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Kerala State Co-operative Agricultural And Rural Development Bank Ltd. ...
Supreme Court of India
Sep-14-2023
Direct Taxation
shall apply to a primary credit society carrying on banking business on or before the commencement of the Banking Laws (Amendment) Act, 2012, for a period of one year or for such further period not exceeding three years, as the Reserve … specified in sub-section (2), in computing the total income of the assessee. (2) The sums referred to in sub-section (1) shall be the following, namely :- (a) in the case of a co-operative society engaged in- (i) carrying
Tag this Judgment! AI Brief & AskSalem Textiles Limited Vs. Authorized Officer of Phoenix Arc Private L ...
Chennai
Apr-22-2013
Land Acquisition
the third in the year 2004 in the form of Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2004. Companies (Second Amendment) Act”25. First let us take note of what led to the Companies (Second Amendment) … of BIFR:5. 8.1 The Committee had the benefit of hearing the views of the Union Labour Secretary, Union Banking Secretary and experts representing financial institutions, commercial bodies and Indian Bankers Association on the subject. These organisations and … tabular form, the status of cases filed in the years 1987 to 2012 and which are still pending, despite a lapse of 25 years. It … of the Full Bench:- (i) Whether an action initiated in terms of Section 13(4) of the Securitisation Act, by the secured creditors, representing three-fourths in
Tag this Judgment! AI Brief & AskState Bank of India and Others Vs. State of Maharashtra, through the S ...
Mumbai
Mar-22-2016
Land Acquisition
Act specifically provides that a banking company shall not carry on any activities other than those stipulated in sub-section (1) of section 6 of the Banking Regulation Act. 9. To the utter shock and surprise of the petitioners, … of Certiorari or any other appropriate writ, order and/or direction and declare that the Maharashtra Tax Laws(Levy and Amendment)Act, 2013 insofar as it enacts the Stamp Act Amendment (Exhibit A) is ultra vires and void on account … order and/or direction to declare that the Maharashtra Act No. X of 2012 insofar as it enacts Registration Act Amendments (Exhibit B) is ultra vires
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Mr.Inder Raj Aga Vs. Union of India, Rep., by Secretary, Depa
Andhra Pradesh
Apr-24-2015
Land Acquisition
measures under the SARFAESI Act; Section 56 of the Banking Regulation Act was amended in furtherance of the Banking Laws (Amendment) Act 2012 which came into force with effect from 05.01.2013; Section 56 of the amended Banking Regulation Act specifically includes … Government Counsel for respondent No.2: Government Pleader for Cooperative Counsel for respondent No.3: Sr.K. Gopalakrishna Murty. ?. Citations: 1) II (2014) BC303(Guj.) = (2014 (1) Bankers Journal 464 2) (2007) 6 SCC2363) (2003) 9 SCC4014) (2010) 11
Tag this Judgment! AI Brief & AskMaha Ganapati Shankara Devasthana, Sirsi and Others Vs. State of Karna ...
Karnataka Dharwad
Nov-17-2015
Land Acquisition
the Karnataka Religious Institutions and Charitable Endowments (Amendment) Act, 2011 and the Karnataka Religious Institutions and Charitable Endowments (Amendment) Act, 2012, as being discriminatory, violative of Constitutional rights and are accordingly struck down in entirety. The other reliefs sought … on the diverse units before launching upon a process of adaptation of laws so as to make them reasonably uniform having regard to the special … 768, Padmasunder Rao vs. State of Tamilnadu, 2002(3) SCC 533, Punjab National Bank vs. R.L. Vaid, 2004(7) SCC 698. It is contended that the contentions … the matter of application of the Act is concerned, essentially the exclusion of maths etcetera, in terms of Section 1(4) and the exclusion of Buddhists, Jains or Sikhs in terms of Section 2(16) being in violation of Article
Tag this Judgment! AI Brief & AskM/S Anita International Vs. Tungabadra Sugar Works Maz.Sangh and Ors.
Supreme Court of India
Jul-04-2016
Company
co-operative bank pending before the date of commencement of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 under the Multi-State Co-operative Societies Act, 2002 (39 of 2002) shall be continued and nothing contained in this … order is issued to him, prefer an appeal to the Tribunal. (2) On receipt of an appeal under sub-section (1), the Tribunal may, after giving an opportunity to the appellant to be heard, and after making such inquiry … (in District Shimoga, in the State of Karnataka), on 28.9.1999.3. The State Bank of Mysore had also extended some loans to Deve Sugars Ltd.. When
Tag this Judgment! AI Brief & AskICICI Bank Limited Vs. Unimers India Limited and Others
Mumbai
Mar-07-2016
MRTP
co-operative bank pending before the date of commencement of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 under the Multi-State Co-operative Societies Act, 2002 (39 of 2002) shall be continued and nothing contained in this … facts of the case will be necessary. 4. The appellant is a banking company incorporated under the provisions of the Companies Act, 1956. It is … due to banks and financial institutions and for the matters connected therewith or incidental thereto. Sub-section 4 of section 1 is also relevant which reads thus: (4) The provisions of this Act shall not apply where the amount
Tag this Judgment! AI Brief & AskGeys Vs. Societe Generale, London Branch
UK Supreme Court
Dec-19-2012
Land Acquisition
described as "at once interdependent and oppositional": The Oxford History of the Laws of England, vol xiii (2010), p 623. This is why the common … Deakin and GS Morris, Labour Law, 6th ed, 2012, paras 5.13, 5.14). In 1963, statute intervened to … on the amount to which he is entitled by way of a termination payment under the contract. 7. Section 1 of the Handbook, in which the Bank was referred to as "SG", contained a number of additional terms … Geys, is a Belgian national. He is in dispute with his former employer, Société Générale, London Branch ("the Bank"), about the amount due to him following his summary dismissal from his employment. His case is that he … form of draft termination agreement further than as set out above, such amendments must be agreed within 28 days after the date on which your … tax or employee NICs. 3. Pension Benefits Your active membership of the SG International Pension Plan (IPP)
Tag this Judgment! AI Brief & AskPrabhakar Dattatraya Gune and Others Vs. Vishnukant Bapurao Urankar an ...
Mumbai
Aug-23-2013
Land Acquisition
excluded from the purview of the MPID Act, 1999. Equally, as noted by the Honourable Supreme Court, by Amendment Act 30 of 2003 the companies registered under the Indian Companies Act, 1956 and non banking financial companies were … Financial Establishments) Act, 1999 (for short “MPID Act, 1999”) cannot encroach or usurp the field occupied by the laws of Parliament. In his submission, the field in this case is occupied by the Reserve Bank of India … Supreme Court. The Honourable Supreme Court, by the order dated 18th July, 2012, was pleased to observe that no reason for interference was called for. … S.C. Dharmadhikari, J. 1 In all these matters, the contention that is … instance of the Reserve Bank of India in exercise of powers under Section 45MC of the Reserve Bank of India Act 1934 by the order
Tag this Judgment! AI Brief & AskBank Of Rajasthan Ltd. Vs. Vck Shares And Stock Broking Services Ltd.
Supreme Court of India
Nov-10-2022
Land Acquisition
co-operative bank pending before the date of commencement of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 (1 of 2013) under the Multi- State Co-operative Societies Act, 2002 (39 of 2002) shall be continued and … this Court in Nahar Industrial Enterprises Ltd. v. Hong Kong and Shanghai Banking Corporation,1 a suit filed by a borrower against the bank was not … and financial institutions for recovery of debts due to such banks and financial institutions. [(1A) Without prejudice to sub-section (1),- (a) the Tribunal shall exercise, on and from the date to be appointed by the Central Government, the
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