Supreme Court · 1978 INSC 1 · Decided 4 January 1978

Maharashtra State Textile Corporation LTD. v. The Official Liquidator and ORS.

Court
Supreme Court of India
Citation
1978 INSC 1 · [1978] 2 S.C.R. 499
Case number
CIVIL APPEAL No. 777/1975
Decided
4 January 1978
Bench
S. MURTAZA FAZAL ALI, JASWANT SINGH (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil

Headnote

Sick Textile Undertakings (Taking over of Managen1ent) Act, 1972- S. 8, Scope of-Construction of the words "winding up" occurring in Sec. 8- .Sick Textile Undertakings (Nationalisation) Act, 1974 S. 35, rlw S. 2(l)(a), Scope of-Effect of tile interini order of this Court dt. 28-9-1973 original company known "1S R. B. Bansilal Abhir Chand Spinning and Weaving Mills (P) Ltd., .Hinganghat (Maharashtra). The said company was ordered to be \Vound up by an order dated 1-10-1965 and an official Liquidator was appointed. -On 3-2-1967, a lease for the running of the mill was taken

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