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

Court : Supreme Court of India

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

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

Court : Supreme Court of India

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 … 41, 43, 44, 45, 46, 47, 49, 50, 51, 53 and 58 of the Uttar Pradesh Urban … 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

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

Court : UK Supreme Court

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 … fund, includes transfer (whether from other assets of the company or otherwise). Section 83A(1), which was inserted by section 51 of and paragraph 16 of Schedule 8 to the Finance Act 1995 and amended by paragraph 6 of

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

Court : UK Supreme Court

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 … (if there is a fall in capital value during the relevant period). 51. The Vice-Chancellor also accepted KPMG's submission (para 54) that the statutory definition … 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").

Conkright Vs. Frommert

Court : US Supreme Court

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 … but do not “tell the entire story.” Varity Corp. v. Howe , 516 U. S. 489 , 497. Trust law does not resolve the specific

National Federation of Independent Business Vs. Sebelius

Court : US Supreme Court

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 … pre-2010 coverage with the expanded coverage required by the ACA.” Post, at 51; see also post, at 38. But it would certainly not be that … 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

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

Court : Mumbai

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

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

Court : Canada Supreme Court

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 … 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 … 11, 248 Man. R. (2d) 31, at para. 518). Should the parties be unable to settle how

Ntpc Ltd. Vs. Uttar Pradesh Power Corporation

Court : Central Electricity Regulatory Commission CERC

Subject : Land Acquisition

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 … 9.00% 9.00%Interest on loan 91 81 71 61 511D PFCIV loanGross loan-Opening 2022 2022 2022 2022 2022Cum.repaymentsupto

Premaraj M.a. vs the Union of India

Court : Kerala

AMRITHA, TC 40/1201, ODAMKUZHY, THIRUVAMALA P.O., THIRUVANANTHAPURAM- 695006. (DATE OF RETIREMENT 31/03/2019.) 51 SOLOMON M.K., AGED 69 YEARS S/O. O. KUNJAPPY, SHALOM, CGRA-8, CONTINENTAL GARDENS, … on the provisions of Regulation 28 and 29 of Exhibit P2 draft regulation, it is contended that the actuarial valuation is to be conducted before each periodical review after the Pension Scheme is implemented and that there … ofthe 1st respondent which is a non-banking financial institution incorporated under Section 3 of the State Financial Corporations Act, 1951 (hereinafter referred to as the Act). It is submitted that the employees of the 1 st respondent