Advanced Search Results

C.P. Singhania and ors. Vs. Garware Club House and ors.

Court : Mumbai

Subject : Civil

Acts : Companies Act, 1956 - Sections 25, 25(6), 41, 87, 177, 179, 255, 256, 263(2) and 263A; Societies Registration Act

Reported in : 2004(1)BomCR225; [2005]124CompCas561(Bom); 2004(1)MhLj212; [2003]46SCL659(Bom)

association registered as a company on April 6, 1993 after obtaining a licence under Section 25 of the Companies Act, 1956, (for short the Act). The company is permitted not to add the word 'Limited' at the end of … or reappointment in virtue of any provisions of this Act or (v) the proviso to Sub-section (2) of Section 263 is applicable to the case. 10. Following propositions emerge from reading Sections 255 and 256 and 263. In

Vali Pattabhirama Rao and anr. Vs. Sri Ramanuja Ginning and Rice Facto ...

Court : Andhra Pradesh

Subject : Company

Acts : Companies Act, 1956 - Sections 3, 4, 4(2), 5, 9, 11, 13, 14, 15, 20, 21, 24, 35, 42, 106, 108, 111, 111(9), 116, 205(1), 239, 240, 241, 242, 243, 244, 245, 246, 247, 248, 249, 250, 251, 252, 253, 253(1), 254, 255, 256, 257, 258, 259, 260, 261, 262, 263, 264, 265, 266, 565, 565(1), 567, 568, 574 and 575

Reported in : [1986]60CompCas568(AP)

terms of section 263 of the Indian Companies Act, 1913, that corresponds to section 575 of the present Companies Act, 1956. Section 263 reads as follows : 'All property, movable and immovable, including all interests and rights in, to and out

Pramod Chopra and ors. Vs. Apparels Export Promotion Council

Court : Delhi

Subject : Company

Acts : Companies Act, 1956 - Sections 25

Reported in : ILR1984Delhi717

Export Promotion Council (hereinafter referred to as the Council), is a company limited by guarantee, incorporated under the Companies Act, 1956 (hereinafter called the Act) on February 22, 1978 having its registered office at 'Sahyog', 4th Floor, 58 Nehru … at 'Sahyog', 4th Floor, 58 Nehru Place, New Delhi. Since the Council fulfills the conditions laid down in Section 25 of the Act, it has been registered as a Company with limited liability without the addition to … not permissible by ballot till exemption is granted in terms of Section 263-A of the Act, The Election Rules provide the manner of holding the

Raghunath Swarup Mathur Vs. Dr. Raghuraj Bahadur Mathur and ors.

Court : Allahabad

Subject : Company

Acts : Companies Act, 1956 - Sections 263, 263(1), 263(2) and 629A; Companies (Amendment) Act, 1960

Reported in : AIR1967All145; [1967]37CompCas304(All); 1967CriLJ306

acquittal, which is accordingly dismissed. Company - resolution for appointment of director - Sections 263 and 629-A of Companies Act, 1956 (as amended by the Act 65 of 1960 ) - single resolution passed to appoint four directors - … to consider certain provisions of the Act, as amended by Act 65 of 1960. The material portions of Section 263 of the Act are in the following terms :'263 (1) :--At a general meeting of a public company

Bongaigaon Refinery and Petrochemicals Ltd. Vs. Union of India (Uoi) a ...

Court : Guwahati

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80HH, 80HH(5), 80HH(6), 80HH(7), 80HH(8), 80I, 80I(7), 80I(8), 80I(9), 143(1), 143(3), 256(1), 256(2) and 263; Companies Act, 1956; Tripura Sales Tax Act, 1976 - Sections 21; Madras General Sales Tax Act, 1939 - Sections 12 and 12(2); Assam General Sales Tax Act, 1993 - Sections 36; Constitution of India - Article 226; Madras General Sales Tax Rules, 1939 - Rule 14A

be minuted in brief. The petitioner, a public limited company and a public sector undertaking incorporated under the Companies Act, 1956, has its registered office at Dhali-gaon, Bongaigaon. It is an assessee under the Act. Its three units refinery, … of account, was more appropriate than the turnover basis. The petitioner thereafter was served with the notice under Section 263 of the Income-tax Act, 1961, issued by the Commissioner of Income-tax, NE Region, Shillong, mentioning that the Assessing

The Commissioner of Income-tax Vs. Raj Kumar Singh and Co.

