Court : Andhra Pradesh
Reported in : 2001(2)ALT607
..... and as such, they are not being referred in this order. while the arguments are going on in the above writ petition the government thought it fit to amend act 2 of 1994 for giving effect to g.o.ms. no. 212, finance and planning (fw.pc.iii) department, dated 22-04-1994 and the present g.o.(p) 112 ..... by resorting to its legislative power.74. after this judgment, act 2 of 1994 was subjected to further amendment by act 27 of 1998 in august, 1998. subsequently, their lordships of the supreme court disposed of civil appeal nos. 82 and 83 of 1999 in rambabu and ors. v. secretary to government, finance and planning departments and ors. even at this belated stage, ..... the respondents did not bring to the notice of the supreme court the legislative changes that were brought in to act 2 of 1994 way back on 3-2-1998.75. government of .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : [1982]134ITR158(AP)
..... company and for the four assessment years immediately succeeding.' 17. the present s. 80j was inserted by the finance (no. 2) act of 1967, with effect from april 1, 1968. the object of s. d 15c of the indian i.t. act, 1922, which is similar to the present s. 80j, is elucidated by the supreme court in textile machinery ..... term 'capital employed' includes within that definition 'long-term borrowings'. in birmingham small arms co. ltd. v. irc [1951] 2 all er 296 construing the expression 'capital employed' in relation to the excess profits tax imposed by the finance act, 1939, lord simonds, speaking for the house of lords, held that the expression (p. 299): ''capital employed' means assets ..... the previous year is in excess of the rule-making authority and does not fulfill the purpose of the act, but defeats its intendment. even if any other view were possible as laid down in mohan meakin breweries ltd. v. cit (no. 2) and cit v. alcock ashdown & co. ltd. : [1979]119itr164(bom) we do not find .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : [2004]121CompCas275(AP); (2004)4CompLJ201(AP); [2004]49SCL43(AP)
..... .the total open position of the client was to the extent of rs. 42.70 lakhs as on july 9, 1996.with regard to another trading member 'param finance & securities ltd.,' it is stated:'the member had stated that the missing client informed that he would be doing only square off transactions with the member. hence the ..... share and stock broking services were m.k. securities and pennar patterson securities (wdm trading member).iv. in respect of two trading members with net buy position, namely param finance and arcadia share and stock brokers, the client was one and the same, namely v. prabhakar (net buy position of 1,90,000 shares). mr. v. prabhakar ..... of deposits.' (p. 655)15. in the light of these judgments, it is contended that respondent no. 1 being a recognized stock exchange is entitled to frame bye-laws under section 9 of securities contracts (regulation) act, 1956 and section 9(2)(k) empowers making of bye-laws as to the regulation of the entering into, making, performance, recession .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : [1998]231ITR472(AP); [1998]100TAXMAN492(AP)
..... hearing the impugned order stating that :'under the provisions of section 269ue(1) of the income-tax act, 1961, and as per the decision of the supreme court in c. b. gautams case, the property situated at no. 8-2-293/82/a/1143, plot no. 1143, road no. 58, jubilee hills, hyderabad, shall vest in the central government free from all encumbrances, attachments, liens ..... court having realised that section 269ud of the act has not laid down any guidelines for pre-emptive purchase of the property relying on the historic legislative background for enacting chapter xx-c, and the instruction no. ia 88 issued by the central board of direct taxes of the government of india, ministry of finance, department of revenue and the counter-affidavit filed .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2001(3)ALD428; 2001(3)ALT468
..... section 7 as it was incorporated by the andhra pradesh (regulation of appointments to public services and rationalisation of staff pattern and pay structure) (amendment act), 1998. (2) no suit or other proceedings shall be maintained or continued in any court, tribunal or other authority against the government or any person or other authority ..... basis, shall be regularised in substantive vacancies, if they were otherwise qualified fulfilling the other conditions stipulated in the scheme formulated in g.o. ms. no.212, finance and planning (fw.pc.iii) department, dated the 22nd april, 1994; provided further that the services of a person who worked on part-time basis ..... 6. according to the above orders the individual will have to represent for considering their cases in the lower category in terms of g.o. ms. no.330, finance, dated 24-9-1994. however, the petitioners representation in the reference 6th read above and requested the government for their regularisation in the present posts .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 1999(6)ALD832; 1999(6)ALT341; (2000)ILLJ757AP
