Judgment Search Results Home > Cases Phrase: finance no 2 act 2004 Court: andhra pradesh Page 59 of about 644 results (0.074 seconds)

State of A.P. and anr. Vs. K. Sambasiva Raju

Court : Andhra Pradesh

Reported in : 2002(2)ALD563; 2002(2)ALT221

..... mastan rao (supra) cases it is clear that when an agreement contemplates j appointment of a panel of arbitrators, and if the party who has to nominate the panel refuses to act as such and when the jurisdiction of the court is invoked to enforce the arbitration clause in the agreement, the court has to appoint a panel of arbitrators but not a sole ..... that the order appointing a sole arbitrator when the agreement contemplates appointment of a panel of arbitrators is not sustainable and since the plaintiff, after making a claim and filing a suit under section 20 of the act to refer the dispute to arbitrator cannot make further claim the order of refusing to refer further claim to the arbitrator cannot be found fault with.9. ..... one lakh and above, a panel of three arbitrators consisting of (i) a chief engineer, (ii) a representative of the finance and planning department to benominated and (iii) director of accounts or deputy chief accounts officer, have to arbitrate the dispute and where a panel of arbitrators is appointed, majority ..... ratio in venkata reddy case (supra) is that if the arbitrator or umpire refuse or neglect to act, or are removed applying clause (b) of sub-section (1) of section 8 of the act, it is open to the court to proceed under sub-section (2) of section 8 to appoint ..... on the file of the same court dismissing the suit filed under section 20 of the arbitration act to make a reference of the further claims made by the plaintiff to the arbitrator appointed in .....

Andhra Pradesh State Road Transport Corporation Vs. Commissioner of In ...

Court : Andhra Pradesh

Reported in : [1975]100ITR392(AP)

..... out of the balance, such amount as may be approved of by the state or central government, may be utilised for financing the expansion programmes of the corporation and the remainder, if any, shall be made over to the state government for the purpose of road development.10. ..... the object of the statute is obviously not to completely eschew or bar any business activity from a public utility concern in order to qualify it for the benefit under section 2(15) of the income-tax act, 1961, but only to restrict the benefit-to those concerns whose object is not to make a profit but to be of utility to the public. ..... the andhra pradesh road transport corporation established by a notification under the road transport corporationsact, 1950 (central act lxiv of 1950), has been functioning with effect from january 11, 1958, providing road transport facilities to the general public in the state with a net work of bus routes and a fleet of buses plying thereon, with ..... examining the provisions of section 2(15) as well as sections 11 and 28 of the income-tax act of 1961, we are inclined to take a different view from the one taken by the calcutta and mysore high courts. ..... , held that an appropriate interpretation of section 2(15) of the income-tax act, 1961, is to consider the expression ' not involving the carrying on of any activity for profit ' as qualifying the expression 'the advancement of any other object of general public utility' and not the other classes of charitable purpose .....

Polisetty Satyanarayana and ors. Vs. District Collector and ors.

Court : Andhra Pradesh

Reported in : 2009(6)ALT771

..... - the copy of details of works and funds sanctioned from rrm, filed along with the writ petition and would maintain that in the light of the clear language of section 187(6) of the act unless the decisions of the standing committees shall be subject to ratification by the general body of the zilla parishad which shall have the power to approve, modify, rescind or reverse them, the ..... further it is averred that as per section 187(1) of the act, for every zilla parishad there shall be constituted standing committees, namely (i) standing committee for planning and finance, (ii) standing committee for rural development, (iii) standing committee for agricultural, (iv) standing committee for education and medical services, (v) standing committee for women welfare, ..... and it is also stated that the district collector - 1st respondent is only having right to participate in the meeting without voting powers under section 187(5) of the act and there is no role of district collector in implementing the decision of the standing committee.20. ..... there cannot be any doubt, whatsoever, that as contemplated by section 187(6) of the act, the decisions of the standing committees shall be subject to ratification by the general body of the zilla parishad which shall have ..... prabhakar rao would submit that under section 187(6) of the act, the decisions of the standing committees shall be subject to ratification by the general body of the zilla parishad which shall have the power to approve, modify, rescind .....

MedwIn Hospital Vs. State of A.P.

