Court : Rajasthan
Reported in : RLW2006(3)Raj2424; 2006(4)WLC515
..... new specialized courses as per the growing need of the society. this is not possible without developing a cadre of class entrepreneurs, who can design new courses and launch them effectively. the entry of corporate world must be looked in right perspective. the government of india has been supporting the education ..... of a campus, classrooms, lecture theatres, laboratories, offices, besides some playgrounds and also sports facility for overall development of personality of the students. however, under the provisions of the impugned act, a proposal which is on paper and merely gives some kind of a plan or scheme to be done in ..... india council 'ofsection 3 the object of the university technical education established undershall be- all india council of technical education1. to provide instructions, teaching and act, 1987 (central act no. 52 of 1987);training in higher education and make (b) 'csir' means the council ofprovisions for research, advancement scientific and industrial research, newand .....
Tag this Judgment!Court : Rajasthan
Reported in : [1994]81CompCas872(Raj)
..... to remain outside the winding up proceedings the question also arises whether riico, having taken possession of the respondent-company under section 29 of the financial corporations act, can proceed to realise its dues against the respondent-company by sale of machinery, etc., mortgaged with it towards the payment of loans advanced to ..... , being a secured creditor, could opt to remain outside the winding up proceedings, more so, in view of the provisions of the financial corporations act which is a special act. it has already taken possession of the properties charged with it which charge was registered with the registrar of companies in accordance with law. it ..... it was directed that the same be advertised and published. under the present order, the application dated august 11, 1989, filed by the rajasthan state industrial development and investment corporation ltd. (for short 'riico') seeking leave of the court to remain out of the winding up proceedings, is to be disposed of.2. riico .....
Tag this Judgment!Court : Rajasthan
Reported in : 2001ACJ1834; AIR2000Raj327; 2000(4)WLC311
..... , but declined to grant interest on the decretal amount. hence, this first appeal is confined only to the question of liability of the respondent, life insurance corporation branch, jhalawar (for short 'lic') to pay interest for the period after the death of policy-holder and upon repudiation of their claim having been held ..... observed that the interest cannot be claimed under section 34, ipc as its provisions have not been specifically made applicable to the proceedings under the consumer protection act 1986. however, the apex court held that the general provision of section 34 being based upon justice, equity and good conscience would authorise the redressal forums ..... the evidence on record, concluded that the defendant failed to establish three conditions and circumstances expressly stated in second part of section 45 of the insurance act which are necessary to justify the repudiation of the claim of the plaintiffs.21. thus, without expressing any opinion on the merits of the conclusions of .....
Tag this Judgment!Court : Rajasthan
Reported in : AIR2001Raj184; 2001(4)WLC14; 2001(2)WLN536
..... a duty on the instrument shall be chargeable as on conveyance of the said properly which includes the land, building standing therein and machinery embedded therein including development charges leviable which go to constitute the market value of the entire properly in question. for this proposition, the learned counsel relies on a decision of ..... bombay vs. m/s. shantilal chhotelal & co. (2), m/s. filterco vs. commissioner of sales tax, m.p. (3) and shrikant kashinath jituri vs. corporation of the city of belgaum (4) that when the condition precedent for filing an appeal is deposit of substantial portion of demand raised and about which no discretion vests in ..... which lease of the immovable properly determines, includes 'determination of leaseby implied surrender' too is in consonance with above principles. in mulla's transfer of property act 9th education the position has been explained:-implied surrender or surrender by operation of law (1) by the creation of a new relationship; or (2) by .....
Tag this Judgment!Court : Rajasthan
Reported in : AIR1988Raj16; [1988]64CompCas334(Raj); 1987(1)WLN627
..... , whether started, acquired, or otherwise taken over, by the state government, or in respect of which a notified order under section 18a of the industries (development and regulation) act, 1951 (central act 65 of 1951) is in operation, and carried on, or proposed to be carried on, by itself, or under its authority or to which any loan ..... , then such a law would fall within the entry 43 beyond the competence of the state legislature. entry 44 deals with incorporation regulation and winding up of corporations. emphasis has been placed on entry 43 and also on entry 95, which deals with jurisdiction and powers of all courts except the supreme court with respect ..... courts (other than the supreme court) relating to the subject-matters coming under the present entry e.g. banking companies. 44. incorporation, regulation and winding up of corporations, whether trading or not, with objects not confined to one state, but not including universities. scope of entries 43-44 of list i. the scope of these two .....
