https://www.taxtmi.com/caselaws?id=35449 Expansive vesting language in a nationalisation statute was construed to transfer not only the textile undertaking itself but also assets and interests connected with it. The Court treated expressions such as "pertaining to", "in relation to" and "arising out of" as words of expansion, and held that lump-sum compensation provisions did not limit the scope of vesting. On that basis, equity shares held for the benefit of the textile business and connected immovable properties vested in the National Textile Corporation. The Court also refused production of Cabinet notes and related departmental files, holding them protected by constitutional privilege and not necessary for construing the statute. en-us Fri, 12 Feb 1988 00:00:00 +0530 Wed, 14 May 2014 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35449 Expansive vesting language in a nationalisation statute was construed to transfer not only the textile undertaking itself but also assets and interests connected with it. The Court treated expressions such as "pertaining to", "in relation to" and "arising out of" as words of expansion, and held that lump-sum compensation provisions did not limit the scope of vesting. On that basis, equity shares held for the benefit of the textile business and connected immovable properties vested in the National Textile Corporation. The Court also refused production of Cabinet notes and related departmental files, holding them protected by constitutional privilege and not necessary for construing the statute. Case-Laws Service Tax Fri, 12 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35449