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    <title>2006 (9) TMI 557 - Supreme Court</title>
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    <description>A revoked electricity licensee&#039;s employees had no enforceable right to absorption by the Board after takeover of the undertaking under the Indian Electricity Act, 1910. The statutory scheme governing revocation, purchase and vesting did not impose a contractual, statutory or equitable duty to transfer employees, and no promise, assurance or settled practice established legitimate expectation. The Court also noted that automatic transfer of employees does not ordinarily follow transfer of an undertaking, and equitable considerations could not compel absorption where administrative and financial constraints militated against it. Earlier fact-specific or interim directions did not create a general right to continued employment.</description>
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    <pubDate>Fri, 22 Sep 2006 00:00:00 +0530</pubDate>
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      <title>2006 (9) TMI 557 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=184537</link>
      <description>A revoked electricity licensee&#039;s employees had no enforceable right to absorption by the Board after takeover of the undertaking under the Indian Electricity Act, 1910. The statutory scheme governing revocation, purchase and vesting did not impose a contractual, statutory or equitable duty to transfer employees, and no promise, assurance or settled practice established legitimate expectation. The Court also noted that automatic transfer of employees does not ordinarily follow transfer of an undertaking, and equitable considerations could not compel absorption where administrative and financial constraints militated against it. Earlier fact-specific or interim directions did not create a general right to continued employment.</description>
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      <pubDate>Fri, 22 Sep 2006 00:00:00 +0530</pubDate>
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