Court : Punjab and Haryana
..... entity related to the borrower of the assignment of the loans the underlying security interests, pledges and/or guarantees and all its right, title and interest in the financing documents to the assignee. . the second limb of submission advanced by learned senior counsel for the petitioner is that the counter-claim of the petitioner would be left ..... there was no prospect of a profit, hobhouse lj observed, commercial entities would never purchase debts. . 20. similarly, the following proposition in chitty on contracts, 27th edn. (1994) at para 19.027 is relevant to be noted. it is also well established that a claim to a simple debt is assignable even if the debtor has refused to ..... assignment of the debt is to be fully governed by the provisions of section 5 of the said act. section 13 is only for enforcement of the security interest. in fact, it falls in chapter iii which deals with enforcement of security interest and section 13(4) envisages the action to be taken on failure of a borrower .....
Tag this Judgment!Court : Punjab and Haryana
..... evidence and reasoning in the previous judgment is not admissible in criminal trial. in the said case, the judgment of board for industrial & finance reconstruction under the sick industrial companies (special provisions) act, 1985 was found to be relevant, but not conclusive and binding on the criminal court.59. we shall now examine as to under which ..... to at least 24 hours for reflection, whereas the appellant abdul latif was given only 22 hours before his confession could be recorded.92. rule 5 of chapter 13 volume iii of the high court rules and orders are the instructions issued for guidance of the magistrates for recording of confessions and statements under section ..... , zerox copies of school leaving certificates, zerox copies of ration cards and six registers maintained by suresh bhatnate (pw74, owner of seven travels for the period from 1994- 1999. out of 51 passports particular forms, the forms of hijackers namely a-3 shahid akhtar sayeed; a-4 mistri zahur ibrahim and that of a-2 .....
Tag this Judgment!Court : Punjab and Haryana
..... parliament cannot override plenary legislation enacted by the state legislature and, therefore, also regulation 7.3.0 does not override section 12 of the maharashtra universities act, 1994. learned senior counsel has further placed reliance on the decision of this court in dr.rohtas kanwar yadav vs. union of india and others 2011 (2) ..... university. in respect of panjab university, there is a particular regulation which prescribes the age of superannuation of the teaching staff as 60 years. regulation 17.3 of chapter vi (a) of the conditions of service of university employees reads thus: "17.3. all whole-time members of the teaching staff, as defined in regulation 1 ..... and scientific institutions falling outside entry 64 of list i as it then read (that is to say, institutions for scientific or technical education other than those financed by the government of india wholly or in part and declared by parliament by law to be institutions of national importance) had to be judged having regard to .....
Tag this Judgment!Court : Punjab and Haryana
..... income. the dtaas stipulate that a resident of a contracting state will be entitled to the benefits of the dtaa. in the explanatory memorandum to the finance act, 2012, it was stated that the tax residency certificate containing prescribed particulars is a necessary but not sufficient condition for availing benefits of the dtaa. the ..... law or of fact specified in the application; ** ** ** 245-q. application for advance ruling.- (1) an applicant desirous of obtaining an advance ruling under this chapter may make an application in such form and in such manner as may be prescribed, stating the question on which the advance ruling is sought. ** ** ** 245-r ..... v. azadi bachao andolan, (2004) 10 scc 1. we will, therefore, refer to the circulars immediately. 15. (a) circular no.682 dated 30-3-1994, issued "clarification regarding agreement for avoidance of double taxation with mauritius". paragraph-3 of the circular reads as under: "1605b. clarification regarding agreement for avoidance of double .....
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