitioner's Challenge to Arbitral Award in Commerci...
Bombay High Court Dismisses Appeal Against Attachment of Property in NSEL Scam C...
Bombay High Court Allows Appeal in Customs Classification Dispute — Bulk Pet F...

Search Results for "sick unit"

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High Court

Madras High Court Allows Writ Petitions Seeking Compliance with BIFR Rehabilitation Scheme and Waiver of Pre-Deposit in Customs Dispute. BIFR Scheme Binding on Government Departments; Pre-Deposit Condition Quashed for Sick Industrial Company Under Section 35F of Central Excise Act, 1944.

7 Jan 2026

The petitioner, SMS Lifesciences India Limited, filed two writ petitions. The first sought a mandamus directing respondents 1 to 3 (Director General o...

Supreme Court

Supreme Court Allows BSFC Appeal, Upholds Auction Sale Under Section 29 of SFC Act Despite Concurrent Findings of Trial Court and High Court. Borrower's Persistent Default and Failure to Discharge Liability Justifies Corporation's Statutory Power to Sell Mortgaged Property Without Interference by Civil Court.

1 Jan 2026

The case involves an appeal by the Bihar State Financial Corporation (BSFC) against a judgment of the Patna High Court which affirmed a trial court de...

Supreme Court

Supreme Court Allows Appeals in Electricity Contract Dispute — Refund of Excess Demand Charges Granted for Delayed Load Reduction. Held that Electricity Board's unreasonable delay in processing application for reduction of contracted load from 23000 KVA to 10000 KVA entitles consumer to refund of excess charges paid under protest.

6 Jul 2023

The appellant, The Madras Aluminium Co. Ltd., a company established in 1965 for manufacturing aluminium, was declared a sick industrial unit under Sec...

High Court

High Court of Karnataka Allows Writ Petition for Addition of Defence Service as Qualifying Service for Pension — Ex-Serviceman Entitled to Count Military Service Under Rule 3 of KPTCL Pension Regulations, 1999.

23 Oct 2020

The petitioner, Sri R. Hanumatha Singh, an ex-serviceman who served in the Indian Air Force from 31.01.1972 to 08.05.1987, later joined the Karnataka ...

High Court

High Court of Bombay at Goa Dismisses Revenue's Appeal in Income Tax Case — Interest on Borrowings for Argon Gas Plant Held Revenue Expenditure, Payment to Texmaco Allowed as Deferred Revenue Expenditure. Interest of Rs.1,97,91,197/- paid on borrowings for setting up Argon Gas Plant, capitalized in books, held to be revenue expenditure even before plant operation; payment of Rs.7,09,10,000/- to Texmaco allowed as deferred revenue expenditure amortised over 8 years.

2 Jan 2020

The Commissioner of Income Tax appealed against the order of the Income Tax Appellate Tribunal (ITAT) which allowed the respondent-assessee, Zuari Ind...

Supreme Court

Supreme Court Allows Appeal in Insolvency Case Under IBC, Holds Prior Consent Under Section 16G of Tea Act Required for Initiation of CIRP Against Tea Gardens Under Central Government Management. The court ruled that the Tea Act, 1953, being a special legislation, requires prior consent of the Central Government for initiating insolvency proceedings under Section 9 of the IBC against a corporate debtor whose tea gardens are under government management.

4 Oct 2019

The case involves a dispute between Duncans Industries Ltd. (the appellant/corporate debtor) and A. J. Agrochem (the respondent/operational creditor) ...

High Court

High Court of Karnataka Dismisses Writ Petitions Challenging Voluntary Retirement Scheme Computation for Sick Unit Employees. Computation of ex-gratia amount under VRS for sick units based on last drawn salary and remaining service is valid and not arbitrary.

27 Jul 2016

The petitioners were employees of Mandya National Paper Mills (MNPM), a company incorporated under the Companies Act that suffered huge losses. The Ce...

High Court

Bombay High Court Dismisses Employee's Writ Petition Challenging Industrial Court Order in Gratuity Dispute — BIFR Scheme Under SICA Overrides Payment of Gratuity Act. The court held that a rehabilitation scheme sanctioned by BIFR under SICA is binding on all employees and the employer's payment of gratuity as per the scheme constitutes a valid discharge of its liability under the Payment of Gratuity Act, 1972.

24 Jun 2016

The writ petition was filed by Suryakant Ramchandra Mahadik, an erstwhile employee of Khatau Makanji Spinning and Weaving Mills Ltd., challenging an a...

High Court

Bombay High Court Upholds Labour Court's Order for Reinstatement of Workmen in Industrial Dispute — Employer's Failure to Prove Abandonment of Service and Non-Compliance with Section 25F of Industrial Disputes Act, 1947 Renders Termination Illegal. The court held that the burden to prove abandonment lies on the employer and that termination without notice or compensation under Section 25F is void.

20 Dec 2013

The judgment arises from two writ petitions: Writ Petition No.248 of 2011 filed by Kamala Mills Limited challenging the order of the 1st Labour Court,...

High Court

Bombay High Court Dismisses Petition Challenging Search Warrant Under Section 132 of Income Tax Act, 1961 — No Violation of Natural Justice as Assessee Was Heard Before Assessment Orders Were Passed.

2 Apr 2012

The petitioner, Hemendra Ranchhoddas Merchant, an erstwhile partner of a dissolved firm and now proprietor of M/s. Sriram Warehousing Corporation, fil...

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