https://www.taxtmi.com/caselaws?id=172392 A statute taking over the management of textile undertakings pending nationalisation was held to be a finite, transitional measure and therefore protected by Article 31A(1)(b). The Court read the Act's long title, preamble and scheme as showing an interim public-interest takeover of management, not an indefinite transfer of ownership. The inclusion of the mills in the statutory schedule was upheld because economic legislation enjoys a presumption of constitutionality and wider legislative latitude, and the classification had a rational relation to rehabilitation and nationalisation. The Article 19(1)(g) challenge also failed, as protection under Article 31A(1)(b) barred it and the management takeover was not unreasonable. en-us Mon, 01 Jan 2001 00:00:00 +0530 Thu, 20 Aug 2015 16:58:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172392 A statute taking over the management of textile undertakings pending nationalisation was held to be a finite, transitional measure and therefore protected by Article 31A(1)(b). The Court read the Act's long title, preamble and scheme as showing an interim public-interest takeover of management, not an indefinite transfer of ownership. The inclusion of the mills in the statutory schedule was upheld because economic legislation enjoys a presumption of constitutionality and wider legislative latitude, and the classification had a rational relation to rehabilitation and nationalisation. The Article 19(1)(g) challenge also failed, as protection under Article 31A(1)(b) barred it and the management takeover was not unreasonable. Case-Laws Indian Laws Mon, 01 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172392