Sick Textile Undertakings (Nationalisation) Act, 1974

Act No. 57 of 1974 In force from 01-04-1974 Ministry of Textiles 42 sections

An Act to provide for the acquisition and transfer of the sick textile undertakings, and the right, title and interest of the owners in respect of the sick textile undertakings, specified in the First Schedule with a view to re-organising and rehabilitating such sick textile undertakings so as to subserve the interests of the general public by the augmentation of the production and distribution, at fair prices, of different verieties of cloth and yarn, and for matters connected therewith or incidental thereto.

11 Supreme Court judgments considering this law. Search within these.

• Ltd. v. State Industrial & Investment Corpn. of Maharashtra
  2024 INSC 34826 April 2024Disposed of

  Suspension of legal proceedings as envisaged u/s. 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, if would extend to a suit for recovery of money even if the debt sought to be proved in the plaint has not…

• National Textile Corpn. (Dr & P) Ltd v. Bank of Rajasthan & Ors.
  2008 INSC 10928 January 2008Disposed of
• National Textile Corporation (Gujarat) v. State Bank of India and Ors.
  2006 INSC 5028 August 2006Appeal(s) allowed
• Chairman-Cum-Managing Director, National Textiles Corporation Ltd. and Ors. v. N.T.C (W.B.A.B. &.O) Ltd. Employees Union and Ors.
  2003 INSC 54614 October 2003Disposed of
• Industrial Finance Corporation of India Ltd. v. The Cannanore Spinning and Weaving Mills Ltd. and Anr.
  2002 INSC 19412 April 2002Appeal(s) allowed
• Kothandran Spg. Mills Pvt. Ltd. & Anr. v. Union of India & Ors.
  1989 INSC 9728 March 1989Dismissed
• Binod Mills Co. Ltd, Ujjain (M.P.) v. Suresh Chandra Mahaveer Prasad Mantri, Bombay
  1987 INSC 1526 May 1987Appeal(s) allowed
• Minerva Mills Ltd. & Ors. Etc. Etc. v. Union of India & Ors.
  1986 INSC 1859 September 1986Dismissed
• Rashtriya Mill Mazdoor Sangh, Nagpur v. The Model Mills, Nagpur and Anr.
  1984 INSC 17118 September 1984Appeal(s) allowed
• Maharashtra State Textile Corporation Ltd. v. The Official Liquidator and Ors.
  1978 INSC 14 January 1978Appeal(s) allowed
• National Textile Corporation and Another v. State of Maharashtra and Others
  1977 INSC 11812 April 1977Dismissed