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Reshma Kumari and ors. Vs. Madan Mohan and anr.
Supreme Court of India
Jul-23-2009
Motor Vehicles
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
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 … x 12 = 45,87616,70313.1999-006,42,49564,2504205 x 12 = 5046013,79014.2000- 016,56,28565,6284625 x 12 = 5550010,12815.2001-026,66,41366,6415087 x 12 = 610445,59716.2002-036,72,01055,7615595 x 12 = 6714013,37917.2003-046,58,63152,9606154 x 12 - 7384821,55818.2004-056,37,47450,9986769
Tag this Judgment! AI Brief & AskGovt of Delhi and Others Vs. North Delhi Power Ltd. and Others
Delhi
Aug-31-2015
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). … paragraphs 52 to 56 and has then set out the three issues which arose for determination in paragraph 55 followed by an analysis of the distinction between concepts of resignation, voluntary retirement and superannuation, in paragraphs 58
Tag this Judgment! AI Brief & AskHouldsworth and Another (Respondents) Vs. Bridge Trustees Limited and ...
UK Supreme Court
Jul-27-2011
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 … purchase scheme) is relevant. He referred to the legislative history (in paras 55 to 59 of the case) only as a fallback position. The first … 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").
Tag this Judgment! AI Brief & Ask18-section briefs on any result in this list
Ntpc Ltd. Vs. Uttar Pradesh Power Corporation
Central Electricity Regulatory Commission CERC
Nov-30-2006
Land Acquisition
an increase in expenditure to the extent of 55% in the year 2002-03, over the expenses for … 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
Tag this Judgment! AI Brief & AskConkright Vs. Frommert
US Supreme Court
Apr-20-2010
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 … exceptions. This Court held in Metropolitan Life Ins. Co. v. Glenn , 554 U. S. ___, ___, that a plan administrator operating under a systemic
Tag this Judgment! AI Brief & AskPhilips Electronics India Limited and anr. Vs. the Workmen of Philips ...
Mumbai
Mar-21-2007
Labour and Industrial
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
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 … under:Employees who have not attained the age of 55 years as on 1st November 2001 will be … 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
Tag this Judgment! AI Brief & AskScottish Widows plc (Appellant) Vs. Commissioners for Her Majesty's Re ...
UK Supreme Court
Jul-06-2011
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 … device or, as Lord Walker says in para 55, an abstraction. It was created for accounting purposes … ("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
Tag this Judgment! AI Brief & AskChhattisgarh State Power Distribution Co. Ltd., Raipur Rep. by Its Sup ...
Appellate Tribunal for Electricity APTEL
Aug-14-2012
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 … crores which after adjustment of surplus of Rs. 556 crores from previous years would still leave a
Tag this Judgment! AI Brief & AskNational Federation of Independent Business Vs. Sebelius
US Supreme Court
Jun-28-2012
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 … also Raich, 545 U. S., at 22; Lopez, 514 U. S., at 557; Hodel v. Virginia Surface Mining & Reclamation Assn., Inc., 452 U. S.
Tag this Judgment! AI Brief & AskTelecommunications Employees Association of Manitoba Inc. and Others V ...
Canada Supreme Court
Jan-30-2014
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
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