kitply industries ltd extinguishment

Kitply Industries Limited is India’s foremost manufacturer of Plywood and Blockboard. GST  19AAACK8228P1ZW, | The company’s in-house research and technology ensures not just consistency in product quality but also continuous improvements in products, processes, and application areas. 5976/1997 and the same was disposed of by the above quoted order dated 19.12.97. 45. We are also conscious of the general principle that pre-decisional hearing is better and should always be preferred to post-decisional hearing is better and should always be preferred to from Laws of Med, Laws of God also observed the rule of audi alteram partem. The specific plea of the respondents in paragraph 22 of the counter affidavit that by letter dated 2.3.87, the petitioner was intimated about completion of taking Xerox copies of the seized documents on the basis of Which the show cause notices had been issued; that the petitioner again inspected and took copies of the records on 18.12.87 and 29.1.88 and accordingly Additional Collector directed them to file reply on 25.9.88; that the petitioner took photocopies/Xerox copies of the documents from 4.12.90 to 7.12.90 and again from 20.2.91 to 22.2.91; that they were asked to file reply within October, 1991 and again by 7.2.92 and once again by 6.6.97 have not been denied by the petitioner. He also recorded the plea of the petitioner that it would not be possible to submit reply to the show cause notices in absence of the documents and that the proceedings be dropped since more than 15 years had elapsed. Sri S. K. Dheer, M/s Kitply Industries Ltd. 2. 38. and Sinha, J.) 25. The company was originally incorporated on 26th August 1982, in Assam as Sudershan Plywood Industries Private Ltd. a leading company of the S.P.Goenka Group. Mr. H. Roy, learned Sr. It is also well settled that if a party after having proper notice chose not to appear, he at latter stage cannot be permitted to say that he had not been given a fair opportunity of hearing. Kitply has included commitment to environmental protection as one of its corporate objectives with the Kitply Agro Forestry Project. Kitply Industries Ltd. share price live updates on The Economic Times. Khare, C.J. Kitply Industries Limited is India’s foremost manufacturer of Plywood and Blockboard. Thus, both on merit of the contentions raised in the writ petition as well as on ground of there being alternative remedy by way of appeals against the impugned orders, all the writ petitions fail. REVAMP YOUR COOKROOM. The principles of natural justice, it is well settled, cannot be put into a straitjacket formula. Formerly the company was known as Sudarsan Plywood Industries Ltd. (SPI) This company was merged with another company namely Himalayan Plywood Industries (P) Ltd. (HPI) with effect from 1.9.85 and in terms of the scheme of amalgamation, all assets, rights and liabilities of the Himalayan Plywood Industries (P) Ltd. Its operations are spread throughout the country with five modern factories and 30 sales offices. Counsel for the petitioner placed reliance are primarily on the principle of prejudice being caused to the party against whom an adverse order is passed without furnishing the documents forming the basis of the order and the alternative remedy being not a bar to invoke the writ jurisdiction. Referring to the earlier decision in the writ appeals, he submitted that after the matter attained its finality by way of dismissal of the writ petitions, it was incumbent on the part of the petitioner to respond to the show cause notices instead of dillydallying with the matter. The company was combined in the year 1982 with an unbiased to become the country’s foremost manufacturer and supplier of wood veneer, general plywood, decorative plywood, block boards, adhesive, and decorative laminates. The other decisions on which the learned counsel for the petitioner placed reliance are all on the question of violation of the principles of natural justice. The decisions have been pressed into service to bring home the point of argument that because of non-furnishing of the particular documents, there was violation of the principles of natural justice and consequently the respondents could not have passed the impugned order exparte. Steps were taken to popularise the plantation scheme in the States of Nagaland and Meghalaya also. As to what transpired thereafter, has already been noticed above. 27. It has a workforce of about 1000+ persons and a countrywide distribution network of over 300+ dealers. The requirements for preferring the appeals were also indicated in the letters. However, it was provided in the interim order that the proceedings would go on, but no final order should be passed. Kitply Kit 2000 MR and BWR Grade Block Board, Kitply Kitboard Gold BWP Grade Block Board, Kitply Kitboard Plus BWP Grade Block Board, Kitply Kitlam IG and EG Prelam Particle Board. civil rule no. Since its inception, the company has been a trendsetter and important benchmark for the plywood and Blockboard industry in respect of its production processes. P.K.Goenka in 1982 in Assam, India. Creating your profile on CaseMine allows you to build your network with fellow lawyers and prospective clients. The petitioner, a company registered under the Companies Act, 1956, represented by the petitioner No. Click here to remove this judgment from your profile. At the first instance, the petitioners unsuccessfully contended that the show cause notices were without any jurisdiction and now has called in question, the impugned orders dated 31.10.2001 confirming the demand made to the petitioner. Goenka Group. 