It is reported that Calcutta High Court Justice Nadira Patherya has directed Coal India Limited to complete the process for the takeover of Mining & Allied Machinery Corporation Limited by June 2008.As directed by the High Court, CIL deposited a bank guarantee of INR 75 crore for the purpose of preparing the groundwork for reopening of MAMC. CIL had filed a petition seeking time for such reopening, which was allowed by the court. The matter will next appear on June 9th 2008.Earlier, in October 2007, CIL and Damodar Valley Corporation got the permission from Calcutta High Court to take steps for taking over MAMC, to run it as a going concern.
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About Me
- Kamal Kumar Pandey (Adv. Supreme Court of India)
- Lawyer Practising at Supreme Court of India. Court Experience: Criminal, Civil & PIL (related to Property, Tax, Custom & Duties, MVAC, insurance, I.P.R., Copyrights & Trademarks, Partnerships, Labour Disputes, etc.) Socio-Legal: Child Rights, Mid Day Meal Programme, Sarva Shiksha Abhiyaan, Women Rights, Against Female Foeticide, P.R.Is, Bonded Labour, Child labour, Child marriage, Domestic violence, Legal Literacy, HIV/AIDS, etc. Worked for Legal Aid/Advise/Awareness/Training/Empowerment/Interventions/Training & Sensitisation.
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