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Collector of Central Excise Vs. Sunrise Woollen and Silk Mills

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Subject : Excise

Reported in : (1985)(5)LC1910Tri(Delhi)

29-5-71, were also liable, in addition, to pay special excise duty in terms of Section 37(1) of the Finance Act, 1978. The amount involved during the above-mentioned period was Rs. 444.39, as held by the Assistant Collector of Central … term "duty" means the duty payable under Section 3 of the Act. The Act itself, according to the preamble, has been enacted "to consolidate and amend the law relating to Central duties of excise..." Section 3 provides

Fidelity Fed. S. and L. Vs. De La Cuesta

Court : US Supreme Court

Subject : Land Acquisition

and General Counsel, Federal Home Loan Bank Board, Atlanta, Ga.). Local institutions that had previously supplied funds to finance homes had ceased doing business or had discontinued such long-term loans, so that more than half the counties … part of the Financial Institutions Regulatory and Interest Rate Control Act of 1978, Pub.L. 95-630, 92 Stat. 3641, Congress amended § 5(a) of the HOLA … is sold or otherwise transferred without the association's prior written consent. A preamble to the regulation stated that the due-on-sale practices of federal savings and … FROM THE COURT OF APPEAL OF CALIFORNIA, FOURTH APPELLATE DISTRICT Syllabus Section 5(a) of the Home Owners' Loan Act of 1933 (HOLA) empowers the Federal Home Loan Bank Board (Board), under such regulations as it may prescribe, … L. v. De la Cuesta - 458 U.S. 141 (1982) U.S. Supreme Court Fidelity Fed. S. &

The Registrar, University of Madras, Chepauk, Madras - 600005 and Othe ...

Court : Chennai

Subject : Consumer

Reported in : (1995)IIMLJ367

observed in this regard in the decision reported in : [1987]2SCR1 (Reserve Bank of India v. Peerless General Finance and Investment Co. Ltd., and others) as hereunder :- 'Interpretation must depend on the text and the context. … definition of 'Prize Chit' as contained in Section 2(e) of the Prize Chits and Money Circulation Scheme (Banning) Act, 1978 the Supreme, Court held that the inclusive definition was not intended to expand the meaning of 'Prize Chit' … to the citizens of this country, the objective set forth in the preamble to the Constitution cannot be achieved. The Constitution would fail. We do … ORDERSrinivasan, J. 1. Broadly stated, two contentions are mainly urged in this batch of writ

G.V. Jayachandra Chowdary and ors. Vs. Government of Andhra Pradesh an ...

Court : Andhra Pradesh

Subject : ConstitutionTrusts and Societies

Acts : Constitution of India - Article 226; Andhra Pradesh Co-operative Societies Act, 1964 - Sections 12A, 12A(1), 12A(2), 12A(3) to 12A(8) and 12A(9) to 12A(13)

Reported in : 2004(3)ALD474; 2004(3)ALT417

be converted into grant; and (d) the Government should discuss with banks and arrange to provide working capital finance to the society on the pledge or mortgage of sugar and other assets without Government guarantee.Some resolutions passed … can be struck down on the ground of it being violative of preamble to the Constitution?21. We are constrained to address ourselves to these basic … In this second round of litigation the constitutional validity of Section 12-A of the Andhra Pradesh Co-operative Societies Act, 1964 (Act No. 7 of 1964) (for short 'the Act') as substituted by Act No. 16 of 2003 … J.1. In this second round of litigation the constitutional validity of Section 12-A of the Andhra Pradesh Co-operative Societies Act, 1964 (Act No. 7 of

Bimla Devi Vs. Union of India and Another

Court : Delhi

Subject : Company

Acts : High Denomination Banknotes (Demonetisation) Act, 1978 - Sections 3, 4, 7, 7(1), 7(2), 7(4), 7(5), 7(6), 7(7), 8 and 8(3); Reserve Bank of India Act, 1934 - Sections 22, 26, 34, 39 and 39(2); Negotiable Instruments Act, 1881; Indian Coinage Act, 1906; Constitution of India - Article 31 and 31(1); Land Acquisition Act, 1894 - Sections 4, 6, 9, 11, 16 and 31

Reported in : [1985]58CompCas361(Delhi); 1983(4)DRJ236

and 1669 of 1979 wherein the validity of some of the provisions of the High Denomination Banknotes (Demonetisation) Act, 1978 (hereinafter referred to as 'the Demonetisation Act'), has been challenged. The petitioners are aggrieved because they have not … object of the said enactment. The object is clearly specified in the preamble of the Act which reads as follows : 'Whereas the availability of … B.N. Kirpal, J. 1. This judgment will dispose of Civil Writ Petitions Nos. 1009 to 1012 … reads as follows : 'Whereas the availability of high denomination banknotes facilitates the illicit transfer of money for financing transactions which are harmful to the national economy or which are for illegal purposes and it is, thereforee,

National Textile Corpn. Ltd. Vs. Sitaram Mills Ltd. and ors.

