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
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)