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Will A Company Become State Instrumentality Under Article 12 If Its Shares Are Held By PSUs? Supreme Court To Consider
LIVELAW NEWS NETWORK
3 May 2024 10:28 AM IST
The Supreme Court has agreed to examine the question whether a company in which the shares are held by various Public Sector Undertakings, would be an instrumentality of the State, under Article 12 of the Constitution.The issue arose in a petition filed by the Kerala Industrial and Technical Consultancy Organisation (KITCO) challenging a judgment of the Kerala High Court that KITCO would...
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