Court : Andhra Pradesh

Reported in : 1998(4)ALD670; 1998(2)ALD(Cri)257; 1999(2)ALT471; 1998(2)ALT(Cri)250

..... after all the hospital itself in the event of the prosecution establishing the case, could not be punished under the provisions of the act and in that context the expression in the board's resolution to prosecute the persons in charge of m/s medwin hospital is required to be ..... under those circumstances, medwin hospital itself could be prosecuted under the provisions of the act without having any regard as to whether it is a company or a firm as the case may ..... no.2 is the managing director (finance) of the said research centre. ..... is also alleged that the petitioner-accused hospital failed to comply with the statutory requirement and failed to obtain consent as required under the act and also failed to implement regulatory and promotional guide-lines. ..... it is also submitted that section 49 of the act contemplates that no court shall take cognizance of any offence under the act except on a complaint made by the board or its authorised ..... section 26 of the act mandates that any person discharging in sewage or trade effluent before the commencement of the act shall apply for consent to be made in subsection (2) of section 25 of the act and the same shall be made on or before such date as may be specified by the state government by ..... it envisages that'where an offence under this act has been committed by a company, every person who at the time the offence was committed was in charge of, and was responsible to the company for the conduct of, the business of the company, as well as the .....

B. Subba Reddy Vs. Appellate Authority for Industrial and Financial Re ...

Court : Andhra Pradesh

Reported in : 2008(1)ALT113

..... and also reply had been given even on merits a specific stand has been taken as present writ petition is misconceived one and not maintainable in law in view of the express provisions of section 32 of the act, which stipulates that provisions of sica and the schemes made thereunder shall have effect notwithstanding anything inconsistent therewith contained in any other law, except the provisions of the foreign exchange ..... as regards the averments made by the petitioner regarding the loan from wipro finance limited is concerned, it is submitted that the petitioner along with other promoter directors then on board had arranged an unsecured loan from wipro finance limited at the relevant time when the petitioner and other promoters were in charge of the affairs of the company and before the company ..... after the company became sick and until the modified rehabilitation scheme was sanctioned during october, 2004, the petitioner has attended only meeting out of the 35 board meetings held during the 8 years when the revival process was going on before ..... proposal this answering respondent (idbi) had submitted a draft modified scheme on december, 30, 2004 and bifr had sanctioned the modified rehabilitation scheme vide its order dated january, 27,2005 ..... allowed further time to lapse and indirectly challenged the order of honourable bifr dated 12-2-2002 in march, 2005 before aaifr after lapse of 7 months from july 2004, the period by which the petitioner had initiated the civil suit.44 .....

J.D. Electronics Vs. E.S.i. Corporation and ors.

Court : Andhra Pradesh

Reported in : 2004(1)ALD652; (2004)IILLJ653AP

..... the question whether the limestone quarry formed part of the establishment known as chaibasa cement works within the meaning of section 25-e(iii) of the industrial disputes act, 1947, the supreme court held that unity of ownership, unity of management, supervision and control, unity of finance and employment, unity of labour and conditions of service of workmen, functional integrality, general unity of purpose and geographical proximity were the tests which the court ..... to test whether the three establishments can be treated as one unit to bring them within the purview of the act for the purpose of collecting contribution towards employees insurance, the following have to be considered:(1) ownership of the establishments,(2) control and supervision, (3) finances,(4) management and employment,(5) geographical proximity, (6) general unit of purpose and functional integrality5. ..... corporation, : (1978)iillj390sc , the supreme court while considering the scope of sections 2(9), 2(17) and 40 of the employees' state insurance act, 1948, held that the reach and range of the definition of 'employee' in section 2(9) is apparently wide and deliberately transcends pure ..... ), the bombay high court while dealing with section 2a of the employees provident fund and miscellaneous provisions act, 1952 in order to test the question whether there is functional integrality between two units held that no single test is conclusive to decide this question and the court has to consider with great care .....

Andhra Pradesh State Road Transport Corporation Vs. Chatharajupalli Na ...

Court : Andhra Pradesh

Reported in : II(2007)ACC65

..... is that the tribunal was in error in not believing the documentary evidence adduced by the claimants to show that the deceased was having a binding work shop and had taken loan from andhra pradesh state finance corporation and so it has to be taken that the deceased was earning rs. ..... in the former case an admission by a party is substantive evidence if it fulfills the requirements of section 21 of evidence act, in the latter case a prior statement can be used to discredit the credibility of the witness, and does not become substantive evidence. ..... the contention of the learned counsel for the claimants is that since the tribunal took into consideration the multiplier as in schedule ii of the act, it cannot be said that the multiplier fixed by the tribunal at '16' is erroneous.12. .....

