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    <title>1986 (4) TMI 289 - HIGH COURT OF KARNATAKA</title>
    <link>https://www.taxtmi.com/caselaws?id=101572</link>
    <description>Territorial jurisdiction may be founded where communications relating to takeover, amendment of the industrial licence, and refusal to endorse the change were addressed to the petitioner at its registered office, and the relevant impact was felt there. For industrial licensing, &quot;owner&quot; may mean the party exercising ultimate control over the undertaking under an operative sale arrangement and possession, so substitution of the petitioner&#039;s name in the licence was warranted despite a pending specific performance suit, subject to that suit&#039;s result. Once the change in ownership was recognised, the consequential entitlement to the prescribed quota of imported oil followed, with supply directed under the governing rules and arrears left to be considered separately.</description>
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    <pubDate>Thu, 24 Apr 1986 00:00:00 +0530</pubDate>
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      <title>1986 (4) TMI 289 - HIGH COURT OF KARNATAKA</title>
      <link>https://www.taxtmi.com/caselaws?id=101572</link>
      <description>Territorial jurisdiction may be founded where communications relating to takeover, amendment of the industrial licence, and refusal to endorse the change were addressed to the petitioner at its registered office, and the relevant impact was felt there. For industrial licensing, &quot;owner&quot; may mean the party exercising ultimate control over the undertaking under an operative sale arrangement and possession, so substitution of the petitioner&#039;s name in the licence was warranted despite a pending specific performance suit, subject to that suit&#039;s result. Once the change in ownership was recognised, the consequential entitlement to the prescribed quota of imported oil followed, with supply directed under the governing rules and arrears left to be considered separately.</description>
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      <pubDate>Thu, 24 Apr 1986 00:00:00 +0530</pubDate>
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