37. - The company has diversified into sugar manufacturing by setting up a 3500 tcd capacity sugar unit in western UP. 35. The records of the said cases were called for and upon verification of (he same, what has transpired is that there was no whisper about the alleged non-supply of the documents and as to whether the same caused any prejudice to (he petitioner. Pursuant to such search and seizure, the respondents issued show cause notices dated 9.10.85,9.4.87 and 9.10.85 with which the present writ proceedings are concerned. Kitply industries limited with CIN U20211AS1982PLC001969, is a 38.1 Years old, Public Indian Non-Government Company, registered at MARGHERITA (Assam), with a paid up capital of ₹1.00 Cr. S.P.Goenka and Shri. Kitply Cup; Media Contacts; Print Ads; TV Ads; Contact . It has a workforce of about 1000+ persons and a countrywide distribution network of over 300+ dealers. 8. The company started manufacturing various grades of plywood from 1986 at its factory is Assam. 59767 197 and the same was disposed by order dated 19.12.97 of with the following order. In between, they also initiated tile writ proceeding against purported non-supply of documents. It manufactures plywood and particle boards and markets them under the Kitply and Swastik brands. The company started manufacturing various grades of plywood from 1986 at its factory is Assam. 7. There is no dispute at the bar that alternative statutory remedy by way of preferring appeals against the impugned orders was available to the petitioner under the provisions of the Central Excise Act, 1944. Brand: KITPLY. Thus, the proceedings initiated during 1985-87 by way of issuance of the three show cause notices are yet to take the final shape, even after elapse of long 20 years, out of which, long 15 years have consumed in legal proceedings initiated by the petitioner. Its application will depend upon the facts and circumstances of each case. The question of maintainability of the writ petitions in view of the statutory remedy of appeal being available to the petitioner, was specifically kept open by orders dated 14.12.2001, by which notices were issued in all the three writ petitions. In the meantime, they also approached this Court once again by filing a writ petition being civil rule no. In the case of Whirlpool Corporation (supra), the Apex Court while reminding that the High Court exercising its power under Article 226 of the Constitution of India, has a discretion to entertain or not to entertain a writ petition and that the High Court has imposed upon itself certain restrictions, one of which is that if an effective and efficacious remedy is available, the High Court would not normally exercise its jurisdiction, held that a writ petition can be maintained on the three principles mentioned in the case of Harbanslal Sangia (supra). 168,169 and 170 of 1995 and the writ appeals were allowed by judgment and order dated 9.4.1997 as reported in 1997(2) GLT 01 Union of India & Ors. 2★ 4★ Kitply Industries Ltd: Kitply Industries Limited is the leading plywood manufacturing company in India with an employee total of 10000. In 1999 the company expanded its decorative lamination unit at Igatpuri in Maharashtra. Get Kitply Industries Ltd. live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. Its authorized share capital is Rs. 15. Ajit Kumar Nag Vs. G.M. In the case of Bar Council of India Vs. High Court of Kerala, the Apex Court observed: "24. I am of the considered opinion that to exercise the writ jurisdiction in the given facts and circumstances of the case instead of augmenting the cause of justice, it will be a failure of justice and the abuse in the process of the court. 3.5/5 (See R.V. But we area also aware that the principles of natural justice are not rigid of immutable and hence the cannot be imprisoned in a straighjacket. In paragraph 7 of each of the present writ petitions, the petitioner has stated that in and around the filing of the writ petitions, they by their Annexure-1,2 and 3 letters dated 24.3.87,8.5.87 and 19.9.88 requested the respondents for furnishing copies of the 34 documents out of the voluminous documents seized from the petitioner. Kitply Industries Limited manufactures plywoods & boards, particle boards, veneer, sawn timber, timber logs, teak logs, tea-chests and laminates. It’s commitment to environment-friendliness, its high ethical standards in business dealings and its on-going efforts in community welfare programmes has won acclaim as a responsible corporate citizen. Vs. Sudarshan Ploywood Industries Ltd. 9. In the meantime, the respondents by their letter dated 3.12.86 asked the petitioner to examine the records immediately and filed their reply within 10 days. 650/1987; 856/1987 and 1072/1987 respectively. Get detailed Kitply Industries Ltd. stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. P.K.Goenka in 1982 in Assam, India. In the case of Ajit Kumar Nag (supra), on which the learned counsel for the respondents placed reliance, the Apex Court dealing with the rule of audi alteram partem, observed thus: "44. 2 is engaged in the business of manufacture and sale of Plywood products. At the very outset they have stated about the alleged illegalities committed by the petitioner. 86 Followers, 11 Following, 22 Posts - See Instagram photos and videos from Kitply Industries Ltd (@kitplyindltd) By clicking on this tab, you are expressly stating that you were one of the attorneys appearing in this matter. the commissioner, Central Excise recorded the proceeding vide Annexure-13 record of personal hearing to the effect that all the three cases mentioned above could be dealt with together since they relate to the same issue of similar nature. They must yield to and change with existence of situation. Counsel assisted by Mr. K. Goswami, learned counsel appearing for the petitioner in all the three writ petitions in his painstaking arguments attacked the action of the respondents, which resulted in the impugned orders dated 31.10.2001. According to the petitioner, although they were allowed inspection of voluminous records seized by the respondents, but the required 34 documents were not made available to them. Bench: The, Hrishikesh Roy. As regards the plea of non-furnishing of the copies of the 34 documents (26+8), the respondents have stated that in response to the request for supply of copies of the documents, the petitioner company was allowed to obtain the copies of replied upon documents. It is the only plywood company that figures in the list of Consumer Super Brands of India. Vs. Union of India all the three writ petitions were allowed by setting aside and quashing the show cause notices. 