Balco Employees Union (Regd.) V. Union Of India: Case Analysis

Jun 16th, 2015
Studypool Tutor
Boise State University
Course: general
Price: $25 USD

Tutor description

Disinvestment of a company basically means the action of an organization or government selling or liquidating an asset or subsidiary. It is also known as “divestiture“. It may also be a reduction in capital expenditure, or the decision of a company not to replenish depleted capital goods.

Word Count: 3371
Showing Page: 1/9
Balco Employees Union (Regd.) V. Union Of India: Case AnalysisINTRODUCTION *Anjani Nandan1Disinvestment of a company basically means the action of an organization or government selling or liquidating an asset or subsidiary.It is also known as "divestiture". It may also be a reduction in capital expenditure, or the decision of a company not to replenish depleted capital goods.ThusDisinvestment refers to the sale or liquidation of an asset or subsidiary of anorganization or equity and bond capital by the government to the private sector.It also implies the sale of government's loan capital in PSUs through securitization. However, it is the government and not the PSUs who receive money from disinvestment.In the BALCO Disinvestment case, Supreme Court considered the complex questions relating to effect of disinvestment on the employees and workers and whether the questions of policy and administrative matters and decision can be heard by Supreme Court. The Supreme Court delivered a very elaborate, exhaustive and thoughtful opinion on various issues related to the aspects of disinvestment. Through this article I have tried to analyze in brief the concept of disinvestment, discuss the case and relate it with the aspects of company law.FACTS OF THE CASE:The decision of the Government of India to disinvest M/s Bharat Aluminum Company Limited, popularly known as BALCO w

Review from student

Studypool Student
" Awesome! Exactly what I wanted. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1824 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors