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Judgment Search Results Home > Cases Phrase: banking companies acquisition and transfer of undertakings act 1970 chapter 1 preliminary Sorted by: old Page 13 of about 591 results (0.097 seconds)

Nov 25 2005 (HC)

The Commissioner, Bangalore Development Authority and anr. Vs. State o ...

Court : Karnataka

Reported in : ILR2006KAR318; 2006(1)KarLJ1

..... a wide field as may be evidenced by the elaborate provisions for preparation and implementation of the schemes by the trust under the said act. although acquisition under the acquisition act is also generally for public purpose, the charter of the requisition under the improvement act is different and the difference has a definite and intimate ..... 2004 is allowed and acquisition of land in respect of 53 acres of land in nagavara village which is the subject-matter of the aforesaid writ petition is quashed.(2) w.a. no. 2757 of 2005 is partly allowed. in w.p. no. 25807 of 2004 filed by tata housing development company in respect of land ..... bearing sy. nos. 17/1, 18, 19, 20, 26 and 94 situated at hennur village, kasaba hobli, bangalore, in all measuring about 26 acres 12 guntas, the finding of the learned single judge is set aside. liberty is granted to the petitioners therein to make appropriate application before the bda for deleting the said land from acquisition .....

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Jan 09 2006 (HC)

Dr. Anil K. Khandelwal and 14 ors. Vs. Shri Maksud Saiyed and anr.

Court : Gujarat

Reported in : 2006CriLJ3180; (2006)3GLR2043

..... share was being made pursuant to the sanction of government of india and in consultation of the reserve bank of india (rbi) vide its letter f no. 001/26/2003-boa dated october 19, 2004 under section 3(2b)(c) of the banking companies (acquisition & transfer of undertaking) act, 1970, as amended and the resolution passed at the meeting of ..... board of directors of the bank on october 23, 2003 and the shareholders of the bank at the egm held on november 25, 2003. it is alleged by the ..... accused no. 14 has without any authority signed and affirmed some statements. the gravamen of the allegation of the complainant is that the bank has filed a false claim against the company by virtue of which the business of the complainant got seriously affected and his reputation in the society has got tarnished and thereby he .....

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Feb 13 2006 (HC)

In Re: Pharmaceutical Products of India Ltd.

Court : Mumbai

Reported in : [2006]131CompCas747(Bom); (2006)5CompLJ282(Bom); [2006]70SCL93(Bom)

..... before this court as to why 18 institutions have been selectively identified as described unsecured creditors. no assertion has been made in the petition that each of them are banking companies or financial institutions. the argument seems to be attractive. however, no specific objection is taken in the reply affidavit that no assertion has been made that all ..... by the bifr.(e) approvals of the shareholders of wanbury.(f) approval and acceptance of an overall settlement including an order for merger, or other mode of acquisition of assets of ppil by wanbury or such scheme of ppil by bifr/aaifr.(g) filing and submission of any of the aforesaid orders of any forum with any ..... passed by the bifr.(e) approvals of the shareholders of wanbury.(f) approval and acceptance of an overall settlement including an order for merger, or other mode of acquisition of assets of ppil by wanbury or such scheme of ppil by bifr/aaifr.(g) filing and submission of any of the aforesaid orders of any forum with any .....

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Apr 27 2006 (TRI)

In Re: Investigation Into Initial

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... size up the issue in all its enormity.16.2. in the recent past while examining off-market transactions in the ipos of yes bank ltd('ybl') and infrastructure development finance company limited ('idfc'), it came to the notice of sebi that certain entities had cornered ipo shares reserved for retail applicants by making applications ..... benami / fictitious names. the various groups of key operators were the necessary adjuncts in the entire gamut of machinations. karvy group of companies which were acting as dp, introducer of bank account, provider of ma rgin finance, arrangement of ipo finance through tie up with bhob besides being broker to the issue and registrar ..... the year 2003, there were many public issues / initial public offer of equity shares by premier companies in the public sector such as maruti udyog ltd, uco bank, vijaya bank and others. this is apart from, other blue chip companies raising capital by issuance of shares in the primary market.13.6. in order to enlarge client base .....

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May 02 2006 (HC)

SumikIn Bussan (Hong Kong) International Limited Vs. Manharlal Trikamd ...

Court : Mumbai

Reported in : 2006(6)ALLMR347; 2006(4)BomCR131

..... and conditions of sale were finalised by the sheriff of mumbai. 3. respondent no. 2, the applicant to the above chamber summons, is the ing bank, n.v., a banking company, incorporated under the laws of netherlands. aggrieved by the fact that the particulars and conditions of sale finalised by the sheriff of mumbai do not mention ..... the licensed premises shall not constitute a default by the licensee under the leave and license agreement and the licensors shall not be entitled to invoke the bank guarantee referred to hereinafter. without prejudice to the aforesaid and notwithstanding anything herein contained, the security deposit shall thereupon from the date of expiry or termination ..... 13. the learned single judge did not consider these aspects, quite obviously in view of a judgment of anr. learned single judge of this court in hongkong and shanghai banking corporation ltd. v. diamant borat india private ltd. 1998 (1) lj 37 : 1998 (2) mah.l.j. 35, the ratio of which supports the appellant' .....

