https://www.taxtmi.com/caselaws?id=187930 Coal mine property vested in a government company under the Coal Mines (Nationalisation) Act, 1973 was held to belong to that company in its own right as a separate legal entity. Reading Sections 3, 5 and 11 together, the Court treated the statutory vesting and management rights as transfer to the company, not continued Union ownership. As a result, the property was not exempt from municipal tax under Section 127-A of the M.P. Municipalities Act, 1961, because the Article 289-based claim that it remained Union property was inapposite. The municipal levy was upheld. en-us Tue, 12 Jan 1999 00:00:00 +0530 Fri, 11 Nov 2016 18:02:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187930 Coal mine property vested in a government company under the Coal Mines (Nationalisation) Act, 1973 was held to belong to that company in its own right as a separate legal entity. Reading Sections 3, 5 and 11 together, the Court treated the statutory vesting and management rights as transfer to the company, not continued Union ownership. As a result, the property was not exempt from municipal tax under Section 127-A of the M.P. Municipalities Act, 1961, because the Article 289-based claim that it remained Union property was inapposite. The municipal levy was upheld. Case-Laws Indian Laws Tue, 12 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187930