Court : Allahabad

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 2(6A); Income Tax Act, 1961 - Sections 1(6A), 2(22), 2(47), 16(2), 18(5), 19A, 30 to 38, 40, 153, 256(1) and 263; Companies Act, 1956 - Sections 153; Companies Act, 1913; Income Tax Rules, 1922 - Rule 24

Reported in : (2005)199CTR(All)88

registered as the owner or holder of the share in the register of share of the Company. The Companies Act, 1956, by Section 153 does not recognize any trust or beneficial interest of any person in any share.The brief … of the case, the Tribunal was, in law, justified in cancelling the order passed by the CIT Under Section 263 of the I.T. Act, 1961, when the facts of the case clearly indicated that the A.O. had not

Commissioner of Income Tax Vs. Trichy Distilleries Chemicals Ltd.

Court : Chennai

Subject : Direct Taxation

Acts : Income-tax Act, 1961 - Sections 32AB, 32AB(3) and 263; Companies Act, 1956

Reported in : [2005]272ITR227(Mad)

computation to be in accordance with the requirement of Parts II and III of Schedule VI to the Companies Act, 1956. The computation so made is to be increased by the aggregate of the amount set out in sub-clauses … determining the total income at Rs. 92.02 lakhs. The Commissioner of Income-Tax Tamilnadu - II, exercising power under Section 263 of the Income-Tax Act had set aside the original assessment dated 28.7.1988 by giving directions to the assessing

Commissioner of Income Tax Vs. Jindal Drilling and Industries Ltd.

Court : Delhi

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 115J, 143(3), 260A and 263; Companies Act, 1956 - Sections 350

Reported in : (2008)215CTR(Del)275; [2008]301ITR304(Delhi)

Act the book profit has to be computed on charging depreciation as prescribed under Section 350 of the Companies Act, 1956. This contention was rejected by the Assessing Officer in his order dated 16th March, 1992.7. Another issue that … Officer was prejudicial to the interest of the Revenue and accordingly issued a notice to the assessed under Section 263 of the Act on 29th November, 1991 to show cause why the assessment be not set aside and

Bathgate and Company Ltd. and ors. Vs. Reverend Hanok Ghosh and ors.

Court : Kolkata

Subject : Family

Acts : Companies Act, 1956; ;Indian Succession Act, 1925 - Sections 232 and 263; ;Code of Civil Procedure (CPC) - Section 22 - Order 22

Reported in : AIR2008Cal165

to as the said premises, and other consequential reliefs.2. The petitioner No. 1, a company incorporated under the Companies Act, 1956 and the petitioner No. 2, a school run by one Smt. Shalini Hingorani, are tenants at the said … do so. The grant of letters of administration was thus liable to be revoked.15. Mr. Mitra referred to Section 263 of the Indian Succession Act, extracted here-inbelow for convenience:263. Revocation or annulment for just cause.- The grant of

MartIn Burn Ltd. Vs. Commissioner of Income-tax

Court : Kolkata

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(18), 254(1) and 263; ;Companies Act, 1956 - Section 87

Reported in : [1978]114ITR939(Cal)

relevant years were controlled by five persons.4. Attention of the Tribunal was drawn to Section 87 of the Companies Act, 1956, which did not envisage that the preference shareholders were not connected with the control and management of the … again to the file of the Additional Commissioner of Income-tax, West Bengal-I, Calcutta, for passing fresh orders under Section 263 of the Income-tax Act, 1961, after making further investigation ?'2. We are concerned in this case with the