Tag this Judgment!Court : Rajasthan
Reported in : AIR1985Raj104; 1984()WLN291
..... that citizens are not forced by economic necessity to enter avocations unsuited to their age or strength; (f) that children are given opportunities and facilities to develop in a healthy manner and in conditions of freedom and .dignity and that childhood and youth are protected against exploitation and against moral and material abandonment.' ..... order to secure the proper management of the property, or (c) the amalgamation of two or more corporations either in the public interest or in order to secure the proper management of any of the corporations, or (d) the extinguishment or modification of any rights of managing agents, secretaries and treasurers, managing directors ..... person of that village. explanation-- for the purpose of this proviso 'sagri' means the bonded labourer as defined in the bonded labour system (abolition) act. 1976 (central act no. 19 of 1976).' 90. as per resume of the arguments earlier, the challenge with the computation of area ofbarani, to uncommand land with command .....
Tag this Judgment!Court : Rajasthan
Reported in : RLW2004(4)Raj2528; 2004(4)WLC219
..... as a state agency.10. the various controls which are exercised by the state under the provisions of the different enactments such as factories act, industries (development and regulation) act are of special significance.11. the expression 'other authorities' in article 12 must be given a board and liberal interpretation where constitutional fundamentals ..... the government in many of its commercial ventures and public enterprises is resorting to more and more frequently to this resourceful legal contrivance of a corporation because it has many practical advantages and at the same time does not involve the slightest diminution in its ownership and control of the undertaking. ..... by government, they may be completely free from governmental control in the discharge of their functions. what then are the tests to determine whether a corporation established by statute or incorporated under law is an instrumentality or agency of government? it is not possible to formulate an all- inclusive or .....
Tag this Judgment!Court : Rajasthan
Reported in : [1996]86CompCas620(Raj)
..... winding up order, and that the creditor between himself and the company could file a suit to recover the debt is irrelevant. similarly in surindra packers v. punjab land development and reclamation coloration ltd. [1989] 66 comp cas 883, a learned judge of the punjab and haryana high court held that where the company made their payment and ..... it remains unsatisfied he will be so entitled. where a debt is bona fide disputed, it cannot be said that there is negligence to pay. in the matter of advent corporation put. ltd. [1969] 39 comp cas 463, the bombay high court held that where a company fails to comply with section 434(1)(a) for payment of a ..... repeated requests and demands, the amount has not been paid. finally, the petitioner served a statutory notice dated may 19,1991, under section 434 of the companies act, 1956 (for short, 'the act'). the notice was sent by registered post acknowledgment due and, it was delivered to the respondent-company on may 25, 1991. the company sent its reply .....
Tag this Judgment!Court : Rajasthan
Reported in : (2004)186CTR(Raj)59; [2004]269ITR461(Raj)
..... nothing to show that during the assessment year in question the borrower had exercised such discretion to alter the condition. the decision in madras industrial investment corporation's case (supra) was found to be fully applicable to the case to affirm the order of the tribunal. the bombay high court had treated ..... made either to the trustees on behalf of the debenture holders, or directly to the debenture holders themselves in proportion to their individual subscriptions.'the later development in large-scale issues of debt securities by major public companies which have unimpeachable records of financial soundness and stability has been the diminution of the ..... same preliminaries before it does issue debenture for raising loan for its business purpose.28. to overcome these procedural difficulties, section 90 of the companies act of england confers power to reissue the debentures so repaid unless the company has manifested an intention to cancel them and extinguished the security of which .....
Tag this Judgment!Court : Rajasthan
Reported in : [1998]230ITR362(Raj)
..... of the supreme court in satrughan isser's case : [1967]1scr7 : ''the act seeks to make fundamental changes in the concept of a coparcenary and the rights of members of the family in coparcenary property. the hindu law as laboriously developed by the anglo-indian courts in the light of certain basic concepts expounded by the ancient ..... law givers, had acquired a degree of consistency and symmetry. the act in investing the widow of a member of a coparcenary with the interest which ..... very object and purpose behind the doctrine of 'relating back' stands adversely affected. it is particularly so in the presence of section 14 of the hindu succession act 1956, when the said provision is read in the context of the well settled principle that inheritance does not remain in abeyance and property once vested cannot be .....
Tag this Judgment!