earlier
years. Pursuant to the corporate debt restructuring of the subsidiary
company, NTADCL, done by the banker, M/s IDBI, as part of such
exercise ... lenders had to write off the loans given to NTADCL.
The accrued income of the assessee in terms of interest on the loans
advanced
Directors of New Tirupur Area Development Corporation Limited (hereinafter referred to as NTADCL), in a meeting held on 13.2.1997, resolved to approve the term sheet ... kept in an escrow account by IL & FS on behalf of NTADCL.
(g) After the approval by the Board of Directors for USAID Borrowing
that category to M/s.New Tirupur Area Development Corporation Limited [NTADCL]. According to the 1st respondent, as there was doubt about the applicability ... held that the 1st respondent has entered into 4 different contracts with NTADCL for implementing Tirupur Water supply project and that the four contracts were
Annexure, which reads as follows:
1.Share Holders of NTADCL
Investor
Rs. in Crores
1.Tamilnadu Water Investment Company Ltd.(TWICL)
105
2.AIDEC Fund
Tirupur Area Development
Corporation Limited (NTADCL),
66, Appachi Nagar, Main Road,
Kongu Nagar, PO
Tirupur 641 607. .. Appellant in
both appeals
following locations:
Sampling Locations of River
1. River Cauvery at NTADCL Water Intake Point, Erode
2. River Cauvery at the upstream of Pitchaikaranpallam Odai mixing
dated 05.08.2024 passed by the second
respondent herein vide RoC/CBE/SKS/NTADCL/2024 and quash the same
as arbitrary, illegal and discriminatory and consequently ... release the charge created on the Assets of the
Company i.e. NTADCL, for the above stated Charge id
and sign the CHG-4 form
Committee
headed by the
District
Collector,
Tirupppur.
Moreover,
Surface Water
gets from
NTADCL
(L&T)
6. The operation of R5 unit which figures
2009 between the New Tiruppur Area Development Corporation Limited (NTADCL) versus Tmt.K.Poomani and others is pending in the Court and while taking
13202 & 13707 of 2019
New Tirupur Area Development Corporation Ltd.,
(NTADCL)
Rep. by its Company Secretary,
Mr.S.Ramasundaram .. Petitioner
Vs.
1. Union
