Textile Undertakings (Nationalisation) Act, 1995 Archives

Supreme Court clarifies the forum for recovery of dues in nationalized textile undertakings: UCO Bank vs. National Textile Corporation Ltd. (2020)

March 5, 2020 / A.S. Bopanna, Arbitration Law, Debt Recovery, Debts Recovery Tribunal (DRT), Hrishikesh Roy, Judges, Permanent Machinery of Arbitrators (PMA), R. Banumathi, Textile Law, Textile Undertakings (Nationalisation) Act, 1995, Textile Undertakings (Nationalisation) Act, 1995 with Section 4(2), Textile Undertakings (Nationalisation) Act, 1995 with Section 4(5)

Supreme Court clarifies the forum for recovery of dues in nationalized textile undertakings: UCO Bank vs. National Textile Corporation Ltd. (2020) LEGAL ISSUE: Determining the appropriate forum for resolving disputes regarding liabilities of a nationalized textile undertaking. CASE TYPE: Civil Appellate Jurisdiction Case Name: UCO Bank vs. National Textile Corporation Ltd. & Anr. Judgment Date: […]

Supreme Court clarifies the forum for recovery of dues in nationalized textile undertakings: UCO Bank vs. National Textile Corporation Ltd. (2020) Read Post »

Supreme Court Revisits Textile Nationalisation Act: Union of India vs. Nareshkumar Badrikumar Jagad (2018)

November 28, 2018 / A.M. Khanwilkar, Judges, Leases, Textile Undertakings (Nationalisation) Act, 1995, Textile Undertakings (Nationalisation) Act, 1995 with Section 3, Textile Undertakings (Nationalisation) Act, 1995 with Section 39, Transfer of Property Act, 1882, Transfer of Property Act, 1882 with Section 105

Supreme Court Revisits Textile Nationalisation Act: Union of India vs. Nareshkumar Badrikumar Jagad (2018) LEGAL ISSUE: Whether leasehold rights of textile undertakings continue to vest with the Central Government after nationalization, and the impact of the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Act, 2014 on prior court orders. CASE TYPE: Civil Law, Nationalisation, Property

Supreme Court Revisits Textile Nationalisation Act: Union of India vs. Nareshkumar Badrikumar Jagad (2018) Read Post »

Supreme Court Clarifies Vesting of Leasehold Rights in Textile Undertakings: Union of India vs. Nareshkumar Badrikumar Jagad & Ors (28 November 2018)

November 28, 2018 / A.M. Khanwilkar, Judges, Kurian Joseph, Textile Undertakings (Nationalisation) Act, 1995, Textile Undertakings (Nationalisation) Act, 1995 with Section 3, Transfer of Property Act, 1882, Transfer of Property Act, 1882 with Section 105, Transfer of Property Act, 1882 with Section 111, Transfer of Property Act, 1882 with Section 116

Supreme Court Clarifies Vesting of Leasehold Rights in Textile Undertakings Date of the Judgment: 28 November 2018 Citation: 2018 INSC 1048 Judges: Kurian Joseph, J., A.M. Khanwilkar, J. Can a review petition be filed by a third party? The Supreme Court addressed this question while also considering the impact of a subsequent amendment to the

Supreme Court Clarifies Vesting of Leasehold Rights in Textile Undertakings: Union of India vs. Nareshkumar Badrikumar Jagad & Ors (28 November 2018) Read Post »