https://www.taxtmi.com/caselaws?id=171681 The Supreme Court interpreted the exemption in Section 3(1)(b) of the Maharashtra Rent Control Act, 1999 in its legislative and economic context, holding that the class excluded from rent control protection consists of financially capable public sector entities. Applying noscitur a sociis and the statutory scheme, it found that Government companies are understood in legislative practice as part of the public sector undertaking fold. It rejected a narrow external definition of Government company as inconsistent with the Act and as creating arbitrary discrimination between similarly cash-rich public entities. Government companies under Section 617 of the Companies Act, 1956 therefore fall within "Public Sector Undertakings" and are excluded from the Act's protection. en-us Wed, 20 Aug 2008 00:00:00 +0530 Tue, 20 Dec 2016 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171681 The Supreme Court interpreted the exemption in Section 3(1)(b) of the Maharashtra Rent Control Act, 1999 in its legislative and economic context, holding that the class excluded from rent control protection consists of financially capable public sector entities. Applying noscitur a sociis and the statutory scheme, it found that Government companies are understood in legislative practice as part of the public sector undertaking fold. It rejected a narrow external definition of Government company as inconsistent with the Act and as creating arbitrary discrimination between similarly cash-rich public entities. Government companies under Section 617 of the Companies Act, 1956 therefore fall within "Public Sector Undertakings" and are excluded from the Act's protection. Case-Laws Indian Laws Wed, 20 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171681