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Jun 10 2020

K.Premanandan vs State of Kerala

Court : Kerala

Decided on : Jun-10-2020

Rule 3 of the Kerala Chit Fund Rules, 2012 and claims are raised under section 64 of the Chit Funds Act, 1982 r/w rule 47 of the Kerala Chit Funds Rules, 2012.3. The case therefore projected by the appellant is … such payment shall discharge him as effectually as payment to the party entitled to receive the same.”That apart section 80 of Act, 1968 deals with attachment of salaries and debts of defaulters, which read thus: “80.Attachment of salaries

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May 20 2021

Smt. Leela M Vs. M/s Sree Gokulam Chit & Finance Co P Ltd

Court : Karnataka

Decided on : May-20-2021

Subject : Land Acquisition

-8- iv) The alleged chit transactions were contrary to Sections 6, 7, 10, 32 and 33 of the Chit Funds Act, 1982 and Section 25 of the Madras Chit Funds Act, 1961, Rules 64 and 65 of the Chit Funds

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May 20 2021

Smt. Jayamma G Vs. M/s Sree Gokulam Chit And Finance Co (p) Ltd

Court : Karnataka

Decided on : May-20-2021

Subject : Land Acquisition

-8- iv) The alleged chit transactions were contrary to Sections 6, 7, 10, 32 and 33 of the Chit Funds Act, 1982 and Section 25 of the Madras Chit Funds Act, 1961, Rules 64 and 65 of the Chit Funds

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May 20 2021

Moodalagiriyappa K L Vs. M/s Sree Gokulam Chit And Finance Co (p) Ltd

Court : Karnataka

Decided on : May-20-2021

Subject : Land Acquisition

-8- iv) The alleged chit transactions were contrary to Sections 6, 7, 10, 32 and 33 of the Chit Funds Act, 1982 and Section 25 of the Madras Chit Funds Act, 1961, Rules 64 and 65 of the Chit Funds

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Oct 07 2025

Margadarasi Chits Pvt Ltd Vs State of TamilNadu

Court : Chennai

Decided on : Oct-07-2025

appellant is Rs.2,50,000/- (Rs.12,50,000 minus Rs.10,00,000/-), which is agreed by both parties. As per the provisions of the Chit Funds Act, 1982 and as per theorder of this Court, a defaulted prized subscriber is not entitled to the dividend,which was … till realisation. As against the said Award, the third respondent preferred an appeal before the first respondent under Section 70 of the Chit Funds Act. The petitioner also initiated execution proceedings, which is also pending. The Appellate … Credit and Development Syndicate Vs. Smithaben H.Patel, reported in 1999 (3) SCC 80.4. Per contra, learned Additional Government Pleader appearing for thefirst respondent and the

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Jul 14 2023

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

Court : Karnataka

Decided on : Jul-14-2023

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

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Aug 14 2018

State Bank of India Vs. V. Ramakrishnan

Court : Supreme Court of India

Decided on : Aug-14-2018

Subject : Land Acquisition

tests enumerated hereinabove, we hold that the Kerala Chitties Act, 1975 became void on the making of the Chit Funds Act, 1982 on 19-8-1982, [when it received the assent of the President and got published in the Official Gazette]. as … & ANR. … RESPONDENTS WITH CIVIL APPEAL No.4553 OF2018JUDGMENT R.F. NARIMAN, J.1. The present appeals revolve around whether Section 14 of the Insolvency and Bankruptcy Code, 2016, which provides for a moratorium for the limited period mentioned

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Sep 15 2017

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

Court : Supreme Court of India

Decided on : Sep-15-2017

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 … 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 … under proviso to sub­section (3) of Section 29 as well as Section 80A of 1927 Act. (vi) (a)One of the submissions raised by learned counsel

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Mar 12 2013

R.Thiyagarajan Vs. Secretary to the Government

Court : Chennai

Decided on : Mar-12-2013

Subject : Arbitration

has been filed against the order of the 1st respondent as the Appellate Authority under the Tamil Nadu Chit Funds Act, 1982 confirming the award passed by the second respondent as arbitrator in A.R.C.No.108/2000. The petitioner is said to be … by the second respondent was challenged by the petitioner by filing an appeal before the first respondent under section 70 of the Chit Funds Act. The first respondent passed an order dated 01.12.2006 confirming the award passed

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Dec 31 1984

income-tax Officer Vs. J.M.P. Enterprises

Court : Income Tax Appellate Tribunal ITAT Amritsar

Decided on : Dec-31-1984

Subject : Direct Taxation

Reported in : (1993)46ITD104(Asr.)

made payment of interest of Rs. 12,150 to Udyog Finance and Chit Fund Pvt. Ltd. for utilisation of funds borrowed through the auspices of the partners. No doubt the borrowings were first credited to the partners' account … Commissioner of Income-tax (Appeals) allowing deduction of Rs. 12,150 on account of interest paid to Udyog Finance and Chit Fund Pvt. Ltd. It is the contention of the Departmental Representative that loans were raised by the partners … correctly nor considered carefully the decision of the Tribunal dated February 27, 1982, in the case of Damodar Dass Jai Chand Aggarwal v. ITO [1982] … of Rs. 21,17,923. This difference was arrived at in accordance with the actual building material consumed and as per the actual size at site and … that the question of disallowance of interest under Section 40(b) of the Income-tax Act will be governed

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