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K.Periyasamy Vs. Shriram Chits Tamil Nadu Pvt. Ltd.

Court : Chennai

Subject : Land Acquisition

has repaid the chit amount for about 14 installments. Thereafter, the petitioner has committed default. Hence, under the Chit Funds Act, 1982, the matter has been referred to the Deputy Registrar of Chits. Notice has been issued to the petitioner. … person authorised by him when acting under section 46." 19.Rules 52, 53, 54 and 55 of the Chit Funds Rules, 1984 are extracted hereunder, "52.Procedure … R Being aggrieved by the order made in Ar.O.P.No.20 of 2011 dated 04.08.2012, rejecting an application filed under Section 34 of the Arbitration and Conciliation Act, 1996, to set aside the award passed by Chits Arbitrator Deputy

Forum For Peoples Collective Efforts (fpce) Vs. The State Of West Beng ...

Court : Supreme Court of India

Subject : Land Acquisition

Constitution Bench dealt with the question as to whether the Kerala Chitties Act, 1975 became repugnant to the Chit Funds Act, 1982 enacted by Parliament on the date when the Parliamentary legislation received the assent of the President or subsequently, … respect to regulation and development under the control of the Union”. Entry 54 of the Union List deals with “regulation of mines and mineral development … the parties. 59 - Punishment (1) If any promoter contravenes the provisions of 59 - Punishment for non- section 3, he shall be liable to a penalty which may for non-registration registration under extend up to ten

Smt. P Prathiba Vs. M/s. Avenue Super Chits (p) Ltd.,

Court : Karnataka

Subject : Land Acquisition

beyond limitation. 1615. The counsel for the appellants brought to notice of this Court Section 71 of the Chit Funds Act, 1982 wherein it is clear that every order passed by the Registrar or the nominee under Section 68 or … also in the office of Gram Panchayath having jurisdiction over the village in accordance with Order XXI Rule 54(2) of CPC along with Order 21 Rule 67(2) of CPC hence, without which, the proclamation of sale is

Gangadharan Vs. Mohanan

Court : Kerala

Subject : Commercial

Acts : Kerala Chitties Act, 1975 - Sections 39

Reported in : IV(2004)BC135; 2004(2)KLT507

a decree for its recession. Thus it can be seen that Section 55(6) itself creates a charge. In Chit Funds Act, 1982 (Central Act) there is a similar provision in Section 43 which reads as hereunder:'43. Subscribers' dues to be … discontinued chitty transaction - held, non priced subscription not returned. - LAND ACQUISITION ACT, 1894 [C.A. No. 1/1894 Section 54; [V.K. Bali, CJ, Kurian Joseph & K. Balakrishnan Nair, JJ] Appeal Court fee payable Held, Court fee is

J. Rama Krishna Vs. M/S Shriram Chits Pvt. Ltd., Rep. by Its

Court : Andhra Pradesh

Subject : Education

the other hand, the learned counsel appearing for the first respondent- D.Hr submits that Section 90 of the Chit Funds Act, 1982 (herein after referred to as the "Central Act") repealing the A.P.Chit Funds Act (A.P. Act 9/1971) provides that

State of Uttaranchal Vs. M/S. Kumaon Stone Crusher

Court : Supreme Court of India

Subject : Right to Information

of the Constitution, List III Entry 7 pertains to contracts including special forms of contracts. The Parliament enactment, Chit Funds Act, 1982 and State legislature Kerala Chitties Act, 1975, the subject being under concurrent list, in paragraph 27, the Court … that 1957 Act is enacted by the Parliament in reference to Entry 54 of List I of Seventh Schedule of the Constitution of India. It … Pradesh, State of Uttarakhand and State of Madhya Pradesh is in question. 3. In exercise of power under Section 41 of Indian Forest Act , 1927 (hereinafter referred to as “1927 Act) rules have been framed by

Assam Roller Flour Mills Association and ors. Vs. State of Assam and o ...

