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Hindustan Lever Employees Union Vs. Hindustan Lever Ltd. and Others

Court : Mumbai

Subject : Company

Acts : Companies Act, 1956 - Sections 81(1) and (1A), 173, 391, 391(1) and (7), 393(1), 394 and 394A

Reported in : 1994(4)BomCR465; [1995]83CompCas1(Bom); (1995)ILLJ1099Bom

the solitary control on the price of shares, viz., sanction of the Controller of Capital Issues under the Capital Issues (Control) Act, 1947, was abolished by the Government of India by repealing the said Act on May 29, 1992. Consequent on … a result of the new economic policy nearly the whole of Chapter III including section 23 has been repealed by the Amending Act, 1991. The only part of Chapter III which has remained is section 27 under … interference in appeal with the impugned order exists. Here are our reasons. 4. It is submitted by the appellants in the first four appeals and

Hindustan Lever Employees' Union Vs. Hindustan Lever Limited and other ...

Court : Supreme Court of India

Subject : CompanyMRTP

Acts : Companies Act, 1956 - Sections 77, 82, 226(3), 391(1), 393(1) and 394; Capital Issues Control Act, 1947 - Sections 81(1)(A); Foreign Exchange Regulation Act, 1973; Sale of Goods Act, 1930

Reported in : AIR1995SC470; (1995)83CompLJ30(SC); JT1994(7)SC215; 1994(4)SCALE642; 1995Supp(1)SCC499; [1994]Supp4SCR723

Counsel urged that in pursuance of this policy, on 29th May, 1992 the Government of India repealed the Capital Issues Control Act, 1947 by Ordinance No. 9 of 1992 with the result that there was no control on the issues of … hindrance to the speedy implementation of industrial projects. In pursuance of this objective, Sections 20 to 26 were repealed. Section 23 of it which empowered the Commission to examine the scheme of amalgamation or merger is no more … Ors. : (1981)ILLJ193SC . See Buckley on Companies Act, 14th Ed. P. 473 & 474 & Palmer on Company Law, 23rd Ed. para 79.16.4. Nor

Morgan Stanley Mutual Fund Vs. Kartick Das

Court : Supreme Court of India

Subject : Media and CommunicationConsumer

Acts : Consumer Protection Act, 1986 - Sections 2(1), 14

Reported in : (1994)96BOMLR933; (1995)1CALLT18(SC); [1994]81CompCas318(SC); JT1994(3)SC654; 1994(2)SCALE1121; (1994)4SCC225; [1994]Supp1SCR136; MANU/SC/0553/1994

13.1.1992 as stated in Section 1(iii) of the Security & Exchange Control Board of India Act.On 29.5.1992, the Capital Issues Control Act, 1947 was repealed.10. Mutual funds in India are regulated by SEBI pursuant to the Securities & Exchange Board of … 1994 the said order passed by the learned Sub Judge - was stayed. That was subsequently confirmed on 4th January, 1994. One Dr. Arvind Gupta filed Writ Petition No. 14 of 1994 against SEBI. In effect, he

In Re. Tata Oil Mills Co. Ltd. and in Re. Hindustan Lever Ltd.

Court : Mumbai

Subject : Company

Acts : Companies Act, 1956 - Sections 81(1A), 172, 193, 194, 391, 391(1), 391(2), 392, 393, 393(1) and 394 ; Mrtp Act - 1969 - Sections 23 and 24

Reported in : 1994(3)BomCR225; [1994]81CompCas754(Bom)

enabling foreign companies to increase their equity capital. The Prime Minister stated that after the repeal of the Capital Issues (Control) Act, 1947, and following the issue of guidelines by the Securities and Exchange Board of India, existing companies wishing to … price formula for enabling foreign companies to increase their equity capital. The Prime Minister stated that after the repeal of the Capital Issues (Control) Act, 1947, and following the issue of guidelines by the Securities and Exchange … prejudicial to the interest of the member or to the public interest. 4. Before I advert to the objections to the scheme, it is better … hereinafter referred to as 'TOMCO' and 'HLL', respectively. The petitions are under sections 391 to 394 of the Companies Act, 1956, for sanctioning a scheme

Hindustan Ferrodo Ltd., Now Known as Hindustan Composites Ltd., a Comp ...

