Court : Punjab and Haryana
Reported in : [1999]96CompCas460(P& H)
..... a public place is a statutory duty cast on the insurance companies. as already observed, the business of general insurance including motor vehicle insurance was nationalised in the year 1972, and the government has taken over the business of general insurance including the motor vehicle insurance. therefore, the insurance companies ..... 30. every policy issued is required to be registered in the records. every insurance company shall maintain the record and under the general insurance business (nationalisation) act, 1972, the central government has got the power to issue directions and the central government also have got the power to control the ..... the government of india has taken over general insurance business including motor vehicle insurance business. therefore, after the coming into force of the general insurance business (nationalisation) act, 1972, all the business of general insurance came under the monopoly of the central government. under section 35 of the said act, the provisions .....
Tag this Judgment!Court : Guwahati
..... , to what extent. as i have already pointed out, the learned. counsel for the respondent no. 2 took a legal objection that after the passing of the general insurance business (nationalisation) act 1972, the respondent no. 2 should have been substituted by the . general insurance corporation of india. there is no force in this contention. indian insurance companies were, not wiped ..... that these are highly inflated. the first contention of the learned counsel for the respondent no. 2 (m/s. new india assurance co. ltd.) was that the company having been nationalised in the meantime, the corporation of general insurance should have been substituted as respondent in place of the present respondent no. 2 and that no decree can be passed against .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : AIR1996AP413; 1996(2)ALT757; [1999]96CompCas645b(AP)
..... ) the life insurance corporation of india, established under the life insurance corporation act, 1956 (31 of 1956); (d) the general insurance corporation of india constituted under the general insurance corporation (nationalisation) act, 1972 (57 of 1972); (e) the unit trust of india, establishedunder the unit trust of india act, 1963 (52 of1963); (f) the industrial credit and investment corporation of india ..... , 1956 (1 of 1956); (g) the subsidiaries of any of the corporations or companies specified in (a) to (f) and any subsidiary of the state bank of india or any nationalised bank set up for providing merchant banking services, buying and selling securities and other similar activities. (4a) a company as defined in the companies act, 1956 (i of 1956), shall .....
Tag this Judgment!Court : Supreme Court of India
Reported in : I(2001)ACC618; 2001ACJ827; AIR2001SC1832; 2001(3)ALT34(SC); [2001]105CompCas743(SC); (2001)3GLR2156; JT2001(4)SC477; 2001(2)KLT235(SC); (2001)2MLJ180(SC); RLW2001(2)SC231;
..... whereof cannot be ascertained in spite of reasonable efforts for the purpose; (c) 'scheme' means the scheme framed under section 163. (2) notwithstanding anything contained in the general insurance business (nationalisation) act, 1972 (57 of 1972) or any other law for the time being in force or any instrument having the force of law, the general insurance corporation of indian formed .....
Tag this Judgment!Court : Gujarat
Reported in : IV(2006)ACC345; 2006ACJ2019; AIR2006Guj120; (2006)2GLR1257
..... recent decision in state of haryana v. darshan devi 1979 acj 205 this court observed:-now that insurance against third party risk is compulsory and motor insurance is nationalised and transport itself is largely by state undertakings, the principle of no fault liability and on the spot settlement of claims should become national policy. 19. unless ..... may be paid every month to the dependents according to their share for the period to which they are entitled.21. the insurance companies are now nationalised and the necessity for awarding lump sum payment to secure the interest of the dependents is no longer there. regular monthly payments could be made through one ..... of the nationalised banks nearest to the place of residence of the dependents. payment of monthly installments and avoidance of lump sum payment would reduce substantially the burden on .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2010ACJ165; AIR2009AP142; 2009(3)ALT121
..... terms used in that chapter. as per section 145(a) of the act 'authorised insurer' means an insurer carrying on general insurance business in india under the general insurance business (nationalisation) act, 1972. a 'policy of insurance' includes certificate of insurance, which means a certificate issued by an authorized insurer under section 147(3) of the act. section 146 of the .....
Tag this Judgment!Court : Delhi
..... the insurance industry and for matters connected therewith or incidental thereto and further to amend the insurance act, 1938, the life insurance corporation act, 1956 and the general insurance business (nationalisation) act, 1972.'28. the statement of objects and reasons ('sor') indicates that a need was felt for the insurance industry, which was being privatized, to be regulated. after specifying in .....
Tag this Judgment!Court : Delhi
Reported in : [1981(43)FLR179]; 1981RLR92
Avadh Behari, J.(1) Avadh Behari Rohatgi, J. These three writ petitions raise a common question of law. They were heard together. This judgment will govern them all. (2) T.B. Association of India is a society registered under the Societies Registration Act 1860. It was founded in 1939 with the object of 'prevention, control, treatment and relief of tublerculosis.' They have also State Associations throughout India having similar objects. The Association has started a hospital known as Lala Ram Swarup T.B. Hospital at Mehrauli. They have also a T.B. Centre at Asaf Ali Road, New Delhi. (3) T. B. Association is petitioner in C.W. No. 1356 of 1978. Lala Ram Swarup T.B. Hospital is petitioner in C.W. No. '217 of 1978. T.B. Centre is petitioner in C.W. No. 1218 of 1978. We will take these three cases separately. (4) C.W. No 1356 of 1978. T.B. Association has a Provident Fund Scheme which is governed by the Provident Fund Act 1925 (Act of 25). In the Schedule to that Act the name of T.B. Asso...
Tag this Judgment!Court : Patna
..... limited (the petitioner in c.w.j.c. no. 783/ 94(r) is a government company owning several collieries which were nationalised by and under the coal mines nationalisation act, 1973. it received a notice of demand on 7-12-93 requiring it to pay the tax under section 89 of the ..... name of the act, the preamble, the definition of land' which includes sub-soil, declaration of the coal-mining development area, constitution of the coal-mining area development authority for coal mining development area, functions and powers of the coal-mining area development authority, preparation of development plans and development schemes clearly establish that the act has been enacted for ..... (land use tax) rules, 1994 (hereinafter referred to as the rules). the prayer seeking appropriate writ and/or order declaring section 89 of the bihar coal mining area development authority act, 1986 (hereinafter referred to as the act) as amended by the amendment act as ultra vires is also there. consequential and incidential .....
Tag this Judgment!Court : Mumbai
Reported in : [2002]109CompCas18(Bom)
..... court will tend to react adversely, regarding this as an encroachment upon its constitutional sphere.' 91. the court also quoted with approval the earlier judgment in the case of sanjeev coke ., : [1983]1scr1000 , wherein the court had held (p. 254): 'no one may speak for parliament and parliament is never before the court. after parliament has said what ..... wlr 180 (hl) was referred to and followed in the correct perspective. he also referred to a judgment of the supreme court in the case of kuju collieries v. jharkhand mines ltd., : [1975]1scr703 , to contend that the contract would be void vis-a-vis the defendants. in para. 8 of the judgment, the supreme court observed as follows ..... him to the relief to which he would otherwise be entitled. he also referred me to the another judgment of the chancery division in the case of mosely v. koffyfontein mines, ltd. [1911] 1 ch d 73. in that case, the plaintiff who was a director of the company at the relevant time had originated the alteration in .....
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