Court : Guwahati

Subject : Civil

made qua the assent. A passing reference at this stage may also be made of the decision Subodh Chit Fund (P) Limited (Supra), wherein the Apex Court had approved the conclusion of the Madras High Court that … to the contentious issue on quid pro quo and unauthorized creation of funds from the collections and expenses therefrom. According to the petitioners, levy of … In Bihar S.A. Product Marketing Board. v. Shankar Makhana Bhandar (Supra), by the Bihar Agricultural Produce Markets (Validation) Act, 1982, market fee levied, collect or to be levied or collected was sought to be saved from being illegal … of writ petitions register an identical challenge to the constitutional validity of Section 3D, 3E, Clause (ii) and (iii) of Explanation-1 to Section 21 as … Jahan, Advocate for the petitioner in WP(C) Nos. 5491 /2001, 1794/2001 and 5776/2001, Mr. G.N. Sahewalla, Senior

M/S. Shriram Chits and Investment (P.) Ltd. Vs. Union of India and Oth ...

Court : Supreme Court of India

Subject : Commercial

Acts : Chit Funds Act, 1982 - Sections 1(3), 2, 3, 4, 6(3), 9, 12, 13, 16, 17, 20, 21, 25, 48 and 81; Constitution of India - Article 19(1); Companies Act, 1956 - Sections 58A; Prize Chits and Money Circulation Schemes (Banning) Act, 1978; Pondicherry Chit Funds Act, 1966; All-India Chit Fund Act; Reserve Bank of India Act, 1934 - Sections 45I; Andhra Pradesh Chit Funds Act, 1971; Tamil Nadu Chit Funds Act, 1961; Kerala Chitties Act, 1975; Hyderabad Money Lenders Act - Sections 9(2); Banking Regulation Act, 1949; Companies (Acceptance of Deposits) Rules, 1975; Tamil Nadu Chit Funds Rules, 1984 - Rule 62

Reported in : AIR1993SC2063; [1994]79CompCas298(SC); (1994)2CompLJ430(SC); JT1993(4)SC399; 1993(3)SCALE125; 1993Supp(4)SCC226; [1993]Supp1SCR54

Writ Petition Nos.19321/86, 17110/84, etc.2. The above appeals and writ petitions involve challenge to constitutional validity of the Chit Funds Act, 1982 (Central Act No.40 of 1982) (hereinafter called as 'the Act' or 'the impugned Act').3. The various appellants/petitioners are … Limited Companies incorporated under the Companies Act, 1956 or proprietary or partnership concerns or individual organisers. According to Section 1(3) of the Act is will come into force on such date as the Central Government may by

State Of U.p. . Vs. M/s. Lalta Prasad Vaish And Sons

Court : Supreme Court of India

Subject : Land Acquisition

commencement.18.6 On the facts of the said case, this Court held that on the enactment of the (Central) Chit Funds Act, 1982 on 19.08.1982, intending to occupy the entire field of chits under Entry 7 - List III, the State … power to levy taxes on sale or purchase of goods under Entry 54 - List II and therefore paragraph 86 of the seven-Judge Bench in … “intoxicating liquors” challenged the constitutional validity of the Act by which the Prohibition Act was amended to include Section 7-A by which the manufacture of liquor came to be prohibited. This was owing to the lack of

Sri Visalarn Chit Fund Ltd. and anr. Vs. Union of India, New Delhi and ...

Court : Karnataka

Subject : Constitution

Acts : Chit Funds Act, 1982 - Sections 1, 2, 3, 4, 4(1), 4(3), 8, 12, 13, 19, 20, 20(1), 20(3) and 21 to 26; Constitution of India - Articles 14 and 19(I); Banking Regulation Act - Sections 23

Reported in : AIR1989Kant125; ILR1988KAR1518

Bopanna, J.1. Constitutional validity of the Chit Funds Act, 1982 (Act No. 40 of 1982) (in short the Act) is challenged in this batch of writ petitions.2. In … their working including their methods of operation. Chit funds are,' financial institutions' as defined in clause (c) of section 451 of the Reserve Bank of India Act, 1934. Hence, it would be open to the Reserve Bank