Court : Kerala
Reported in : AIR1991Ker344
ORDERT.L. Viswanatha Iyer, J.1. The petitioner challenges the order Ext. P13A passed by the Joint Registrar of Co-operative Societies under Section 68 of the Kerala Co-operative Societies Act, 1969 (the Act) and its confirmation in appeal by the proceedings Ext. P17 of the Government. The order Ext. P13A had previously been confirmed by the government by their order Ext. P15 which was challenged in a writ petition O.P. No. 3195 of 1986 in this court. This court was of the opinion that government had not dealt with the matter properly in the light of the principles laid down in decisions like Sundaram Iyer v. Dy. Registrar, Co-op. Societies, AIR 1957 Madras 634, Subbamal v. Tenkasi Co-op. Urban Bank, AIR 1977 Madras 92 and Sathyamangalam Co-op. Urban Bank Ltd. v. Dy. Registrar of Co-op. Society. (1980)2 MLJ 17. Ext. P15 was accordingly quashed and government was directed to reconsider the petitioner's appeal in accordance with law and in the light of the observations contained in the ju...
Tag this Judgment!Court : Kerala
Reported in : AIR1991Ker76
1. Appeal is by the plaintiff against the dismissal of her money suit on the ground of limitation.2. Respondent's son married her in 1970. Thirty sovereigns of gold ornaments belonging to the appellant was utilised by the respondent for renovating his thatched building. Revision started in 1974 and completed in March, 1975. Ornaments were sold for that purpose on 23-1-1975. That fact was admitted by the respondent in Ext. A-1 Will executed by him on 16-6-1977. By that Will the building and the land on which it stands was bequeathed to the appellant. The Will was subsequently revoked. It was then that the application for permission to sue as an indigent person for the value of ornaments was filed on 19-1-1978. That was dismissed on 19-1-1979. C.M. Appeal 299 of 1979 filed against that decision was dismissed on 19-11-1981 granting two months' time to pay Court-fee on the ground that she suppressed her assets and means. Instead of paying Court-fee and converting the suit filed along with ...
Tag this Judgment!Court : Kerala
Reported in : [1990]69CompCas339(Ker)
T.L. Viswanatha Iyer, J. 1. Section 58A of the Companies Act, 1956, was introduced by the Companies (Amendment) Act, 1974, enabling the Central Government to prescribe the limits up to which, the manner in which, and the conditions subject to which, deposits may be invited or accepted by a company either from the public or from its members. The prescriptions made mention of in Section 58A are contained in the Companies (Acceptance of Deposits) Rules, 1975 (hereinafter referred to as 'the Rules'), dated February 3, 1975. Rule 3 prescribes the conditions relating to acceptance of deposits by companies. Sub-rule (1) provides, inter alia, that, on and from the commencement of the Rules, the deposits accepted by a company shall not exceed 10% of the aggregate of the paid-up share capital and free reserves of the company. The Explanation to the rule states that, for the purpose of the rule, in arriving at the aggregate of the paid-up share capital and free reserves of a company, there shall ...
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