<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>1994 (8) TMI 296 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=170075</link>
    <description>A notice under Section 29 can satisfy natural justice if it clearly warns the borrower that default by the stated date will lead to takeover of the factory premises, so a separate show-cause notice is not necessarily required. The Court also noted that the borrower&#039;s representation should ordinarily be considered before the Corporation resorts to the drastic step of taking possession, but fairness depends on the facts and the offer made here was found unreasonable. On that basis, the Section 29 action was not treated as vitiated for want of a separate notice.</description>
    <language>en-us</language>
    <pubDate>Thu, 18 Aug 1994 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 16 May 2015 11:02:41 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=385116" rel="self" type="application/rss+xml"/>
    <item>
      <title>1994 (8) TMI 296 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=170075</link>
      <description>A notice under Section 29 can satisfy natural justice if it clearly warns the borrower that default by the stated date will lead to takeover of the factory premises, so a separate show-cause notice is not necessarily required. The Court also noted that the borrower&#039;s representation should ordinarily be considered before the Corporation resorts to the drastic step of taking possession, but fairness depends on the facts and the offer made here was found unreasonable. On that basis, the Section 29 action was not treated as vitiated for want of a separate notice.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Thu, 18 Aug 1994 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=170075</guid>
    </item>
  </channel>
</rss>