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Shriram Chits and Investments (P)ltd., T. Nagar Vs. M. Krishnan and Ot ...

Court : Chennai

Subject : CommercialLimitation

Acts : Chit Funds Act, 1982 -- Sections 65; Limitation Act, 1963 -- Sections 5, 12, 14 and 64; Chits Funds Act, 1982 -- Sections 65, 66 and 67; Tamil Nadu Chit Funds Act, 1961

Reported in : AIR2000Mad78; 1999(1)CTC238

instituted proceedings under Section 64 which was presented on 22.7.1991.12. It is to be pointed out that the Chit Funds Act; 1982 (Central Act 40 of 1982) by which The Tamil Nadu Chit Funds Act, 1961 which was in force … of realization.5. The said dispute was taken on file by the Registar of Chits on 22.7.1991 under Sections 66 and 67 of Chits Funds Act 1982. The arbitration petition was heard on various dates. Before the arbitrator,

Margadarsi Chit Funt Pvt. Ltd., Hyderabad Vs. Government of Andhra Pra ...

Court : Andhra Pradesh

Subject : Commercial

Acts : Andhra Pradesh Chit Funds Act, 1971 - Sections 2(2 and 10), 3, 4, 5, 6, 8, 10, 12, 13(1), 14(1, 2 and 4), 21(1), 22(1), 27 to 29, 30, 51, 63, 66 and 90; Andhra Pradesh Chit Fund Rules, 1971 - Rules 3(3, 4 and 16) and 20; The Industries (Development and Regulation) Act, 1951; Taxtile Committee Act, 1963 - Sections 2; Chit Fund Act, 1982; Contracts of Employment Act, 1963; Kerala Agriculturists' Debt Relief Act, 1970 - Sections 4(1, 2 and 5)

Reported in : 1999(5)ALD718; 1999(5)ALT548

the State of Andhra Pradesh. The reports and recommendations of those committees were the basis for enactment of Chit Funds Act, 1982 (Central Act 40 of 1982). The Central Act is a comprehensive piece of Legislation, and the dominant purpose … shall be made in the Bye-laws of the chit and the particulars which every chit agreement shall contain; Section 66 of the Act confers the power upon the Government to exempt any person or class of persons from

S. Venkatachalam Vs. Secretary to Government of Tamil Nadu and Others

Court : Chennai

Subject : Company

Acts : Limitation Act, 1963 - Sections 12 and 12(2); Chit Funds Act, 1982; Chit Funds Rules, 1984

Reported in : [1999]95CompCas589(Mad)

against the award of the Deputy Registrar of Chits, an appeal is provided under section 70 of the Chit Funds Act, 1982, before the State Government. The petitioner presented the appeal on August 31, 1995. According to the petitioner, the … of the Act prescribes the period of limitation with respect to raising of a dispute under section 64. Section 66 enables the Registrar to settle the dispute himself, or refer it for disposal to a person appointed by

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

Court : Chennai

Subject : Land Acquisition

had sufficient cause for not referring the dispute within such period." 13.Section 66 of the Chit Funds Act, 1982 deals with Settlement of disputes, which … 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. … 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

Dr. Vimala Vs. M/S. Shriman Chits and Investments Pvt. Ltd.

Court : Chennai

Subject : ArbitrationCommercialCivil

Acts : Code of Civil Procedure (CPC), 1908 -- Sections 47, 66, 71 -- Rule 50 -- Order 21, Rule 21, 43; Indian Contract Act, 1872 -- Sections 128; Chit Funds Act, 1982 -- Sections 33(1), 64(1), 67; The Arbitration Act, 1940

Reported in : 1999(3)CTC210

In the counter filed by the respondent, it would be urged that (i) under Section 64(1)(b) of the Chit Funds Act, 1982 (hereinafter referred to as the 'Act') a surety can be proceeded against for any dispute relating the chit … be answered that under Section 67 of the Act, the Registrar or the nominee hearing a dispute under Section 66, shall, in addition to the powers conferred on him under the section, have the same powers as are

S.Surendran, vs State of Kerala,

Court : Kerala

the court has the jurisdiction to entertain the suit in the light of Section 64 (3) of the Chit Funds Act, 1982 and Rule 47 of the Kerala Chit Funds Rules, 2012.11. After hearing both sides, the court below dismissed … virtue of the provisions under the Chits Act. The refund and remission of court fee is governed by section 66 to 77OP(C) NO. 2463 OF 2019 9of the Kerala Court Fees and Suit Valuation Act. The learned counsel

Best and Crompton Engineering Ltd. Vs. Official Liquidator

Court : Chennai

Subject : Company

Acts : Companies Act, 1956 - Sections 44(2), 46, 391, 446, 446(1), 446(2), 456, 458A and 469; Limitation Act, 1963 - Schedule - Articals 1 and 137

Reported in : [1995]82CompCas77(Mad)

re [1979] 49 Comp Cas 287 and a decision of the Karnataka High Court in Unico Trading and Chit Funds (India) P. Ltd., v. S. H. Lohati [1982] 52 Comp Cas 340. Each of these decisions is by … 2, 1978. On March 2, 1982, the official liquidator presented an application under section 446(2) of the Companies Act, 1956, praying for a direction to the appellant pay a sum of Rs. 39,561.92 plus interest of Rs. … Ltd. : AIR1978Delhi169 ; Maruti Ltd. v. Parry and Co. Ltd. [1989] 66 Comp Cas 309 (P &H;) ; Maruti Ltd. v. P. R. Sasidharan

Delhi Chit Fund Association Vs. Union of India and anr.

Court : Delhi

Subject : Service Tax

the chit fund also participating as a subscriber.7. The business of chit funds is strictly regulated by the Chit Funds Act, 1982. It contains detailed provisions relating to registration of chits, commencement and conduct of chit business. Rights and duties … provision of services in relation to conducting a chit business is a taxable service for the purposes of section 65B(44) of the Finance Act, 1994 inserted w. e. f. 1st July, 2012.2. Delhi. The petitioner is an … below, from so much of the service tax leviable thereon under section 66B of the said Act, as is in excess of the service tax

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 … to set aside the docket order dated 12.07.2012 passed by the Senior Civil Judge, Gudur in E.P. No. 66 of 2012 in O.S No.54 of 2009.2. Heard the learned counsel appearing for the revision petitioner-JDr No.5 and

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 … ORDERP.R. Raman, J.1. This civil revision petition is directed against the judgment in A. S. 66 of 1996 rendered by the Subordinate Judge, Cherthala, confirming the judgment of the Munsiff's Court, dismissing O.S. 436/1992