Advanced Search Results

Kanta Mehta Vs. Union of India and Others

Court : Delhi

Subject : Company

Acts : Reserve Bank of India Act, 1934 - Sections 45-I, 45J, 45K, 45L, 45M, 45S, 45S(1), 45S(2), 58A(1), 58A(7), 58A(8), 58B and 58B(5A); Banking Laws (Amendment) Act, 1983 - Sections 10; Constitution of India - Articles 14, 19, 19(1) and 246; Kerala Money Lenders Act; Banking Regulation Act, 1949 - Sections 5 and 8; Banking Regulation (Amendment) Act, 1956 - Sections 12; Banking Regulation (Amendment) Act, 1959 - Sections 17 and 18; Banking Regulation (Amendment) Act, 1968 - Sections 10A and 10A(5); Banking Regulation (Amendment) Act, 1984 - Sections 18, 21, 22(3), 24, 30 and 227; Banking Laws (Miscellaneous Provisions) Act, 1965; Companies Act, 1956 - Sections 58A; Companies (Acceptance of Deposits) Rules, 1975 - Rules 2 and 3; Companies (Acceptance of Deposits) (Amend

Reported in : [1987]62CompCas769(Delhi)

challenge the constitutional validity of Chapter II-C read with section 58B (5A) of the Reserve Bank of India Act, 1934, introduced by the Banking Laws (Amendment) Act, 1983 (Act 1 of 1984) (to be called 'the impugned … support the necessity for the impugned legislation. The suggestion was made that because of the failure of Sanchaita Finance Firm, resulting in ruination of a large number of depositors as reported in State of West Bengal v. … system and to regulate the deposit acceptance activities of such institutions, Chapter III-B was inserted in the Reserve Bank of India Act by the Banking

In Re: Advance Ruling P. No. 10 of

Court : Authority for Advance Rulings

Subject : Direct Taxation

Reported in : (1997)224ITR473AAR

Indeed, Section 41 of the Act comes into play only after the income is computed in accordance with Chapter III of the Act. In the case of income from securities Section 8 applies and under the second proviso … No. 10 of 1996 Vs.Income Tax Act, 1961 - Sections 161, 161(1), 161(1A), 164, 164(4), 166 and 245Q; Finance Act, 1970; Double Taxation Avoidance Agreement - Articles 5, 10(2) and 13 CIT (Addl.) v. Surat Art Silk Cloth … and Shanghai Banking Corporations ; 5. Accounting records will be maintained in Mauritius in accordance with the Companies Act, 1984 ; 7. All statutory records, such as minutes and members' register, will be kept at the registered office

Narendra Kantilal Shah Vs. Joint Registrar, Co-operative Societies (Ap ...

Court : Mumbai

Subject : CommercialTrusts and Societies

Acts : Maharashtra Co-operative Societies Act, 1961 - Sections 101; Multi State Co-operative Societies Act, 2002 - Sections 84; Recovery of Debts Due to Banks and Financial Institutions Act, 1993 - Sections 1(4), 3(1), 17 and 34; Maharashtra Co-operative Societies Act, 1960

Reported in : AIR2004Bom166; 2004(1)ALLMR798; II(2004)BC585; 2004(1)BomCR707; 2004(1)MhLj704

Clause (c) of Section 5 of the Banking Regulation Act, 1949 (10 of 1949) Section 17 found in Chapter III of the Act deals with the jurisdiction of the tribunal constituted under the 1993 Act and Section 18 … made by a resource society undertaking the financing of crop and seasonal finance as defined under the Bombay Agricultural Debtors Relief Act, 1947 (or advancing … Section 56(ccv) of the 1949 Act.(vi) That insofar as the provisions of Section 74 of Multi-State Cooperative Societies Act, 1984 are concerned, they were stayed by this Court and they were not in force till that Act was

Dillu Clive Enterprises (P) Ltd. Vs. Addl. Cit

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : Direct Taxation

Reported in : (2004)87TTJ(Hyd.)1098

the question of legislative intent, the CBDT has explained the object of introduction of section 269SS by the Finance Act, 1984, in its Circular No. 387, dt. 6-7- 1984 ((1984) 43 CTR (St) 3: (1984) 146 ITR 162 (StA … Under the section as substituted, the time-limit, for making an order imposing a penalty under the provisions of Chapter XXI of the Income Tax Act will, ordinarily, be two years from the end of the financial year … the relevant assessment is the subject-matter of revision under section 263. Category III covers all other cases not falling within Category I and Category 11.

Dillu Cine Enterprises (P.) Ltd. Vs. Additional Commissioner of

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : Direct Taxation

Reported in : (2002)80ITD484(Hyd.)

the question of legislative intent, the CBDT has explained the object of introduction of Section 269SS by the Finance Act, 1984, in its Circular No. 387, dated 6-9-1984 [146 ITR 162 (St.)] thus : Unaccounted cash found in the … Under the section as substituted, the time-limit for making an order imposing a penalty under the provisions of Chapter XXI of the Income-tax Act will, ordinarily, be two years from the end of the financial year in … relevant assessment is the subject matter of revision under Section 263. Category III covers all other cases not falling within Category I and Category II.

