1992 (9) TMI 115

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....us that the dispute between the Government Department and the Public Sector Undertaking of the Union of India has been settled. In that view of the matter no further action is necessary on the petition. 2. In his report the Cabinet Secretary has stated : I would also like to state that the Government respects the views expressed by this Honourable Court and has accepted them that public undertakings of Central Government and the Union of India should not fight their litigation in Court by spending moneys on fees on counsel, court fees, procedural expenses and wasting public time. It is in this context that the Cabinet Secretariat has issued instructions from time to time to all Departments of the Government of India as well as to publ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....pect a quarterly report about the functioning of this system to be furnished to the Registry beginning from 1st January, 1992. 6. Our direction may be communicated to every High Court for information of all the courts subordinate to them. " 3. The assessee being a bank and part of the Government of India after nationalisation, we cannot proceed with the appeal in the absence of the clearance from the Committee as envisaged by the Supreme Court. The Ld. counsel for the assessee, Dr. D. Pal, submitted that the decision expressed only a pleasure or directive of the Supreme Court and that the assessee which was under the control of the Reserve Bank of India is not a public sector undertaking. Therefore, there was no bar on our hearing the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ittee, further stay of the demand by us is not considered necessary. The reasons are very clear. The view expressed by the Hon'ble Supreme Court in the case of Oil & Natural Gas Commission has not only been given due respect, but accepted by the Central Government, as reported by the Cabinet Secretary to the Hon'ble Supreme Court that the Public Undertakings of Central Government and the Union of India should not fight their litigation in Court by spending moneys on fees on counsel, court fees, procedural expenses and waste public time. The Cabinet Secretary further issued instructions from time to time to all the Departments of the Government of India as well as to Public Undertakings of the Central Government to the effect that all disput....