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Jul 03 2006 (HC)

i.T.C. Limited Vs. Pradeep Anand and ors.

Court : Delhi

Reported in : 2006(3)ARBLR67(Delhi)

..... at the meeting has been given to every director in the manner specified in section 286.39. sub-section (2) of section 372 of the companies act puts a restriction on the acquisition of shares as per the conditions specified in section 372. insofar as sub-section (2) of section 372 is concerned, it may be noted that ..... corporate. section 30-b has 4 ingredients : (i) the requirement of prior approval of the central government; (ii) acquisition or agreement to acquire equity shares in a public company or a private company, which is the subsidiary of a public company; (iii) the acquisition to be in its own name or in the name of any other person; and (iv) the ..... concerned at all with the intent of the parties, if the parties enter into a prohibited contract, that contract is unenforceable. (see st. john shipping corporation v. joseph bank (1957) 1 qb 267. (see also halsbury's laws of england third edition vol. 8 p.141).25. learned senior counsel for itc contended that the aforesaid observations .....

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Jul 26 2006 (HC)

Shri Asseem Paul Vs. Uco Bank

Court : Delhi

Reported in : 132(2006)DLT460

..... v since 2001. he challenges denial of his promotion in the years 2001, 2002 and 2003. the respondent bank has framed uco bank (officers') service regulations, 1979 under section 19 read with section 12(2) of the banking companies (acquisition and transfer of undertakings) act, 1970. chapter iv of these regulations deal with appointment, probation, confirmation, ..... is given up, the distribution of marks isfor performance 60; andfor interview 40.------total 100for assessing the performance the following practice has been observed by the bank. the annual performance appraisal report or the par is recorded on a prescribed form. the first part of the form is filled by the appraisee ..... give his assessment of the appraisee. the reviewing authority then makes his own assessment and records the same in the same form. another circular of the bank dated 18.10.1997, inter alia, prescribes that officers working in branches should submit their par to the branch manager, officers working in the regional .....

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Aug 22 2006 (SC)

Confederation of Ex-servicemen Associations and ors. Vs. Union of Indi ...

Court : Supreme Court of India

Reported in : AIR2006SC2945; JT2006(8)SC547; (2007)2MLJ427(SC); RLW2007(1)SC359; 2006(8)SCALE399

..... . union of india : air1990sc1480 ; delhi transport corporation v. delhi transport corporation mazdoor congress : (1991)illj395sc ; kapila hingorani v. state of bihar : (2003)iiillj31sc ; district registrar and collector, hyderabad v. canara bank : air2005sc186 . 39. the stand of the union of india, however, is that to provide medical facilities to all defence personnel in service as well as retired, necessary steps have been .....

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Oct 11 2006 (TRI)

Yogesh Ochhavlal Shah Vs. Union of India (Uoi) and ors.

Court : Central Administrative Tribunal CAT Ahmedabad

Reported in : (2007)(2)SLJ90CAT

..... . 18. secondly, the ministry of finance, government of india has no jurisdiction to issue the impugned directive to banking institutions. the government may regulate the banking institutions within the power located under the banking companies (acquisition and transfer of undertakings) act, 1970. so far as we could see, section 8 is the only provision ..... which empowers to the government to issue directions. section 8 reads: every corresponding new bank shall, in the discharge of its ..... as the central government may, after consultation with the governor of the reserve bank, give. 19. the corresponding new bank referred to in section 8 has been defined under section 2(0 of the act to mean a banking company specified in column 1 of the first schedule of the act and includes the .....

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Oct 25 2006 (FN)

Deutsche Morgan Grenfell Group Plc (Respondents) Vs. Her Majesty's Com ...

Court : House of Lords

..... the base, the particular unjust factors such as mistake, pressure and undue influence become reasons why, higher up, there is no basis for the defendant's acquisition, which is then the master reason why, higher up still, the enrichment is unjust and must be surrendered." i would be glad to see the law developing ..... dmg (formerly morgan grenfell group plc) was established in 1971 as a holding company for morgan grenfell and co limited, a long-established merchant bank. dmg was listed on the london stock exchange in 1986. deutsche bank ag ("dbag"), a well-known german bank, had acquired a 5% stake in dmg in 1984 and in 1989 it ..... relating to capital." 95. several different statutory provisions relating to united kingdom corporation tax (in particular, as it applies to multi-national groups or consortia of companies) have been successfully challenged, or are at present under challenge, as infringing article 43. the challenges have been so numerous that litigation is proceeding under several .....

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