SC: Ex-Contract Workers Must Be Preferred When Employers Replace Contract Labour With Regular Staff  ||  SC: Waqf Tribunals Cannot Hear Claims over Properties Not Listed or Registered under Waqf Act  ||  Supreme Court: Stray Dog Attacks on Beaches Adversely Impact Tourism  ||  Chhattisgarh HC: Court Employees Cannot Enroll as Regular LLB Students in Breach of Service Rules  ||  Kerala HC: Telling Someone to "Go Away And Die" in Anger Does Not Amount to Abetment of Suicide  ||  Kerala HC: High Courts Work On Holidays; Denying Compensatory Leave To Officers Violates Art. 229  ||  Del HC: Probationers are ‘Workmen’ under ID Act; S.17B Wages not Recoverable if Termination Upheld  ||  Supreme Court: Confession Without Corroboration Cannot Form the Basis of Conviction  ||  SC: Higher Land Acquisition Compensation to Some Owners Cannot Invalidate Awards to Others  ||  SC: Prior Written Demand is Not Mandatory For an Industrial Dispute to Exist or be Referred    

Hindustan Motors Ltd. v. Board of Industrial and Financial Reconstruction - (High Court of Delhi) (28 Sep 2015)

Hindustan Motors continues to roll on its last cylinder

MANU/DE/2860/2015

SICA

Hindustan Motors was granted reprieve against an order of the Board for Industrial and Financial Reconstruction restraining it from disposing of its assets without the consent of the Board. The Court noted that HM was not given an opportunity to be heard prior to the Board’s injunction and no formal order was passed; only a printed notice was issued at the hearing. The Board’s order preventing HM from disposing of its property without consent was quashed.

Relevant : Section 22A Sick Industrial Companies (Special Provisions) Act, 1985 Act U.P. State Sugar Corpn. Ltd. vs. U.P. State Sugar Corpn. Karamchari Assn. and Ors. MANU/SC/0723/1995

Tags : HINDUSTAN MOTORS   SICK   COMPANY   FORMAL ORDER  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved