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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 … enrollment of a person as an advocate. Only other relevant provision under which action could be taken is Section 35 for proved misconduct. It is further stated that though the High Court directed the Bar Council of Uttar

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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. … use of an appropriate multiplier. Let us illustrate: X, male, aged about 35 years, dies in an accident. He leaves behind his widow and 3 … 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

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Apr 05 2007

Assistant Commissioner of Income Vs. Asea Brown Boveri Ltd.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Apr-05-2007

Subject : Direct Taxation

Reported in : (2007)11TTJ(Mum.)502

v. ITO 20 BCAJ 232 and a recent order dt. 24th Feb., 2006 of the Mumbai Bench of this Tribunal in Wockhardt Ltd. v. Asstt. … him, the liability of the assessee for contribution to the gratuity fund has to be ascertained on an actuarial basis. He contends that the payment has been made soon after the ascertainment of such liability and, therefore, … the disallowance of a sum of Rs. 62,26,739 being guest house expenses under Section 37(4) of the IT Act. It is submitted that the expenditure of Rs. 62,26,739 includes expenditure on rent, rate, taxes, insurance and depreciation … (xv) Walchandnagar Industries Ltd., unreported order dt. 22nd Nov., 2004 ITA No. 3568/Mum/1998;Rakshak Chemicals (P)Ltd. v. Jt. CIT ITA Nos. 1527/Ahd/2001, 1514 and 1743/Ahd/2002; (xviii)

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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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Nov 30 2006

Ntpc Ltd. Vs. Uttar Pradesh Power Corporation

Court : Central Electricity Regulatory Commission CERC

Decided on : Nov-30-2006

Subject : Land Acquisition

loan-Opening 700 700 700 700 700Cum.repaymentsupto prev. year 35 105 175 245 315Net loan-Opening 665 595 525 … UPSEB and provision is made each year for all the employees (in service as well as retired) through actuarial valuation. Provisions/payments made during 2004-05 was Rs. 2.78 crores and total provision made by the petitioner as on … of moratorium period of loan in respect of Bonds, depreciation proportionate to the loan has been considered as actual repayment of loan. (d) Annual repayment of actual loan has been used to calculate normative repayment of loan. … by the petitioner as per IA 53/2005 are given hereunder:Particulars 2004-05 2005-06 2006-07 2007-08 2008-09Interest on loan 3784 3083 2379 1653 894Interest on WorkingCapital 1664 … Rs./KL 13550.00Weighted Average Price of Coal Rs./MT 1466.89Rate of Energy Charge from Section Fuel Oil Paise/kWh 4.74Heat Contributed from SFO kCal/kWh 34.58Heat Contributed from Coal

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Mar 21 2007

Philips Electronics India Limited and anr. Vs. the Workmen of Philips ...

Court : Mumbai

Decided on : Mar-21-2007

Subject : Labour and Industrial

Acts : Industrial Disputes Act, 1947 - Sections 2, 2A, 2(S), 10(1) and 12(5); Maharashtra Recognised Trade Union and Prevention of Unfair Labour Practices Act; Income Tax Act, 1961; Constitution of India - Article 226

Reported in : 2007(3)ALLMR500; 2007(6)BomCR441; (2007)IILLJ786Bom

compensation. It is also alleged that the company assured the union about replacement of well known firm of Actuaries having long standing and established links with the company. Reference has been made to the promise given in … issue rendered by the Court below vide its order dated 30th September, 2006 is sought to be quashed and set aside. The Industrial Tribunal, Mumbai … of introducing the Scheme would be totally frustrated. 35. The contention that the employees opted for VRS … the employees concerned in the proceeding are covered under the ambit of 'Workman' as per provisions of I.D. Act? (ii) Whether the grievance made on behalf of the employees is an 'Industrial dispute'? (iii) Whether the second … its order dated 12th April, 2005. Jurisdiction of the State Govt. Under Section 10(1) read with 12(5) of the Industrial Disputes Act, 1947 (for short

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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 … of the office”); Wiener v. United States , 357 U. S. 349 , 356 (1958) (describing for-cause

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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 … powers do not extend to money purchase schemes (PA 2004, section 126(1)). 35. Part 6 of PA 2004 consists of a single section, section 286, … 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 28 2012

National Federation of Independent Business Vs. Sebelius

Court : US Supreme Court

Decided on : Jun-28-2012

Subject : Land Acquisition

States for Medical Assistance Programs. Commonly known as the Medicaid Act, Subchapter XIX filled some 278 pages in 2006. Section 2001 of the ACA would add approximately three pages. [ 19 ]      Congress has broad authority to … The examples of other congressional mandates cited by Justice Ginsburg, post, at 35, n. 10 (opinion concurring in part, concurring in judgment in part, and … IV); Dept. of Health and Human Services, Centers for Medicare and Medicaid Services, C. Truffer et al., 2010 Actuarial Report on the Financial Outlook for Medicaid, p. 20.      Nor will the expansion exorbitantly increase state Medicaid

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Jul 06 2011

Scottish Widows plc (Appellant) Vs. Commissioners for Her Majesty's Re ...

Court : UK Supreme Court

Decided on : Jul-06-2011

Subject : MRTP

of Session, and now before this Court, creates a risk of getting lost in a labyrinth of abstractions. Actuaries, accountants and lawyers are trying to converse in the same language, but it is not easy going. It … Customs ("the Revenue") as to the tax consequences. 36. On 11 October 2006 the Company and the Revenue joined in making a referral to the … the whole of the Company's issued share capital. 35. The Society's assets included large holdings of equities … ("the Company") and Her Majesty's Revenue and Customs ("HMRC") under para 31 of Schedule 18 to the Finance Act 1998: [2010] CSIH 47, 2010 SLT 885, 2010 STC 2133. The question that was referred to the Special … form 40 must be taken as falling within the scope of either section 83(2) or section 83(3) of the Finance Act 1989, as substituted by

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