NATIONAL TEXTILE CORPORATION(SM) vs ASSOCIATED BUILDING COMPANY .

The Supreme Court upheld the judgment of the High Court in Writ Petition No. 270/84, affirming that the management of the Tata Mills Limited was validly taken over by the Central Government under Section 4 of the Textile Undertakings (Taking Over of Management) Act, 1983. The Court ruled that the Tata Mills Limited had no legal right to occupy any part of 'Bombay House' after ceasing to make payments in April 1982, and thus the petitioners' claim for a writ of mandamus was dismissed. The decision clarified the implications of the Act regarding the management of textile undertakings and the rights of the parties involved.