https://www.taxtmi.com/caselaws?id=103189 A law whose pith and substance is acquisition of property falls within the acquisition entry, even if it incidentally affects the management of a declared industry. The Ordinance was treated as a transfer and vesting of shares in the State Government, so section 20 of the Industries (Development and Regulation) Act, 1951 did not bar it, and the resulting impact on control was only incidental. The measure was also upheld as public-interest based, supported by evidence of operational disruption and compensation at the acquisition price. It was further held not to interfere unlawfully with pending writ proceedings or interim orders, because those orders were not final adjudications. en-us Wed, 09 Feb 1994 00:00:00 +0530 Thu, 24 Jul 2014 17:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103189 A law whose pith and substance is acquisition of property falls within the acquisition entry, even if it incidentally affects the management of a declared industry. The Ordinance was treated as a transfer and vesting of shares in the State Government, so section 20 of the Industries (Development and Regulation) Act, 1951 did not bar it, and the resulting impact on control was only incidental. The measure was also upheld as public-interest based, supported by evidence of operational disruption and compensation at the acquisition price. It was further held not to interfere unlawfully with pending writ proceedings or interim orders, because those orders were not final adjudications. Case-Laws Companies Law Wed, 09 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103189