Ashish Developers and Builders (P) Ltd. Vs. Appropriate Authority

Court : Andhra Pradesh

Reported in : [2001]116TAXMAN749(AP)

..... chapter-xx-c containing sections 269u to 269uo was inserted by the finance act, 1986 providing for purchase by the central government of immovable properties in certain cases of transfer in replacement of the provisions of chapter xx-a containing sections 269a to 269s of the act, relating to acquisition of immovable properties in certain cases of ..... the objects and reasons of the bill which was enacted as finance act, 1995, also do not give an indication that by inserting sub-section (4) in section 269uc parliament intended to confer a power on the appropriate authority to go into the legality or validity ..... case (supra) observed :'we need not go into the presidential value of the above decision, as we are bound by the decisions of this court, which clearly lay down that the appropriate authority acting under section 269ud cannot go into the legality of the agreement before him and his only power is to make an order of purchase for the central government or grant a no-objection certificate.' (p. 19)11. ..... (delhi) ), as follows (page 446 of 230 itr) :sub-section (4) was inserted in section 269uc by the finance act, 1995, with effect from 17-1995. ..... after reply was received, the appropriate authority by order dated 11-12-1995, held that in view of the prohibition of section 6 of the tamil nadu urban land ceiling act the agreement dated 79-1995, to transfer the entire land including the excess vacant land, shall be deemed to be null and void and in that view of the matter, the appropriate .....

Bajaj Auto Finance Ltd. Vs. Dr. Vijaya Kumar Advant

Court : Andhra Pradesh State Consumer Disputes Redressal Commission SCDRC Hyderabad

..... the first opposite party filed his written version stating that it has only furnished the details of the finance schemes of various vehicle financiers with whom it has an understanding, and it is not responsible for mis-statement etc. 6 ..... 500/- to the complainant for the purchase of the said vehicle in consideration for repayment of the said amount in instalments together with finance charges, so that, the complainant who availed the said service of the opposite party no. ..... so to say charged interest not only on the amount which it had actually financed but also on the amount which it did not finance, and instead, the complainant paid in cash at the outset. 17. ..... 2 that the said collection was in the nature of margin money and that levy of interest on margin money does not incur the wrath of the consumer protection act has no legs to stand upon, because the opposite party no. ..... section 2(1)(r) of the said act defines unfair trade practice to mean a trade practice which, for the purpose of promoting the sale use or supply of any goods or for the provision of any service adopts any unfair method or deceptive practice, including ..... act ..... act and the complaint is, therefore, not maintainable. ..... sanctioning of a loan cannot be termed as `service and the complainant consumer under the act. ..... the sale could be concluded only on the payment of the last instalment, and till then, the respective instalments were no more than hire charges which cannot be interfered with under the consumer protection act. .....

G. Venkata Reddy and Co. Engineers and Contractors Rep. by Its Managin ...

Court : Andhra Pradesh

Reported in : 2008(2)ALT720; 2008(2)ARBLR301(AP)

..... would justify appointment of an arbitrator other than in accordance with the arbitration clause of the agreement.respondents shall, within thirty days from the date of receipt of a copy of this order, act in accordance with clause 31.2 of the general conditions of contract and forward a panel of three persons, not directly connected with the work, to the applicant-contractor who will select, any ..... the arbitration agreement choosing a person, in whom both of them repose faith and trust, to amicably settle/resolve the disputes between them and it is only when they are not ad idem does the act provide another mechanism for appointment of an arbitrator.while sub-section (5) of section 11 enables a party to the arbitration agreement to request the chief justice, or his designate, to appoint an arbitrator, sub ..... scc 610.on the other hand, sri n.subba reddy, learned counsel appearing on behalf of the applicant-contractor, would contend that the 'no-escalation clause' contemplated escalation by an act of parties and not by law, that the un-precedented hike in the price of diesel by legislative mandate would justify the applicant's claim for compensation, that the law could ..... 1994 supplement (3) scc 126 was considered in reshmi constructions, builders & contractors (2004) 2 scc 663 and the supreme court observed:.the jurisdiction of the arbitrator under the 1940 act although emanates from the reference, it is trite, that in a given situation the arbitrator can determine all ..... finance ..... finance .....