https://www.taxtmi.com/caselaws?id=102553 The court dismissed both writ petitions challenging the privatisation of Tamil Nadu Steels Ltd., upholding the decision as a policy matter taken in public interest. The court found the privatisation legal, not violating constitutional or statutory provisions, and emphasized that it was not amenable to judicial review. It was noted that employees' rights would be safeguarded under existing laws, and the privatisation aimed to benefit the public by reducing the burden on public resources and promoting new industries. en-us Thu, 25 Aug 1994 00:00:00 +0530 Wed, 15 Feb 2012 12:58:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102553 The court dismissed both writ petitions challenging the privatisation of Tamil Nadu Steels Ltd., upholding the decision as a policy matter taken in public interest. The court found the privatisation legal, not violating constitutional or statutory provisions, and emphasized that it was not amenable to judicial review. It was noted that employees' rights would be safeguarded under existing laws, and the privatisation aimed to benefit the public by reducing the burden on public resources and promoting new industries. Case-Laws Companies Law Thu, 25 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102553