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Mar 26 2012

Dunlop India Limited Vs. Madura Coats Limited

Court : Kolkata

Decided on : Mar-26-2012

Subject : Land Acquisition

of the company being wound up, be deemed a fraudulent preference of its creditors and be invalid accordingly. Section 53 of the Transfer of Property Act defines fraudulent transfer. Sub-section (1) of Section 53 of such Act prescribes … total amount of about Rs.26 crore, including workmen’s wages in excess of Rs.1 crore and gratuity as per actuarial valuation in excess of Rs. 9 crore. In another affidavit filed by the company through Ashok Kumar Agarwal … thereof in or about the year 2005. During the following financial year, 2006-07, a series of measures was adopted by the new management of the

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Mar 26 2012

Viability Study (Te Vs. ) Report by Tata Economic Consultancy Services

Court : Kolkata

Decided on : Mar-26-2012

Subject : Land Acquisition

of the company being wound up, be deemed a fraudulent preference of its creditors and be invalid accordingly. Section 53 of the Transfer of Property Act defines fraudulent transfer. Sub-section (1) of Section 53 of such Act prescribes … total amount of about Rs.26 crore, including workmen’s wages in excess of Rs.1 crore and gratuity as per actuarial valuation in excess of Rs.9 crore. In another affidavit filed by the company through Ashok Kumar Agarwal affirmed … thereof in or about the year 2005. During the following financial year, 2006-07, a series of measures was adopted by the new management of the

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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

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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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 inferior officers by multimember agencies. Pp. 31-33. 537 F. 3d 667, affirmed in part, reversed in

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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 Vice-Chancellor, but for reasons that were expressed in rather different terms. 53. In discussing money purchase schemes in general, Jonathan Parker LJ observed (paras … 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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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 … see also Lord Walker, at paras 49 “ 53, below. In short, the regulatory returns which a … ("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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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 … have applied the standard established in Firestone and Glenn . Pp. 13-14. 535 F. 3d 111, reversed and remanded. Roberts, C. J., delivered the opinion

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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 … Anti-Injunction Act did not apply. See Thomas More, 651 F. 3d, at 539-540 (CA6); Seven-Sky, 661 F. 3d, at 5-14 (CADC). 2 We appointed H.

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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

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Aug 14 2012

Chhattisgarh State Power Distribution Co. Ltd., Raipur Rep. by Its Sup ...

Court : Appellate Tribunal for Electricity APTEL

Decided on : Aug-14-2012

Subject : Education

the Tariff Order for the FY 2005-06. On 17.02.2006 the Tariff Regulations, 2006 were issued which came into effect on 1.03.2006. The Tariff Orders for … the Pension and Gratuity Fund Trust has been more than the payments made to the pensioners. Further, no actuarial valuation of the fund has been carried out Pay Commission were announced, due to which the fund requirements … burdened by unfunded contributions of the past. The State Commission ought to have allowed the amounts that were actually provided for, or paid or allowed, whichever was higher, for each of the years so that the fund … expenditure. 12.4 Let us first discuss the jurisdictional issue. 12.5 According to Section 131 of the Electricity Act, 2003, with effect from the effective date … ARR less the revenue gap comes to Rs. 5364 crores. The State Commission has decided the average

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