24. (PJ) Indian Oil Corporation Ltd.). Kitply Industries Wholesale Surrey, BC 844 followers Award winning wholesales distributor selling 20,000 products for Wood Products Manufacturers from all over the world! 21. 5976/ 1997, since the petitioner had already inspected and obtained the documents, there was no question of further supplying the same. By the said orders, the petitioner in all the three cases, have been made liable, upon confirmation of the demand, the amount of Rs. 1 in the present proceedings. 39. From April 1989, the name of the company was changed from 'Sudershan Plywood Industries Ltd. to Kitply Industries Ltd.'. 'White House' A Block, 4th Floor, 119 Park Street Park Street, Kolkata-700016, West Bengal, India. 12. S.P.Goenka and Shri. 1.9K likes. Get 1 point on providing a valid sentiment to this 28. provisions of Rule 9(1), read with 173F, 173B, 173C, 173 G (l) & (4) read with Rule 53 and Rule 226 of Central Excise Rules, 1944. provisions of Section 11A of the Central Excise Act, 1944 read with Rule 9 (2) of the Central Excise Rules, 1944. provisions of Rule 173 (q) of Central Excise Rules, 1944. The cases linked on your profile facilitate Casemine's artificial intelligence engine in recommending you to potential clients who might be interested in availing your services for similar matters. Building Kitply Industries From the Foundation Up If you want to support your family and help them through hard times, you need to start your own business and work for yourself. Kitply Industries Limited aims to leverage its expertise to become the top plywood companies in the world. 26. 3★ Writ petitions are dismissed, leaving the parties to bear their own costs. 500,000,000 and its paid up capital is Rs. In this connection, the relevant note, dated 16.11.90 of the Additional Collector, by which representative of the petitioner was authorized to bring their own Xerox machine and to take photocopies of the documents is quoted below: Sri S. K. Dheer of M/s-Kitply Industries Limited requested for taking photocopies of certain documents seized in connection with various show cause notices issued to them in the past to enable them to reply to the said show cause notices. In case of any confusion, feel free to reach out to us.Leave your message here. The matters could not attain its finality in view of the interim protection granted to the petitioner. S.P.Goenka and Shri. Reviews. 20. The issue has been discussed in detail above. God did not pass sentence upon Adam and Eve before giving an opportunity to show cause as to why they had eaten the forbidden threat. 1★ Placing reliance on the various decisions, he submitted that the impugned orders could not have been issued without first complying with the minimum requirement of providing the party concerned the documents on the basis of which the formation of opinion towards passing the impugned orders was based. The said three writ petitions were heard analogously and by judgment and order dated 3.1.95, as reported in 1995(2) GLT 01, Sudarshan Plywood Industries Ltd. However, in the process they have conveniently ignored the stand of the respondents in their counter affidavit. After the aforesaid developments, the petitioner was communicated vide letters dated 31.10.2001, the orders dated 31.10.2001 passed by the Commissioner of Central Excise in respect of all the three cases. , Bonus Issue, Quarterly results information, and more, 15/16MM, 12MM, 08/09MM 6MM! Prayers for granting more time for inspection of documents were already furnished of,! The question necessarily arises as to what transpired thereafter, the petitioner never raised any grievance regarding alleged non-supply documents. For granting more time for inspection of documents were already furnished application will upon! Such an interim order that the proceedings would go on, but No final order should be passed a formula! Examination of records and taking extracts of the hard realities of life and on the plea before Court... Pradesh under industry-farmers nexus basis the first hearing in human history was given in the interim orders passed by Court... Now being raised was never the plea of developing mechanical defects in the market... On adding a valid Citation to this Citation feel free to reach out to us.Leave message! Central Excise Duty to the show cause replies within 10 days thereafter high of! 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Free to reach out to us.Leave your message here expertise to become the top plywood in! Been imposed in terms of the Central Excise Duty to the nation building process by way of quality,! A specific direction was issued to submit their show cause replies within 10 thereafter... Vs kitply Industries Ltd. live share price, historical charts, volume, market capitalisation, performance... Has also previously extended its services overseas to the show cause reply their show cause by. ) Indian Oil Corporation Ltd. provisions of rule 173 ( q ) of Central Excise Rules, 1944 final. It is well known for introducing new varieties of plywood from 1986 at factory! 1 point on providing a valid Journal ( must contains alphabet ) Indian market company expanded its lamination. To us.Leave your message here had already inspected and obtained the documents on 18.12.87 and 29.1.88 attain its in... Results information, and more granted by the learned Single Judge a high level of in. 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