Supreme Court · 1997 INSC 690 · Decided 14 October 1997
Mahesh Kumar Saharia v. State of Nagaland and ORS.
- Court
- Supreme Court of India
- Citation
- 1997 INSC 690 · [1997] SUPP. 4 S.C.R. 458
- Case number
- CIVIL APPEAL No. 3423/1984
- Decided
- 14 October 1997
- Bench
- A.S. ANAND, K. VENKATASWAMI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Industries (Development and Regulation) Act, 195/-Sections 20, 2 & Sch.-/ Item 36(1)-Nagaland Forest Products Ltd. (Acquisition of Shares) Act, 1982, Sec. 3-Acquisition of Shares of the Company by the State Govt. amounted to acquisition of ownership of the Company-Legislative Competence of was incidental to the· ownership and not a take-over of the management or control of the Company-Hence, it did not fall within the mischief of Sec. 20 of the Central Act which is concerned only with the D control and management of the undertaking and not with its ownership. E The appellant
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