Judgment Search Results Home > Cases Phrase: finance act 1970 section 26 amendment of act 27 of 1957 Court: andhra pradesh Page 98 of about 2,265 results (1.691 seconds)

Mukesh Kumar and Others Vs. The Debts Recovery Tribunal rep., by its R ...

Court : Andhra Pradesh

..... other hand, sri k.v. subrahmanya narusu, learned counsel for the 2nd respondent - bank, would submit that the statutory remedy of appeal, under section 18 of the sarfaesi act, is effective and efficacious; and the petitioners cannot, without exhausting the alternative remedy, straightaway invoke the extra-ordinary jurisdiction of this court under article 226 ..... taken away absolutely but should be exercised in exceptional cases. (state of karnataka v. vishwabharathi house building co-op. society (2003) 2 scc 412); landt finance limited v. anup kumar bera (air 2014 calcutta 78). while the powers conferred upon the high court, under article 226 of the constitution, to issue to ..... (i) the state (government); (ii) an authority; (iii) a statutory body; (iv) an instrumentality or agency of the state; (v) a company which is financed and owned by the state; (vi) a private body run substantially on state funding; (vii) a private body discharging public duty or positive obligation of public nature; and .....

Prasad Sushee Joint Venture, Hyderabad Vs. The Singareni Colleries Com ...

Court : Andhra Pradesh

..... shares of stock in the subsidiary company are held as assets on the books of the parent company and can be issued as collateral for additional debt financing. holding company and subsidiary company are, however, considered as separate legal entities, and subsidiary is allowed decentralized management. each subsidiary can reform its own ..... was submitted by the 3rd respondent, on behalf of the holding company, and the 2nd respondent was fully justified in taking into consideration the experience and finances of the holding company, while assessing and qualifying the 3rd respondent for evaluation of bids. 8. the counter affidavit further refers to the earlier tenders ..... mean a subsidiary company within the meaning of section 4 of the act, 1956. for the purpose of the act, 1956, a company shall be, subject to the provisions of sub-section (3) of section 4, of the act, 1956, deemed to be subsidiary of another. clause (1) of section 4 of the act, 1956 further imposes certain preconditions for a .....

R.C.C.(Sales) Private Limited and Ano Vs. E.S.I. Corporation andot

Court : Andhra Pradesh

..... single judge. (emphasis supplied) 5.2 the learned judge while making reference also considered the provisions of section 17 of the workmens compensation act, 1923, and section 30 of the contract labour (regulation and abolition) act, 1970, and observed that absence of such similar provisions in the esi act may suggest that it is open to the parties to contract out. it was further observed that the ..... maternity and employment injury and to make provisions for certain other matters in relation thereto. the act is divided into viii chapters. chapter i mainly consists of definitions, chapter ii provides for constitution of corporations, standing committee and medical benefit council, chapter iii provides for finance and audit in respect of the employees state insurance fund, chapter iv provides for contributions by .....

Emco Limited and Another Vs. Transmission Corporation of A.P. Limited, ...

Court : Andhra Pradesh

Reported in : 2001(1)ALD357; 2001(1)ALT299

..... favouritism. however, it must be clearly stated that there are inherent limitations in exercise of that power of judicial review. government is the guardian of the finances of the state. it is expected to protect the financial interest of the state. the right to refuse the lowest or any other tender is always ..... referring to the collaboration agreement entered into by the petitioner, the learned advocate-general submitted that it does not satisfy the requirement stipulated in the qualification under section vii-a, clause i (a) regarding two years successful operation and 40% production. finally he submitted the scope of judicial review is limited only to ..... which the loan was granted with the aforementioned policy and guide lines and the petitioners not qualifying under section vii-a clause i (a) the burden is on the petitioners to establish that the 1st respondent has acted in an arbitrary manner. even according to the 2nd petitioner's affidavit, the petitioners have been considered .....

S. Goverdhan Vs. Rani Laxmidevamma College of Arts, Commerce and Scien ...

Court : Andhra Pradesh

Reported in : AIR1983AP125

..... that the college is affiliated to the osmania university and is also admitted to grant-in-aid by the government and so receives finances from the government further it is also bound by the act, rules and regulations and instructions issued by the government of and on.11. the question hearin is whether it is an authority ..... 10-1980 students who were arrested by the police for involvement in criminal cases, should be rusticated till the cases are decided the petitioner has indulged in such acts even before his admission to the college and therefore, in oroder to maintain discipline law and order, it is not desirable to admit the petitioner on this ground ..... come within the definition of 'authority' as envisaged under art. 12 of hte constitution of india. therefore no writ lies against it. under the education code, the act and the rules made thereunder, the director of higher education is the appellate authority against a decision made by the college. the petitioner in fact, has already preferred .....

