https://www.taxtmi.com/caselaws?id=183706 A takeover of management under section 18A of the Industries (Development and Regulation) Act, 1951 is stated to be valid where a prior investigation under section 15 exists and the Government forms an opinion, on the materials before it, that the undertaking is being managed in a manner highly detrimental to public interest. The text also states that an amending order extending the takeover may be sustained under section 21 of the General Clauses Act, 1897 when made within the same statutory framework and public purpose. A challenge to the appointment of the authorised controller failed because no material showed mala fides or an improper purpose. en-us Wed, 01 May 1957 00:00:00 +0530 Sat, 18 Jun 2016 15:30:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183706 A takeover of management under section 18A of the Industries (Development and Regulation) Act, 1951 is stated to be valid where a prior investigation under section 15 exists and the Government forms an opinion, on the materials before it, that the undertaking is being managed in a manner highly detrimental to public interest. The text also states that an amending order extending the takeover may be sustained under section 21 of the General Clauses Act, 1897 when made within the same statutory framework and public purpose. A challenge to the appointment of the authorised controller failed because no material showed mala fides or an improper purpose. Case-Laws Indian Laws Wed, 01 May 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183706