..... losses. it became sick company as contemplated under section 3(o) of the sick industrial companies (special provisions) act, 1985 (hereinafter referred to as sica). a reference was made to the board for industrial and finance reconstruction (bifr) and the said reference was registered with bifr and the bifr declared the respondent-corporation as a ..... provisions of section 25ff of the id act are not attracted to non-workman category employees of the corporation. the impugned notice is issued to all employees and says that the employment and service with cci stands transferred and taken over by icl, chennai. while considering point no.2 with reference to the effect of provisions ..... to the bifr (constituted under section 4 of this act) for determination of the measures which shall be adopted with respect to the sick company. such a reference also be made by the central government, reserve bank of india, state government or public finance institution or a bank if there are several reasons to .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 1998(3)ALD133
..... order stating that:'under the provisions of section 269-ue(1) of the income tax act, 1961, and as per the decision of the hon'ble supreme court in c/j. gautam's case, the property situated at no.8-2-293/82/a.1143, plot no.1143, road no.58 jubilee hills, hyderabad, shall vest in the central government free from all encumbrances, attachments ..... court having realised that section 269ud(1) of this act has not laid down any guidelines for preemptive purchase of the property relying on the historic legislative background for enacting chapter xx-c, and the instruction no.iass issued by the central board of direct taxes of the government of india, ministry of finance, department of revenue and the counter-affidavit filed by .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 1997(3)ALT783
..... has framed the life insurance corporation of india (agents) regulations, 1972. the central government in exercise of its power under section 48 (1) and (2-a) of the act issued notification on 10-5-1982 making the said regulations as the statutory rules called as 'the life insurance corporation of india (agents) amendment rules, 1982 ..... to secure effective control over the staff employed in the corporation.18. regulation 29 (2) proviso provides that no employee of the corporation shall be permitted to act as an insurance agent and no employee shall allow any member of his family to act as an insurance agent.19. section 29 of the (staff) regulations, 1960 of ..... 'spouse' for the sake of convenience). thereby, the applications filed by the spouses were rejected. writ petition no. 6925 of 1994 is filed questioning the termination of the agency. the government of india, ministry of finance wrote a letter dated 06-07-1981 to the chairman, life insurance corporation of india requesting him to issue .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2004(2)ALD191
..... while giving the consent. it incorporated conditions in schedule-a and schedule-b. schedule-a is totally silent about the distance from the residential localities. condition no. 2 in schedule-b reads as under:'the location of bullets shall be installed such that a distance of 500 mts from centre of nh and centre of bullets ..... 2nd respondent as well as the manager of the lpg plant. the plant manager appears to have replied through its letter dated 2-8-2003 stating that it is desirable to obtain no objection certificates for development of the neighbouring land into residential land from the chief controller of explosives, pollution control board and director of ..... under any pollution related enactments, there did not emerge any positive reply. even under the act, there is no reference to ' no development zone'.12. the 2nd respondent accorded its consent for establishment of the lpg plant through its proceedings dated 2-12-1997. it needs to be seen as to what amount of sanctity it has attached .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : AIR1997AP304
..... be a policy decision since the qualification and disqualification of an agent arc purely conditions for the appointment of an agent.31. section 21 of the act says that the direction given by the central government is binding on the corporation. the policy decisions are those which govern the policies of the corporation ..... has framed the life insurance corporation of india (agents) regulations. 1972. the central government in exercise of its power under section 48(1) and (2-a) of the act issued notification on 10-5-1982 making the said regulation has the statutory rules called as 'the life insurance corporation of india (agents) amendment rules. ..... undertakings (hereinafter called as 'spouse' for the sake of convenience). thereby, the applications ii led by the spouses were rejected writ petition no. 6925 of 1994 is filed questioning the termination of the agency. the government of india, ministry of finance wrote a letter dated 6-7-1981 to the chairman. life insurance corporation of .....
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