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Jul 05 2016

Mahipal Singh Rana Vs. State of U.P.

Court : Supreme Court of India

Decided on : Jul-05-2016

Subject : Land Acquisition

Etiquettes and Ethics) Regulations, 2002, National Council for Teacher Education Act, 1993, Cost and Works Accountants Act, 1959, Actuaries Act, 2006, Gujarat Professional Civil Engineers Act, 2006, Representation of Peoples Act, 1951, containing provisions for disqualifying a person from … ….Appellant VERSUS State of Uttar Pradesh ....Respondent JUDGMENT ANIL R. DAVE, J.1. The present appeal is preferred under Section 19 of the Contempt of Courts Act, 1971 (hereinafter referred to as “the Act”) against the judgment and … sending the reference and he could have tried the appellant under Section 228 of the Indian Penal Code and the procedure prescribed under Code of

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Jul 23 2009

Reshma Kumari and ors. Vs. Madan Mohan and anr.

Court : Supreme Court of India

Decided on : Jul-23-2009

Subject : Motor Vehicles

Acts : Motor Vehicles Act, 1939 - Sections 110B; Motor Vehicles Act, 1988 - Sections 92A, 110A, 140, 163A, 166 and 168; Workmen's Compensation Act, 1923; Actuaries Act, 2006; Statement of Objects and Reasons to Act, 1994

Reported in : JT2009(10)SC90; RLW2010(1)SC361; 2009(10)SCALE90:2009AIRSCW6999; (2009)13SCC422

have to be met entirely out of the relevant portion of the lump sum.29. The Parliament enacted the Actuaries Act, 2006. However, its activities are little known. We do not know whether any Actuarial Society has come into effect. … and mother of the deceased filed a claim petition before the Motor Accident Claims Tribunal, New Delhi, under Sections 110A and 92A of the Act.By an award dated 13th July, 1992 the Tribunal awarded a sum of … out to Rs. 1250 per month leaving a balance of Rs. 3500-1250=Rs. 2250 per month. This amount can be taken as the monthly loss to

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Nov 28 2013

City of Cape Town Municipality Vs. South African Local Authorities Pen ...

Court : South Africa Supreme Court of Appeal

Decided on : Nov-28-2013

Subject : Land Acquisition

the Registrar, an amended version of the resolution was submitted in May 2006 and approved by the Registrar in terms of s 12(4) of the … rules. In terms of rule 4.2.2.2, the rate of the employers contribution is subject to review at each actuarial investigation ” ordinarily every three years. [8] Rule 4.5 provides that if at any time the balances in … in which the court a quo dismissed an appeal in terms of s 30P of the Pension Funds Act 24 of 1956 (the Act) against a determination of the Acting Pension Funds Adjudicator (the Adjudicator). The appeal … Adjudicator). The appeal is with the leave of the court a quo. Section 30P of the Act provides that a party who is aggrieved by

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Jul 05 2011

itc Ltd. Vs. State of Uttar Pradesh and ors.

Court : Supreme Court of India

Decided on : Jul-05-2011

Subject : Civil

Acts : The U.P. Urban Planning And Development Act 1973 - Sections 41, 12, 7, 14, 30, 6, 19, 9, 18; Transfer of Property Act 1882 - Section 4; Contract Act - Sections 20, 21

as per the NOIDA Development Area Building Regulations and Directions, 1986 and 2006 (published in the Gazettes dated 01.12.1986 and 05.12.2006 respectively), hotels fall under … simply taking the aggregate of the `loss' over the future period as today's loss. There are well recognised actuarial methods to calculate the present value of a future loss. In fact, this is clearly recognized by NOIDA … Gautam Budh Nagar, Uttar Pradesh. The said Authority was constituted under the provisions of the U.P.Industrial Area Development Act, 1976 (`Act' for short) for development of an Industrial and Urban Township of Noida in Uttar Pradesh, neighbouring … 22.5.2007 directing the state government to exercise its power of revision under section 41(3) of the U.P. Urban Planning & Development Act, 1973 (for short

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Oct 14 2008

Rajshree Sugars and Chemicals Limited Rep. by Its Director and Chief O ...

