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Jul 21 1983

Delhi Cloth and General Mills Co. Ltd. and ors. Vs. Union of India (Uo ...

Court : Supreme Court of India

Decided on : Jul-21-1983

Subject : CommercialConstitution

Acts : Constitution of India - Articles 13, 14, 19, 19(1), 32, 38, 39, 46, 136, 226 and 285(1); Companies (Acceptance of Deposits) Rules, 1975 - Rules 2, 2-B, 3, 3-A, 3-A(1), 4, 5, 6 and 7; Companies Act, 1956 - Sections 3, 45(1), 58-A, 591 and 642; Companies (Amendment) Act, 1960; Companies (Amendment) Act, 1965; Companies (Amendment) Act, 1974; Reserve Bank of India Act, 1934 - Sections 45-J and 45-K; Rent Restriction Acts; Indian Trust Act, 1882 - Sections 20; Electricity (Supply) Act; Indian Trusts Act, 1882 - Sections 20; Joint Stock Companies Act, 1850; Joint Stock Companies (Amendment) Act, 1857; Indian Companies Act, 1913

Reported in : AIR1983SC937; [1983]54CompCas674(SC); (1983)2CompLJ281(SC); 1983(2)SCALE16; (1983)4SCC166; [1983]3SCR438

(c) in unencumbered securities mentioned in Clauses (a) to (d) and (ee) of Section 20 of the Indian Trusts Act, 1882(2 of 1882).Provided that with relation to the deposits maturing during the year ending on the 31st day

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Jul 29 2005

C.i.T.-iii Vs. the Baroda Peoples Co-op. Bank Ltd.

Court : Gujarat

Decided on : Jul-29-2005

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80A, 80A(1), 80A(2), 80AB, 80B(5), 80P, 80P(2), 80 to 80U to 80VV; Gujarat Co-operative Societies Act, 1961 - Sections 2(7), 2(19), 2(24), 4, 5, 12A, 14, 28, 29, 43D, 65, 66, 67, 67(2), 67(3), 71, 71(1); Banking (Regulations) Act, 1949 - Sections 5, 6, 6(1), 6(2) and 8; Imposition of Ceiling on Land Holdings Act, 1960; Indian Trusts Act, 1882 - Sections 20; Indian Trusts Act, 1882; Income Tax Act, 1922 - Sections 14(3); Constitution of India - Articles 14 and 141

Reported in : (2005)198CTR(Guj)1; [2006]280ITR282(Guj)

Section 71 of the GCS Act. The said Clause permits investments in any of the securities specified in Section 20 of the Indian Trusts Act,1882. Therefore, on a plain reading of the aforestated provisions of the GCS Act, … arose as to whether investment, of sums appropriated to the contingencies reserve, in securities authorised under the Indian Trusts Act,1882 and income derived by way of interest therefrom was attributable to profits and gains of the business of

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Jan 06 2003

Commissioner of Income-tax Vs. Nawanshahar Central Co-operative Bank L ...

Court : Punjab and Haryana

Decided on : Jan-06-2003

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80P(2); Indian Trusts Act, 1882 - Sections 20; Punjab Co-operative Societies Act, 1961 - Sections 44

Reported in : (2004)186CTR(P& H)459; [2003]263ITR320(P& H)

investment in the bonds being in the nature of a specified security under Section 20 of the Indian Trusts Act, 1882, is in accordance with the mandatory provisions of Section 44 of the Punjab Co-operative Societies Act, 1961. Thus

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Aug 24 1998

Assembly Rooms Vs. Commissioner of Income-tax

Court : Chennai

Decided on : Aug-24-1998

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(15), 11 and 11(1); ;Indian Trusts Act, 1882 - Sections 20

Reported in : [2000]241ITR76(Mad)

- Sections 2 (15), 11 and 11 (1) of Income Tax Act, 1961 and Section 20 of Indian Trusts Act, 1882 - whether Tribunal right in holding that assessee-trust not entitled to exemption under Section 11 - for purpose

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Mar 08 1945

Ahmedabad Municipality Vs. Government of Bombay

Court : Mumbai

Decided on : Mar-08-1945

Subject : Civil

Reported in : AIR1946Bom159; (1945)47BOMLR867

in its own debentures as they were not securities within the meaning of Section 20(d) of the Indian Trusts Act, 1882. The President of the Municipality was therefore, requested to take steps to dispose of the debentures and to

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Aug 13 1998

Pran Nath Lekhi and anr. Vs. Rajiv Gandhi Foundation and ors.

