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Modi Xerox Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (1998)67ITD252(Delhi)

system. In order to curtail the concentration of economic power Government put severe restrictions on the MRTOP and FERA companies from engaging in any item of manufacture or for expanding capacity in the existing item of manufacture … list stated "High Technology Reproduction and Multiplication equipment".15. It was submitted that the assessee is a joint venture company in the then MRTP group, i.e., Modi group and a foreign company, i.e., Rank Xerox. The joint venture

Mrs. Dr. Tapati Sengupta and Ms. Amgana Sengupta Vs. Enforcement Offic ...

Court : Kolkata

Subject : FERA

Reported in : 1998(60)ECC48

writ proceedings, is, whether Section 40(1) of the Foreign Exchange Regulation Act of 1973 (hereinafter referred to as FERA) and Section 34(2) of FERA are ultra vires the Constitution of India and is illegal, invalid and null … the appropriate authorities are of the view that such persons should be dissociated from the atmosphere and the company of persons who provide encouragement to them in adopting a non-co-operative attitude to the machineries of law, there

The Assistant Director, Directorate of Enforcement, Govt. of India, Mi ...

Court : Chennai

Subject : Land Acquisition

before this court in prima facie for framing charges against the accused under Section 8(1) and 9(1)(a) of FERA, 1973. Aggrieved by the order, the petitioner stands before this court by way of this revision. 4. The … resident in India and had mobilized funds and deposited in the Bank account of M/s.Dipper Investments Ltd., a company incorporated outside India, without the previous general or special permission of the Reserve Bank of India and thereby

Life Insurance Corporation of India Vs. Escorts Ltd. and ors.

Court : Supreme Court of India

Subject : Commercial

Acts : Transfer of Property Act - Sections 6 and 110; Constitution of India - Articles 14, 19, 32 and 226

Reported in : AIR1986SC1370; [1986]59CompCas548(SC); (1986)1CompLJ91(SC); 1986(8)ECC189; 1985(2)SCALE1289; (1986)1SCC264; [1985]Supp3SCR909

concerned is ground No. 5 which stated,that the company is prohibited by the provisions of Section 19 of FERA from registering transfer of shares in its books when it has reasons to suspect that there has been

M/S. Telestar Travels Pvt. Ltd. and Others Vs. Special Director of Enf ...

Court : Supreme Court of India

Subject : FERA

Acts : Foreign Exchange Regulation Act, 1973 - Section 37, 51, 14, 79; Customs Act - Section 167 (8); Imports and Exports (Control) Act, 1947 - Section 3(2)

a Division Bench of the High Court of Judicature at Bombay whereby the High Court has partly allowed FERA Appeal Nos.8 to 11 of 2008 that assailed the common order dated 28th November, 2007 passed by the … arrange air passage for the crew from Bombay and other places in India to particular ports abroad. The company would then take steps to have tickets issued on the basis of such instructions for different destinations. The

M/S. Telestar Travels Pvt. Ltd. and ors. Vs. Special Director of Enfor ...

Court : Supreme Court of India

Subject : FERA

a Division Bench of the High Court of Judicature at Bombay whereby the High Court has partly allowed FERA Appeal Nos.8 to 11 of 2008 that assailed the common order dated 28th November, 2007 passed by the … arrange air passage for the crew from Bombay and other places in India to particular ports abroad. The company would then take steps to have tickets issued on the basis of such instructions for different destinations. The

Sunil Arvindbhai Kapadia Vs. Union of India (Uoi)

Court : Gujarat

Subject : FERACriminal

Acts : Constitution of India

Reported in : (2000)1GLR72

under Section 7 of the Foreign Exchange Regulation Act, 1993 (46 of 1993) (hereinafter referred to as 'the FERA'). The company was authorised by the RBI vide the above licence dated 1.7.1998 and the said company was

Shailendra Swarup Vs. The Deputy Director,enforcement Directorate

Court : Supreme Court of India

Subject : FERA

letter dated 26.03.2001. The Directorate of Enforcement decided to hold proceedings as contemplated in Section 51 of the FERA, 1973 read with Section 3 and 4 of Section 49 of FEMA and fixed 22.10.2003 for personal hearing. … challenged.2. Brief facts of the case giving rise to this appeal are:2. 1 Modi Xerox Ltd.(MXL) was a Company registered under the Companies Act 1956 in the year 1983. Between the period 12.06.1985-21.11.1985, 20 2 remittances were

Escorts Ltd. and Another Vs. Union of India and Others

Court : Mumbai

Subject : Company

Acts : Companies Act, 1956 - Sections 10E, 10E(6), 28, 47, 81, 111, 111(2), 165, 173, 173(1), 173(2), 184, 210, 284, 284(3), 284(4), 301, 391, 392, 393, 394, 433 and 637; Banking Regulation Act, 1949 - Sections 35A; Foreign Exchange Regulation Act, 1973 - Sections 5, 8, 9, 19, 19(1), 19(4), 19(5), 21, 21(2), 21(3), 28, 28(1), 29, 29(1), 29(2), 29(4), 30, 47, 47(1), 47(2), 47(3), 47(4), 50, 56, 57, 61(2), 73, 73(3) and 75

Reported in : [1985]57CompCas241(Bom)

the powers conferred on it under s. 73(3) of the Foreign Exchange Regulation Act, 1973 (for shorter 'the FERA'), issued Circular No. 9, dated April 14, 1982, (Exh.'G'), liberalising the policy in respect of 'investment by non-residents … investments not exceeding Rs. 1 lakhs in face value of 1% of the paid-up share capital of the company, whichever was lower, the payments for such investments were to be either by fresh remittances from abroad or

Standard Chartered Bank and ors. Vs. Directorate of Enforcement and or ...

Court : Supreme Court of India

Subject : FERA

Acts : Foreign Exchange Regulation Act, 1973 - Sections 50, 51, 52, 54, 56, 56(1), 56(2), 59, 61, 61(2), 63, 64(1), 64(2), 68, 68(1) and 68(2); Companies Act; Foreign Exchange Regulation Act, 1947 - Sections 23D; Income Tax Act - Sections 276C; Indian Penal Code (IPC) - Sections 40; General Clauses Act - Sections 3(38); Customs Act - Sections 140(1); Constitution of India - Articles 14, 20(3), 21 and 31B; Code of Criminal Procedure (CrPC) - Sections 482; Criminal Law

Reported in : AIR2006SC1301; 2006(1)ALD(Cri)614; II(2006)BC391(SC); 2006(3)BomCR621; (2006)2CALLT42(SC); [2006]130CompCas341(SC); 127(2006)DLT747(SC); 2006(197)ELT18(SC); JT2006(3)SC421; (2006)4SCC278

No. 5892/2004.1. On receipt of notices under the Foreign Exchange Regulation Act, 1973 (hereinafter referred to as the FERA) for showing cause why adjudication proceedings for imposition of penalty under Sections 50 and 51 of the FERA … decided was whether in a case where an offence was punishable with a mandatory sentence of imprisonment, a company incorporated under the Companies Act, can be prosecuted, as the sentence of imprisonment cannot be imposed on the