Court : Mumbai

Subject : Property

Acts : Bombay Rents, Hotel and Lodging House Rates (Control) Act, 1947 - Sections 15A; Maharashtra Rent Control Act, 1999 - Sections 2(4), 3, 3(1), 3(3), 7, 7(3), 7(5), 7(12), 7(15), 13, 15A, 26, 58, 58(1) and 58(2); Small Causes Court Act - Sections 41; Bombay General Clauses Act, 1904 - Sections 7; General Clauses Act, 1897 - Sections 6; Uttar Pradesh (Temporary) Control of Rent and Eviction Act, 1947; Uttar Pradesh Urban Buildings (Regulation of Letting, Rent and Eviction) Act, 1972 - Sections 43; Karnataka Contract Carriages (Acquisition) Act, 1976 - Sections 31(2); Bombay Tenancy Act, 1939 - Sections 3, 3A and 4; Transfer of Property Act - Sections 106; Bombay Tenancy and Agricultural Lands Act, 1948 - Sections 31 70, 88(1), 88B, 89(2); Bombay Tenancy and Agricultural Lands (Amendm

Reported in : 2003(3)ALLMR201; 2003(5)BomCR790; 2003(4)MhLj50

the same. Meanwhile, a new Section 15A was inserted in the Bombay Rents, Hotels and Lodging Houses Rates (Control) Act, 1947, hereinafter referred to as 'the old Rent Act' and under the said Section 15A of the old Rent … limited companies as well as public limited companies having paid up share capital of rupees one crore or above and the petitioners being undisputedly a … new Rent Act, the old Rent Act was repealed without specific provision specifying the reservation of any … the appropriate notice for vacating the premises and termination of licence was issued to the petitioners by the respondents and that therefore sought eviction of … by his LRs. v. Prakash Dattatraya Tiwatane, reported in 1992 Mh.L.J. 944, while dealing with the provision of Section 4(1) of the old Rent Act has observed that: 'Mr. Naik is perfectly correct in so far as on

Residents Welfare Association Vs. The Union Territory Of Chandigarh

Court : Supreme Court of India

Subject : Land Acquisition

4(1)(f) of the 1952 Act and Sections 3, 4, 5 and 11 of the Punjab New Capital (Periphery) Control Act, 1952 and under Article 239 of the Constitution of India.11. Noticing that in spite of the repeal of … to the apartments in the Draft CMP­2031 were deleted from the Final CMP­ 2031, which was notified under Section 4(1)(f) of the 1952 Act and Sections 3, 4, 5 and 11 of the Punjab New Capital (Periphery) Control … IX. CONSIDERATION OF CITED CASES…………… Paras 78 to 91 X. CONSIDERATION OF ISSUES…………………… Paras 92 to 144 XI. ENVIRONMENTAL ISSUES………………………. Paras 145 to 152 XII. … State of Punjab. I. BACKGROUND:3. After India attained independence in the year 1947, the Government of Punjab in consultation with the Government of India approved … of the public outcry, the 2001 Rules were repealed by 1 1991 SCC OnLine P&H2452 Civil Appeal

Chintapalli Achaiah Vs. P. Gopalakrishna Reddy

Court : Andhra Pradesh

Subject : TenancyConstitution

Acts : Andhra Pradesh Buildings (Lease, Rent and Eviction) Control Act, 1960 - Sections 32; Constitution of India - Article 14