Duggirala Balarama Krishnayya Vs. Arokapudi Jagannadha Rao

Court : Andhra Pradesh

Reported in : AIR1983AP136

..... : air1975kant84 . in union of india v. j.c. funds & finance : (1976)iillj69sc (supra) their lordships of the supreme court held that the provison relating to the exemption of stipends and gratuities allowed to pensioners under section 60(1)(g) and compulsory deposits under provident funds act under proviso (k) of the said provison are based upon public policy ..... is no longer permissible and such agreement to waive the benefit of an exemption under this section shall be void. this reference is made before amendment and out decision governs only cases prior to the amending act as the amendment made to section 60 was not given retrospective effect specifically as per s. 97 (2) (g) of ..... the amending act stating that the provisions of s. 60 of the principal act as amended by s. 23 of the amending act shall not apply to any attachment made .....

Lan Eseda Steels Ltd. and anr. Vs. Assistant Commissioner of Income-ta ...

Court : Andhra Pradesh

Reported in : [1994]209ITR901(AP)

..... company, and this design disentitled the petitioner from any relief. it is also submitted that sri bhatia has filed an appeal under section 132 of the act assailing the order under section 132 of the act and parallel proceedings in this court at the instance of the company of which he is the authorised signatory may not be countenanced. ..... contention urged by counsel for the revenue that five directors of the company were only nominal name lending directors or that some of them were employees of the financing/investment companies which are under the control of sri shyam bhatia. those are matters which have to be decided in other proceedings. suffice it for us to ..... well-settled that an amount in credit with the banker is always liable to attachment. an action in that behalf can be taken under sub-section (3) of section 132 of the act. that provision contemplates a prohibitory order not to deal with the monies deposited by the petitioner except with the prior permission of the authority. such .....

Laxmi Starch Limited Vs. Union of India

Court : Andhra Pradesh

Reported in : 1994(1)ALT426; 1993(43)ECC1; 1993(67)ELT769(AP)

..... to make an application for refund of such duty to the assistant collector of excise, within the expiry of six months from the date of payment of duty. by finance no. 2 act, 1980 (act 44/80) in sub-section (1) of section 11b for the words 'from the date of payment of duty' the words 'from the relevant date' were substituted. by the same ..... the state legislature under entry 54 of list it.' 37. ashoka marketing v. state of bihar : [1970]3scr455 . in that case the constitutional validity of sub-sections 3, 4 and 5 of section 20 of bihar sales tax act, 1959, was in question. the purport of these sub-sections was to recover from the dealer the amounts collected by him as tax though in law .....

Smt. Gousia Begum Vs. Union of India (Uoi) and anr.

Court : Andhra Pradesh

Reported in : 1992(1)ALT616

..... is admitted that the representation was received as alleged, but the representation along with english translation was received in cofeposa section of the finance ministry on 27-7-89 and it was put up with relevant file to the under secretary on 31-7-89 ..... 23-6-89 to 27-7-89 is totally unexplained. the representation was sent only on 27-7-89 to cofeposa section. there is no explanation for the same. in these circumstances we are constrained to hold that this order of continued detention ..... iranigally, hyderabad. the detenu was detained as per the order of detention dated 30-1-89 passed by the government of india, finance ministry, and he was actually detained on 7-2-89.2. the order was passed by the joint secretary to the government ..... of india, with a view to preventing him from acting in any manner prejudicial to the augmentation of foreign exchange. the detenu himself was apprehended at begumpet railway station while boarding a .....

Remu Pipes Limited, Hyd. Vs. Industrial Finance Corporation of India, ...

Court : Andhra Pradesh

Reported in : 2001(6)ALD11; 2001(5)ALT265; [2002]108CompCas385(AP)

..... 1995. 6. the contention of the official liquidator was that the court ought not to have granted such permission having regard to the provisions of sub-section (3) of section 458 of the act. it was contended that the official liquidator had never been associated with the consultative process. 7. the learned judges agreed with the contention of the ..... of the creditors. 17. even in relation to sale of properties of the liquidated company the court has the power to modify the terms and conditions. 18. in industrial finance corporation v. official liquidator, high court, calcutta, : air1993sc1524 , it has held: 1. there is no standard or uniform pattern to be followed in such cases. the ..... not be set back and the deal should not be set at naught. it was directed: we are inclined to give liberty to the applicant-bank and other financing institutions - respondents 1, 3 to 6 to negotiate with the 7th respondent and to arrive at a final settlement and then appraise the official liquidator of the .....