Court : Karnataka
..... i) in the case of regional director, ministry of company affairs v. cavin plastics and chemicals pvt. ltd. (2007) scc online mad 945, the high court of madras held that not only is section 391 of the act, 1956, a complete code in itself, but it is also intended to be in the nature of a single ..... .19: mr. supratim sarkar (wp38292018) i) he is the executive vice president of sbi capital markets ltd., and group head of project advisory and structured finance, who approved the information memorandum which contained false projections of future profitability of the company. the information memorandum paved the way for getting additional bank borrowings and conversion ..... as kingfisher training and aviation services limited (accused no.1). this was done to portray the accused no.2 - company as a profitable venture to secure additional finance. h) after the merger, accused no.5 and his associates manipulated asset valuation and goodwill to control the allocation of shares. i) in the post-merger stage .....
Tag this Judgment!Court : Karnataka
..... i) in the case of regional director, ministry of company affairs v. cavin plastics and chemicals pvt. ltd. (2007) scc online mad 945, the high court of madras held that not only is section 391 of the act, 1956, a complete code in itself, but it is also intended to be in the nature of a single ..... .19: mr. supratim sarkar (wp38292018) i) he is the executive vice president of sbi capital markets ltd., and group head of project advisory and structured finance, who approved the information memorandum which contained false projections of future profitability of the company. the information memorandum paved the way for getting additional bank borrowings and conversion ..... as kingfisher training and aviation services limited (accused no.1). this was done to portray the accused no.2 - company as a profitable venture to secure additional finance. h) after the merger, accused no.5 and his associates manipulated asset valuation and goodwill to control the allocation of shares. i) in the post-merger stage .....
Tag this Judgment!Court : Karnataka
..... i) in the case of regional director, ministry of company affairs v. cavin plastics and chemicals pvt. ltd. (2007) scc online mad 945, the high court of madras held that not only is section 391 of the act, 1956, a complete code in itself, but it is also intended to be in the nature of a single ..... .19: mr. supratim sarkar (wp38292018) i) he is the executive vice president of sbi capital markets ltd., and group head of project advisory and structured finance, who approved the information memorandum which contained false projections of future profitability of the company. the information memorandum paved the way for getting additional bank borrowings and conversion ..... as kingfisher training and aviation services limited (accused no.1). this was done to portray the accused no.2 - company as a profitable venture to secure additional finance. h) after the merger, accused no.5 and his associates manipulated asset valuation and goodwill to control the allocation of shares. i) in the post-merger stage .....
Tag this Judgment!Court : Karnataka
..... i) in the case of regional director, ministry of company affairs v. cavin plastics and chemicals pvt. ltd. (2007) scc online mad 945, the high court of madras held that not only is section 391 of the act, 1956, a complete code in itself, but it is also intended to be in the nature of a single ..... .19: mr. supratim sarkar (wp38292018) i) he is the executive vice president of sbi capital markets ltd., and group head of project advisory and structured finance, who approved the information memorandum which contained false projections of future profitability of the company. the information memorandum paved the way for getting additional bank borrowings and conversion ..... as kingfisher training and aviation services limited (accused no.1). this was done to portray the accused no.2 - company as a profitable venture to secure additional finance. h) after the merger, accused no.5 and his associates manipulated asset valuation and goodwill to control the allocation of shares. i) in the post-merger stage .....
Tag this Judgment!Court : Karnataka
..... decline indulgence in the matter inasmuch as the construction project in question essentially relates to the domain of executive which will have the advantage of technology, feasibility and finance; courts by their very nature are ill-suited in deciding those factors, if called upon. the apex court in indira nehru gandhi vs. rajnarain, (1975) ..... only, unless the issue - 8 - nc:2024. khc:14873-db wp no.5201 of 2024 touches the wider areas of welfare and upliftment of the weaker sections, violation of fundamental rights, human rights, protection of democratic institutions, environmental aspects and such other categories of such larger public interest. where it is the function of ..... or voilative of the fundamental rights. 6.1 even otherwise, the subject matter cannot become the realm of public interest. laying down the road is itself an act in public interest. the petitioners cannot come before the court to plead that the alignment of road should be done in a particular way, or - 10 - .....
