Supreme Court · 2006 INSC 198 · Decided 4 April 2006

Punjab State Industrial DEV. CORPN. LTD. v. P.N.F.C. Karamchari Sangh and ANR.

Court
Supreme Court of India
Citation
2006 INSC 198 · [2006] 3 S.C.R. 751
Case number
CIVIL APPEAL No. 1392/2003
Decided
4 April 2006
Bench
ARUN KUMAR, R.V. RAVEENDRAN (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Companies Act Section 446

Headnote

Companies Act, 1956-Section 446-Companies (Court) Rules, 1959- Rule 9-Company Court-Powers of. qua a company-in-liquidation-Held: A B Company Court not empowered to fasten liability of the company-in-liquidation towards its workers on Appellant, a distinct and separate corporation and C a third Order-Note made by State Chief Minister-Held: Is not an order of the State Government-Hence, not binding-Order of State Government is issued in a prescribed manner and the note cannot be treated as one. D PNFC, a company promoted by Appellant-State Industrial Corporation was wound up

Search related judgments

Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)