Court : Delhi

Decided on : Aug-13-1998

Subject : Trusts and Societies

Acts : Trust Act, 1882 - Sections 20

Reported in : 1998VAD(Delhi)181; AIR1999Delhi40; 1999(48)DRJ775

for a declaration that there was breach of the express trust created for public purpose and violation of Section 20 of the Trust Act,1882 in the working of the Trust. The plaintiffs have also sought directions of this … ORDERS.K. Mahajan, J.1. The plaintiffs claiming themselves to be interested in the Trust known as Rajiv Gandhi Foundation have filed this application seeking leave of the court to institute the suit

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Apr 22 1996

Commissioner of Income-tax Vs. Rajasthan State Co-operative Bank

Court : Rajasthan

Decided on : Apr-22-1996

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 80P

Reported in : [1997]223ITR55(Raj)

Rajasthan or other securities specified in Clauses (a), (b), (c) and (d) of Section 20 of the Indian Trusts Act, 1882, and to act as agents for co-operative institutions for purchase and sale of such securities ;(i) to open

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Mar 28 2000

Raisinh P. Bhoi Vs. Dineshbhai Keshavbhai Patel

Court : Gujarat

Decided on : Mar-28-2000

Subject : Trusts and SocietiesService

Acts : Bombay Public Trusts Act, 1950 - Sections 20, 41(A) and 50; Societies Registration Act, 1860; Indian Trust Act, 1882 - Sections 20

Reported in : (2000)3GLR15

permanent funds of the Society excluding Government and other Securities prescribed in Section 20 of the Indian Trust Act, 1882, shall be vested in the Board of Trustees consisting of 2 members, who shall be elected from amongst … No.24/99. The dispute relates to Charotar Education Society, which is a public trust registered under the Bombay Public Trusts Act, 1950. This Trust is also a Society registered under the Societies Registration Act, 1860. The petitioners Nos.1 and

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Sep 02 2009

The Cpio, Supreme Court of India Vs. Subhash Chandra Agarwal and anr.

Court : Delhi

Decided on : Sep-02-2009

Subject : Right to Information

Acts : Right to Information Act (RTI), 2005 - Sections 2, 3, 4, 5, 6, 6(3), 7, 8, 8(1), 20, 22, 24, 24(2) and 28; Prevention of Corruption Act; Government Act, 1978; Indian Trusts Act, 1882 - Sections 88; Guardians and Wards Act, 1890 - Sections 20; Judicial Disclosure Responsibility Act, 2007; Trusts Act - Sections 88; Constitution of India - Articles 12, 19, 19(1), 32, 33, 124, 162, 226, 239, 309, 324 and 326

Reported in : 162(2009)DLT135

the suit money..The following kinds of relationships may broadly be categorized as 'fiduciary': . Trustee/beneficiary (Section 88, Indian Trusts Act, 1882) . Legal guardians / wards (Section 20, Guardians and Wards Act, 1890) . Lawyer/client; . Executors and administrators

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Sep 02 2009

The Central Public Information Officer, Supreme Court of India Vs. Sub ...

Court : Delhi

Decided on : Sep-02-2009

Subject : Right to information

Acts : Right to Information Act (RTI), 2005 - Sections 2, 3, 4, 4(1), 5, 6, 6(2), 6(3), 7, 8, 8(1), 11, 11(1), 11(2), 11(3), 11(4), 19, 19(3), 22, 24, 24(2) and 28; Freedom of Information Act, 2002; Prevention of Corruption Act, 1988; Indian Trusts Act, 1882 - Sections 88; Guardians and Wards Act, 1890 - Sections 20; Official Secrets Act, 1923; Indian Penal Code (IPC), 1860; Constitution of India - Articles 12, 19, 19(1), 32, 33, 124, 162, 226, 239, 309, 324 and 326; Right to Information Rules

Reported in : 2010(1)KarLJ383

money.The following kinds of relationships may broadly be categorised as 'fiduciary':Trustee/beneficiary (Section 88, Indian Trusts Act, 1882)Legal guardians/Wards (Section 20, Guardians and Wards Act, 1890)Lawyer/client;Executors and administrators/legatees and heirsBoard of directors/companyLiquidator/companyReceivers, trustees in bankruptcy and assignees in insolvency/creditorsDoctor/patientParent/child.57. … fiduciary capacity. The Supreme Court affirmed the High Court's findings. The Court noticed Section 88 of the Indian Trusts Act, which reads as follows:Section 88. Advantage gained by fiduciary.- Where a trustee, executor, partner, agent, director of a

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