Court : Chennai

Decided on : Oct-14-2008

Subject : CommercialContract

Acts : Contract Act, 1872 - Sections 23, 24, 30 and 31; Recovery of Debts Due to Banks and Financial Institutions Act, 1993 - Sections 2, 17, 18 and 19(6) to 19(11); Specific Relief Act, 1963 - Sections 3, 37 and 41; Banking Regulation Act, 1949 - Sections 6(1), 6(2) and 35A; Specific Relief Act, 1887 - Sections 41 and 56; SARFAESI Act; Gaming Act, 1845 - Sections 18; Gaming (Amendment) Act, 1892; Bombay Forward Contracts Control Act; Forward Contracts (Regulation) Act, 1952; Securities Contracts (Regulation) Act, 1956 - Sections 2 and 18A; Reserve Bank of India Act, 1934; Foreign Exchange Regulation Act, 1973 - Sections 73(3); Foreign Exchange Management Act, 1999 - Sections 47(2); Reserve Bank of India (Amendment) Act, 2006 - Sections 45U, 45V, 45V(1), 45V(2), 45W and 45X; Civil Proc

Reported in : 2008BusLR908; 2009(1)CTC227; (2008)8MLJ261

ago. The pricing of the deals, follows a scientific pattern on the basis of Financial Mathematics. Just as Actuaries scientifically determine the value of insurance risks and the premium payable, Financial Mathematicians (or Portfolio Managers) evaluate the … with some options and then proceed to introduce exotic features/options. 94. Thereafter, the Reserve Bank of India (Amendment) Act, 2006, was passed, legitimising the transactions in derivatives, with retrospective effect, with the introduction of Chapter III-D in the … said Schedule, the clause relating to 'Governing Law and Jurisdiction' found in Section 13(b) of the Master Agreement was replaced with the following provisions:With respect … entered into by the said P.K.Viswanathan on behalf of the plaintiff on 22.6.2007 with the UTI Bank. The structure of the deal was as follows:(i)

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Mar 25 2015

M/S Wipro Limited Vs. The Deputy Commissioner of Income Tax

Court : Karnataka

Decided on : Mar-25-2015

Subject : Direct Taxation

same having not been expended during the current assessment - 189 - year and the assessee not following actuarial method of accounting?.” [Question of law No.25 in ITA Nos.907 & 909/2008; Question of law No.21 in ITA … on 30.10.2001 disclosing a total income of Rs.135,51,15,000/- after claiming deduction under Section 10A of the Income Tax Act (for short, hereinafter referred to as the ‘Act’) to the extent of Rs.620,17,27,569/-.4. The case for assessment year … of Punjab and others v. Chhabra Rice Mills and others reported in 2006(60) Kar.L.J.222 (SC) held, interpreting Sec.2(i) of the Punjab General Sales Tax Act, … on 16.8.2005 calling for certain details and the compliance was fixed on 22.8.2005. The assessee-company also had international transactions with Associated Enterprises, which were referred

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Feb 09 2009

S. Sundaram, Vs. Icici Bank Limited Rep. by Its Chairman and Managing ...

Court : Chennai

Decided on : Feb-09-2009

Subject : ServiceCivil

Acts : Banking Regulations Act - Sections 5; Electricity (Supply) Act, 1948 - Sections 60; Industrial Disputes Act - Sections 10; Minimum Wages Act; Factories Act; Air (Prevention and Control of Pollution) Act, 1981; Water (Prevention and Control of Pollution) Act, 1974; Constitution of India - Articles 19(1), 21, 31(1) and 226; Central Civil Services Pension Rules, 1972 - Rule 55A; Bank of Madura Employees' Pension Regulations, 1995 - Regulations 9 and 39; Indian Bank Voluntary Employees' Pension Regulations, 1995 - Regulation 28

