https://www.taxtmi.com/caselaws?id=287629 The exemption clauses in the Tamil Nadu, Kerala and Andhra Pradesh Shops and Establishments Acts were interpreted to exclude establishments under the Central Government. Applying the statutory schemes of the State Bank of India Act, 1955 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, the SC treated deep and pervasive governmental control over capital, management, policy directions, appointments, regulation and liquidation as decisive. The word "under" was held to mean subordination or control, not ownership. Separate corporate personality and limited day-to-day autonomy did not alter that relationship. State Bank of India and nationalised banks were therefore treated as establishments under the Central Government for the exemption clauses. en-us Thu, 21 Apr 1988 00:00:00 +0530 Thu, 23 Apr 2020 12:19:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287629 The exemption clauses in the Tamil Nadu, Kerala and Andhra Pradesh Shops and Establishments Acts were interpreted to exclude establishments under the Central Government. Applying the statutory schemes of the State Bank of India Act, 1955 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, the SC treated deep and pervasive governmental control over capital, management, policy directions, appointments, regulation and liquidation as decisive. The word "under" was held to mean subordination or control, not ownership. Separate corporate personality and limited day-to-day autonomy did not alter that relationship. State Bank of India and nationalised banks were therefore treated as establishments under the Central Government for the exemption clauses. Case-Laws Indian Laws Thu, 21 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287629