Reported in : AIR1966AP51

Bench of the Bombay High Court in Rampratap v. Dominion of India, : AIR1953Bom170 considered the validity of Section 4 (1) of the Bombay Rents Hotel and Lodging House Rates Control Act, 57 of 1947. Section 4 (1) … 24-3-1947 is not unreasonable for thepurpose of achieving the object sought by the Delhi and Ajmer Merwara Rent Control Act, 1947. Consequently Section 7-A and Schedule IV of the Act were found to be good and valid.28. In Sadhu … and to regulate the leasing of houses.'This Act repealed the Control Order of 1353 Fasli. Section 31 … services, investment in housing became naturally less remunerative and more irksome. Private capital in housing industry thus became shy. Very few new houses were being … the operation of the Act. The Chief Judge framed the following common issue in both the suits:'Whether Section 32(b) of the Act is unconstitutional, invalid

Brown Shoe Co., Inc. Vs. Commissioner

Court : US Supreme Court

Subject : Land Acquisition

by the invested capital method, for the fiscal years ended 1942 and 1943. [ Footnote 1 ] The issues arise from the payment of cash and the transfer of other property to petitioner by certain community groups … property so received were credited to surplus. Held: in determining petitioner's excess profits tax, computed by the invested capital method, for the fiscal years ended 1942 and 1943: 1. Under § 113(a)(8)(B) of the Internal Revenue Code, … nor contributions to the taxpayer's capital. We do not consider that case controlling on the issue whether contributions to capital are involved here. Because, in … would have been an oddity for Congress to make the inclusion of actual capital contributions in equity invested capital turn upon whether the transferor owned … excess profits tax provisions of the Act were repealed in 1945. 59 Stat. 556, 568. [ Footnote … 59 Stat. 556, 568. [ Footnote 2 ] Section 23(1) of the Code permits a deduction from … Co., Inc. v. Commissioner of Internal Revenue No. 445 Argued April 5, 1950 Decided May 15, 1950

NabiruddIn Ahmed Vs. Central Bank of India and ors.

Court : Guwahati

Subject : CivilBanking

Acts : Army Act, 1950; Capital Issues (Control) Act, 1947 - Sections 3; All India Services (Death-cum Retirement Benefits) Rules, 1958 - Rule 16(3); Central Bank of India Officer Employees' (Discipline and Appeal) Regulations, 1976 - Regulations 4 and 6(7); Central Bank of India Officer Employees' (Conduct) Regulations, 1976 - Regulations 3.1 and 24; Indian Penal Code (IPC) - Sections 420 and 468

1993-II-LLJ-626.In Narendra Kumar Maheshwari's case (supra), the Apex Court dealt with an issue arising out of Section 3 Capital Issues (Control) Act, 1947. In Paragraph 106 of the judgment, the Apex Court opined that since the guidelines on which the petitioner … cancelling the Circular dated July 5, 1995. If no such action has been taken by the authority for repealing this Circular, then it should be safely accepted that this is the only Circular in force on which … The said Memorandum is extracted as under:'Ref. No. R.O/UPAS : PRS:DAD: 98-99: 415March 23, 1999While posted to work as Branch Manager, Central Bank of India,

Modern BobbIn Co. Private Ltd. and ors. Vs. the Billimora Municipality ...

Court : Gujarat

Subject : Municipal Tax

Acts : Gujarat Municipalities Act, 1963 - Sections 99(1); Gujarat Municipalities (Amendment) Act, 1964; Bombay Tenancy and Agricultural Lands Act, 1948 - Sections 8, 9, 9A, 9B and 9C

Reported in : AIR1981Guj75; (1981)GLR642

to recover more than the 'standard rent'. In the instant case, Bombay Rents. Hotel and Lodging House Rates Control Act 1947, applies to Billimora so far as non-agricultural lands and buildings are concerned. However, in Devan Daulat Rai Kapoor's … municipal borough to be based on the annual letting value or the capital value or a percentage of capital value of the buildings or lands … lands and buildings. With the enactment of the Gujarat Municipalities Act, 1963, Bombay District Municipal Act, 1901, was repealed, Section 279 while repealing the Bombay District Municipal Act, 1901; provides for the effect of repeal. Sub-section (2), inter … notice, tax, fee, order, scheme, licence permission, rule, by-law, or form made, issued, imposed, or granted in respect of the said boroughs or districts and … to 5 are the owners of Survey No. 425 (Part) and Survey No. 430 (Part) of Billimora