Tag this Judgment!Court : Karnataka
..... has no power to review the order of assessment except to reopen the order of assessment in case of escaped income under section 148 and for rectification under section 154 of the income tax act. either in the case of reopening or in the case of rectification the assessing authority cannot show any favour to the complainant ..... and reserved for order, this day, krishna s dixit.j., pronounced the following: order petitioner-cbdt along with secretary and under secretary of the ministry of finance are before the writ court for laying a challenge to the central administrative tribunal s order dated 17.04.2018, a copy whereof avails at annexure-a ..... central board of direct taxes north block, new delhi-110 001.2. revenue secretary, government of india ministry of finance, department of revenue, north block, new delhi-110 001.3. under secretary to the government of india ministry of finance, department of revenue, central board of direct taxes, new delhi-110 001. ...petitioners (by sri. arvind .....
Tag this Judgment!Court : Karnataka Dharwad
..... from the facts noted above that the order of provisional attachment was passed before the proceedings against the appellant were initiated under section 74 of the hpgst act. section 83 of the act requires that there must be pendency of proceedings under the relevant provisions mentioned above against the taxable person whose property is sought ..... appellant (by sri.v.raghuraman, senior counsel appointed as amicus curiae; sri.santosh pujari, advocate) and:1. the state of karnataka r/by the principal secretary, finance department, government of karnataka, bengaluru-560016.2. the assistant commissioner of commercial taxes, lgsto-395 belagavi and nodal officer dgsto, belagavi, club road, sumoulya soudha, ..... does entail civil consequences. at this juncture, it would be relevant to take note of the insertion of the proviso to section 142(2d) with effect from june 1, 2007. the proviso provides that the expenses of the auditor appointed in terms of the said provision shall, henceforth, be paid by .....
Tag this Judgment!Court : Karnataka Dharwad
..... from the facts noted above that the order of provisional attachment was passed before the proceedings against the appellant were initiated under section 74 of the hpgst act. section 83 of the act requires that there must be pendency of proceedings under the relevant provisions mentioned above against the taxable person whose property is sought ..... appellant (by sri.v.raghuraman, senior counsel appointed as amicus curiae; sri.santosh pujari, advocate) and:1. the state of karnataka r/by the principal secretary, finance department, government of karnataka, bengaluru-560016.2. the assistant commissioner of commercial taxes, lgsto-395 belagavi and nodal officer dgsto, belagavi, club road, sumoulya soudha, ..... does entail civil consequences. at this juncture, it would be relevant to take note of the insertion of the proviso to section 142(2d) with effect from june 1, 2007. the proviso provides that the expenses of the auditor appointed in terms of the said provision shall, henceforth, be paid by .....
Tag this Judgment!Court : Karnataka Dharwad
..... from the facts noted above that the order of provisional attachment was passed before the proceedings against the appellant were initiated under section 74 of the hpgst act. section 83 of the act requires that there must be pendency of proceedings under the relevant provisions mentioned above against the taxable person whose property is sought ..... appellant (by sri.v.raghuraman, senior counsel appointed as amicus curiae; sri.santosh pujari, advocate) and:1. the state of karnataka r/by the principal secretary, finance department, government of karnataka, bengaluru-560016.2. the assistant commissioner of commercial taxes, lgsto-395 belagavi and nodal officer dgsto, belagavi, club road, sumoulya soudha, ..... does entail civil consequences. at this juncture, it would be relevant to take note of the insertion of the proviso to section 142(2d) with effect from june 1, 2007. the proviso provides that the expenses of the auditor appointed in terms of the said provision shall, henceforth, be paid by .....
Tag this Judgment!Court : Karnataka Dharwad
..... :15. before proceeding to examine the rival contentions, it would be apposite to state that vide amendment act no.23 of 2007, section 72-a to 72-e were inserted into the said act of 1966 w.e.f 16.08.2007. section 72-a prohibited establishment of 3 categories of persons / entities unless they possessed a valid licence issued ..... it expanded the meaning of the word further in modern sense by extending it to even such facilities as are available to a consumer in connection with banking, financing etc. each of these are wide-ranging activities in day to day life. they are discharged both by statutory and private bodies. in absence of any indication ..... it as under: service means service of any description which is made available to potential users and includes the provision of facilities in connection with banking, financing, insurance, transport, processing, supply of electrical or other energy, board or lodging or both, housing construction, entertainment, amusement or the purveying of news or .....
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