Court : Supreme Court of India

Subject : Constitution

Acts : Textile Undertakings (Taking over of Management) Act, 1983 - Sections 2, 3(1) and 3(2); Constitution of India - Article 39; Companies Act, 1956 - Sections 149(2A); Income Tax Act, 1922 - Sections 2(4) and 24(2); Income Tax (Amendment) Act, 1961 - Sections 2(13)

Reported in : AIR1986SC1234; (1986)88BOMLR662; [1987]61CompCas373(SC); (1986)2CompLJ261(SC); 1986(1)SCALE657; 1986Supp(1)SCC117; [1986]2SCR187

of such undertakings and for matters connected therewith or incidental thereto. The preamble to the Act brings out the necessity for such legislation : WHEREAS … including the addition of an updated process house involving a total outlay of Rs. 2 crores which was financed through loans taken from the National Industrial Development Corporation. During the 60s, the Company's performance had only been … Bombay (for short 'the petitioners') while upholding the constitutional validity of the Textile Undertakings (Taking Over of Management) Act, 1983 insofar as it provides by Section 3(1) of the Act for the taking over by the Central … an increasing rate from the year 1974-75 onwards. Even though the years 1978-79 and 1979-80 were comparatively good for the textile industry, the Company continued

The Registrar, University of Madras and anr. Vs. Union of India (Uoi), ...

Court : Chennai

Subject : Consumer

Reported in : (1995)2MLJ367

Apex Court observed in this regard in the decision reported in Reserve Bank of India v. Peerless General Finance and Investment Company Limited and Ors. : [1987]2SCR1 , as hereunder:Interpretation must depend on the text and the … definition of 'Prize Chit' as contained in Section 2(e) of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 the Supreme Court held that the inclusive definition was not intended to expand the meaning of 'Prize Chit' … to the citizens of this country, 'the objectives set forth in the Preamble to the Constitution cannot be achieved. The Constitution would fail. We do … the validity of some of the provisions of the Consumer Protection Act, 1986 (Act No. 68 of 1986), (hereinafter called 'the Act') and the other

Sri Surendra Kumar Ray and Others Vs. Chairman, Steel Authority of Ind ...

Court : Orissa

Subject : Company

Acts : Constitution of India - Articles 226 and 227; Bolani Ores Limited (Acquisition of Shares) and Miscellaneous Provisions Act, 1978 - Sections 5, 6 and 7

Reported in : 91(2001)CLT352

in the said committee. Under sub-clause (g) of Clause-11 the company was required to make available the necessary finance as and when required for depositing with the State and/or Central Government for the school, subject to adjustment … SAIL in accordance with the provisions of section 6 of theBolani Ores Limited (Acquisition of Shares) and MiscellaneousProvisions Act, 1978 with effect from 1-1-1979 instead of1-1-1991.2. The brief facts, of the petitioners' case is that Bolani Ores Limited, … day administrative part of it only.8. The memorandum of agreement in its preamble clearly stipulates ahat the agreement shall include successors and assigns of each

industrial Finance Corporation of India and anr. Vs. Shama Forge Co. L ...

Court : Delhi

Subject : Commercial

Acts : Industrial Finance Corporation Act, 1948 - Sections 30; Code of Civil Procedure (CPC), 1908 - Sections 34

Reported in : 1993IIIAD(Delhi)461; 51(1993)DLT381; 1993(27)DRJ199

D.P. Wadhwa, J. (1) A petition Civil Misc. (Main) 85/74 under section 30 of the Industrial Finance Corporation Act, 1948 (for short 'the Act of 1948') and two suits (Suit No. 430/81 and Suit No. … Rs. 47.50 lakhs advanced by US-AID to Shama Forge. This amount was paid by Ubi on 24 April 1978. Since Shama Forge did not pay this amount, Ubi filed suit (No. 1179/82) for recovery of this amount … and shall by the said name sue and be sued. As the preamble of the Act of 1948 would show, Ifci was established for the

Sabanayagam K. Vs. the Secretary to Government of Tamilnadu, Housing D ...

Court : Chennai

Subject : Labour and Industrial

Acts : Payment of Bonus Act - Sections 1(3), 2(11), 2(14), 2(16), 10, 16, 20, 20(2), 32 and 36; Industrial Disputes Act, 1947 - Sections 2, 20(2), 32 and 36

Reported in : (1984)ILLJ87Mad

that effect were not issued. 18. In this connection, kind reference is invited to G.O. Ms. No. 1045, Finance dated 1st November, 1977 (copy appended herewith) where from it may be seen that the statutory Board should … seal and shall, by the said name, sue and be used. The preamble of the Act reads as followed : 'Whereas it is expedient to … the Tamil Nadu State Housing Board to pay bonus as per the provisions of the Payment of Bonus Act of 1965, hereinafter referred to as the Act, to the petitioner for the years commencing from the sixth … would be willing to confine his prayer only from the accounting year 1978-79 onwards and the prayer as made in the petition need not be … order of the High Court, dated 27th April, 1981 and made herein, and the counter affidavits filed