https://www.taxtmi.com/caselaws?id=106995 Closure and rehabilitation decisions for a sick industrial undertaking must reflect consideration of all relevant revival materials and independent application of mind to statutory factors, including public and workers' interests; on the facts discussed, the closure and rehabilitation orders were quashed and revival reconsideration directed. A separate challenge to a voluntary separation circular failed because the circular had been issued pursuant to governmental directions, and its validity was not affected merely because it was signed by a subordinate management officer. en-us Fri, 16 Mar 2001 00:00:00 +0530 Fri, 16 Mar 2012 18:45:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106995 Closure and rehabilitation decisions for a sick industrial undertaking must reflect consideration of all relevant revival materials and independent application of mind to statutory factors, including public and workers' interests; on the facts discussed, the closure and rehabilitation orders were quashed and revival reconsideration directed. A separate challenge to a voluntary separation circular failed because the circular had been issued pursuant to governmental directions, and its validity was not affected merely because it was signed by a subordinate management officer. Case-Laws Companies Law Fri, 16 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106995