TaxTMI Login
AI Drafter - (New and Powerful) ✕
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Just a moment...
AI Drafter - (New and Powerful) ✕ Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
Issues: Whether the properties excluded from the lease granted in 1966 could still be taken over as part of the sick textile undertaking.
Analysis: The exclusion of the properties from the lease did not by itself show that they ceased to belong to, or were unconnected with, the textile undertaking. Once the property was found to be property of the textile undertaking, the statutory provisions governing takeover applied to it.
Conclusion: The properties were liable to be taken over under Section 4(1) read with Section 4(3) of the Sick Textile Undertakings (Taking Over of Management) Act, and the writ petition failed.
TaxTMI 
