https://www.taxtmi.com/caselaws?id=168855 Properties excluded from a 1966 lease were not shown, by that exclusion alone, to have ceased to form part of the textile undertaking or to be unconnected with it. Once the properties were found to belong to the sick textile undertaking, the statutory takeover provisions applied to them. The properties were therefore 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. en-us Wed, 10 Sep 1986 00:00:00 +0530 Tue, 31 Mar 2015 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168855 Properties excluded from a 1966 lease were not shown, by that exclusion alone, to have ceased to form part of the textile undertaking or to be unconnected with it. Once the properties were found to belong to the sick textile undertaking, the statutory takeover provisions applied to them. The properties were therefore 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. Case-Laws Indian Laws Wed, 10 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168855