Hdfc Bank Ltd. and anr. Vs. Kishore K. Mehta and ors.

Court : Mumbai

Subject : Civil

Acts : Presidency-Towns Insolvency Act, 1909 - Sections 9, 9(1), 9(2), 9(3) and 9(5); Recovery of Debts Due to Banks and Financial Institutions Act, 1994 - Sections 17, 17A, 17(1), 18, 19, 19(1), 19(4), 19(7), 19(12), 19(13), 19(17), 19(18), 19(19), 19(22), 20, 21, 22, 22(2), 23, 24, 25 to 30, 31A, 34, 34(1) and 34(2); Companies Act, 1956 - Sections 529A; Limitation Act; Income Tax Act, 1961; Industrial Finance Corporation Act, 1948; State Financial Corporations Act, 1951; Unit Trust of India Act, 1963; Industrial Reconstruction Bank of India Act, 1984; Sick Industrial Companies (Special Provisions) Act, 1985; Small Industries Development Bank of India Act, 1989; Uttar Pradesh Public Monies (Recovery of Dues) Act, 1972; Rajasthan Relief Undertakings (Special Provisions) Act, 1961; Ren

Reported in : 2008(6)BomCR340

resignation as well as removal of the Presiding Officers of the Tribunal and Chairperson of the Appellate Tribunal. Chapter III deals with the subject of jurisdiction, powers and authority of such Tribunals under the RD Act. Section 17(1) … shall be in addition to, and not in derogation of the Industrial Finance Corporation Act, 1948, the State Financial Corporations Act, 1951, the Unit Trust … State Financial Corporations Act, 1951, the Unit Trust of India Act, 1963, the Industrial Reconstruction Bank of India Act, 1984, the Sick Industrial Companies (Special Provisions) Act, 1985 and the Small Industries Development Bank of India Act, 1989.34.

ParsIn Chemicals and ors. Vs. Commissioner of Customs

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT

Subject : Excise

Reported in : (2002)LC293

this Section 3 of the Central Excises & Salt Act, 1944 was amended vide Section 46 of the Finance Act, 1982 (14 of 1982) to provide for the levy of duty at a value of the said goods … material produced during the two commissioning periods does not possess the specifications required by the buyer abroad. However, chapter sub-heading No. 2850.00 covers Hydrides, nitrides, azides, silicides and borides, whether or not chemically defined. The chapter heading … product made during the commissioning runs was not upto the mark. About 3 tonnes non-saleable product was produced during commissioning. Product not meeting the specifications,

Official Liquidator Vs. T. Sudarsan and ors.

Court : Chennai

Subject : Company

Acts : Companies Act, 1956 - Sections 2(30), 433, 478, 519, 542, 543, 545 and 620A; Companies (Court) Rules, 1959 - Rules 130, 260 and 261

Reported in : [2003]116CompCas88(Mad); [2004]49SCL694(Mad)

Varghese, the seventh respondent herein, was appointed as junior accounts officer in the firm. The Banking Laws (Amendment) Act, 1984, introduced Chapter III-C to the Reserve Bank of India Act, 1934. Section 45B of the Act provides that … under Sections 542 and 543 of the Companies Act, 1956.5. There were two partnership firms, (1) Asian Integrated Finance and Industrial Corporation; and (2) Dhanalakshmi Consolidated Finance and Industrial Investments. K.V. Sasidhar and B. Muralidhar were the

Saurashtra Education Foundation Vs. Commissioner of Income Tax

Court : Gujarat

Subject : Direct Taxation

Acts : Income tax Act, 1961 - Sections 2(15), 10(22) and 11(1); Finance Act, 2002; ;Finance Act, 1983

Reported in : (2004)190CTR(Guj)295; [2005]273ITR139(Guj)

anyactivity for profit. The words, 'not involving the carrying on of anyactivity for profit' have been omitted by Finance Act,1983 w.e.f. 1.4.1984. 7. A perusal of the aforesaid statutory provisionswould show that while Section 11 provides for exemptionof … [1994]208ITR608(Patna) .6. Before considering the rival submissions, it isnecessary to refer to the relevant statutory provisionsin this behalf.Chapter III of the Income-tax Act, 1961 specifies'Incomes which do not form part of total income'.Section 10 commences with the

Smt.Bharati Dhuper Vs. the Branch Manager, Urban Co-operative Bank Ltd ...

Court : Orissa

Subject : Land Acquisition

in Section 2(1)(c) of the SARFAESI Act as per Central Government’s Notification dated 28.01.2003 by the Ministry of Finance and Company Affairs published in the Gazette of India (Extraordinary), the Co-operative Bank can take action under the … State Financial Corporations Act, 1951, the Unit Trust of India Act, 1963, the Industrial Reconstruction Bank of India Act, 1984 [the Sick Industrial Companies (Special Provisions) Act, 1985 and the Small Industries Development Bank of India Act, 1989]..””15. … which has been inserted by enacting Section 56 of the BR Act.12. Chapter-III of the Securitization Act provides for enforcement of security interest by a