Reported in : (2009)8MLJ1119

v. Management and Anr.)(v) : 2005(2)CTC55 (Nadar Sangam v. RBI and Ors.)(vi) 2006 (1) CTC 776 (Nadar Sangam v. RBI and Ors.)(vii) : (2006)11SCC634 (S. … in mind the complexities involved in calculations and the cost impact it is decided to engage a reputed Actuarial Firm to help the Bank in arriving at appropriate decision. It is expected that by the end of … amalgamation of BoM with ICICI came into effect with the sanction of RBI as per the Banking Regulations Act.3. On 29-06-2001, the representatives of BoM Association and ICICI Bank worked out an agreement to facilitate the integration … long service, which cannot be taken away - Electricity (Supply) Act, 1948, Section 60(e) 2005 WLR 820 (cited supra)22. When the above consistent ratio of

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Feb 11 2014

Western Electricity Supply Company of Orissa Ltd. (Wesco) and Others V ...

Court : Appellate Tribunal for Electricity APTEL Appellate Jurisdiction

Decided on : Feb-11-2014

Subject : Land Acquisition

light of the judgment of the Tribunal in Appeal nos. 77 of 2006 and batch and 52 of 2007 and batch and also the findings … this Tribunal was inter alia pleased to find in para 20 to 22 of the Judgment that the Distribution Loss Targets set by the Commission … Employees Cost (Actuarial valuation of Terminal Benefits) (i) In the impugned Order the Orissa Commission has adopted the actuarial valuation done by the Commission in the year 2009 and projected the requirements of the terminal benefits found … 20.03.2013 passed by the Orissa Electricity Regulatory Commission (in short, Orissa Commission) under Section 111 of the Electricity Act, 2003 in case no. 104 of 2012, 105 of 2012 and 106 of 2012 respectively, inter-alia determining the

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Jul 27 2011

Houldsworth and Another (Respondents) Vs. Bridge Trustees Limited and ...

Court : UK Supreme Court

Decided on : Jul-27-2011

Subject : Land Acquisition

that the Member's VIP Interest was converted into pension using tables of factors periodically supplied by the Scheme actuaries and (as allowed for by article 8.1.5) paid direct from the Scheme; this is what is referred to … taken an unusual course. They began as Part 8 proceedings commenced in 2006 by Bridge Trustees Ltd ("the Trustee"), the independent corporate trustee of the … those continuing to accrue final salary benefits. In addition, new joiners after 22 April 1992 accrued benefits exclusively by reference to the MoneyMatch section of … take the scheme outside the statutory definition of "money purchase benefits" in section 181 of the Pension Schemes Act 1993 ("PSA 1993") as applied for the purposes of section 73 of the Pensions Act 1995 ("PA 1995").

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Jun 24 2010

Free Enterprise Fund Vs. Public Company Accounting Oversight Bd.

Court : US Supreme Court

Decided on : Jun-24-2010

Subject : Land Acquisition

cause.” 10 U. S. C. §10505(a)(3)(A) Office Within Department Statutory Removal Provision 32 Department of Defense: Board of Actuaries “A member of the Board may be removed by the Secretary of Defense only for misconduct or failure … periodically published by the Office of Personnel Management and last published in 2006. See 72 Fed. Reg. 16154-16251 (2007); §3132(b)(4). Given the Federal Government’s size … Public Company Accounting Oversight Board, was created as part of a series of accounting reforms in the Sarbanes-Oxley Act of 2002. The Board is composed of five members appointed by the Securities and Exchange Commission. It was … 200 , 212-213. These considerations point against any limitation on review here. Section 78y provides only for review of Commission action, and petitioners’ challenge is … courts. See, e.g., 28 U. S. C. §§1331, 2201. Nor does it do so implicitly. Provisions for

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