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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 … 7 units. Thus the share per unit works out to Rs. 3500/7=Rs. 500 per month. It can thus be assumed that Rs. 1000 was spent

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Jan 30 2014

Telecommunications Employees Association of Manitoba Inc. and Others V ...

Court : Canada Supreme Court

Decided on : Jan-30-2014

Subject : Land Acquisition

that the transfer of assets from the Old Plan to the new pension plan would be reviewed by actuaries retained by the employee unions and an actuary retained by MTS, as well as the Old Plans actuary. … for pension plans (A.R., vol. VIII, at p. 39). Between 1997 and 2006, the CANSIM rate was more stable but on average lower than the … Those funds would be used to pay for 50 percent of the plans liabilities to its plan … pension rights transferred to a new pension plan. The assets included a $43.364 million œactuarial surplus?. [2] An actuarial surplus occurs in a typical defined benefit pension trust fund when the assets in the trust fund exceed … 67 ultimately became the Reorg. Act. The Bill provided, in the only section devoted to employee benefits, that plan members would be deemed to consent

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Aug 31 2015

Govt of Delhi and Others Vs. North Delhi Power Ltd. and Others

Court : Delhi

Decided on : Aug-31-2015

Subject : Land Acquisition

302, Indian Globe Chambers, 142, Fort Street, Off D.N. Road, Fort, Mumbai, incorporated under Section 3 of the Actuaries Act (which was enacted and received assent of the President on 27.8.2006 and was brought into force on 8.11.2006). … learned Single Judge in the writ petitions filed by the respondent No.1 in LPAs No.722/2013, 45/2014, 46/2014, 48/2014, 50/2014, 54/2014, 178/2014 and 179/2014, in which orders the learned Single Judge has simply held that in view of

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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 … 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 … 19. We did not rely on that reasoning in New York. See 505 U. S., at 169-170. Nor could we have. While the Court quoted

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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 … lease deed, lease rent would be enhanced by 50% of the annual rent payable at the time … 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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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 … with socio-economic requirements of the Constitution.(d) 2004 SCC L&S; 214 (cited supra)Conditions of service - Alteration of

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Feb 11 2015

Dr. R. Kannan Vs. Union of India and Anr.

Court : Delhi

Decided on : Feb-11-2015

Subject : Land Acquisition

Rs.30,84,355/-. The demand/recovery notice was issued because as per the respondent no.2 the petitioner was not entitled to actuarial allowance of Rs.65,000/- per month from the date of his appointment on 18.12.2006 till it was paid for … Rs.30,84,355/-. The demand/recovery notice was issued because as per the respondent no.2 the petitioner was not entitled to actuarial allowance of Rs.65,000/- per month from the date of his appointment on 18.12.2006 till it was paid for … the petitioner is a statutory appointment which is made in terms of Section 4 of the Insurance Regulatory and Development Authority of India Act, 1999

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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 … the Company undertook to make payments called VIP Match. These started at 50% of VIP Contributions for a member with less than two years' service, … 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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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 … 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 … Karmachari Sangha and Dimakuchi Tea Estate 1958 LLJ 500. He has also relied upon the judgements which

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Apr 20 2010

Conkright Vs. Frommert

Court : US Supreme Court

Decided on : Apr-20-2010

Subject : Land Acquisition

Halifax Packing Co. v. Coyne , 482 U. S. 1 , 11 (1987). Indeed, a group of prominent actuaries tells us that it is impossible even to determine whether an ERISA plan is solvent (a duty imposed … approach that has come to be known as the “phantom account” method. Respondents challenged that method in an action under the Employee Retirement Income Security Act of 1974 (ERISA). The District Court granted summary judgment for the … complicated. (The one at issue here runs to 81 pages, with 139 sections.) We held in Firestone Tire & Rubber Co. v. Bruch , 489 … is “an enormously complex and detailed statute,” Mertens v. Hewitt Associates , 508 U. S. 248 , 262 (1993), and the plans that administrators must

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