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Judgment Search Results Home > Cases Phrase: financial obligations Court: rajasthan Page 1 of about 685 results (0.015 seconds)

Jan 08 1999 (HC)

Prithvi Raj Singh Vs. Dalip Kulkarni and ors.

Court : Rajasthan

Reported in : AIR1999Raj201; 1999(2)WLC667

..... 1) imposes corresponding obligations with regard to the discharge of liability to the financial obligations, as aforesaid, upon respondent no. ..... as regards discharge of the corresponding financial obligations imposed upon respondent no. ..... 1 become sole and exclusive responsible for the financial obligations to be performed by respondent no ..... 1), i am of the view that notwithstanding the fact highlightened by the trial court in para 9 of its judgment that as per clause 6, the defendant also had certain corresponding obligations to fulfil and it was sole responsibility of defendant towards financial institutions by executing documents and also by substituting personal guarantees given by the appellant to those financial institutions, a reference may be made to the evidence of plaintiff prithviraj singh wherein he has stated that he was not required to get permission from the ..... 1, hence it is not open to the said respondent or his associates to wriggle out of their obligations incurred towards financial institutions referred to above for which the appellant is entitled to seek specific performance. ..... . 5 to 9) are wholly responsible to perform their corresponding obligations to make the payment of the amount due to the financial institutions namely riico, because it cannot be expected of the financial institutions to run on bank guarantees alone which were earlier executed by the appellant and upon complete take over of management of kopyrite company as on the date of execution of m.o.u. .....

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Feb 01 2007 (HC)

Suo Moto Vs. Rajasthan University and ors.

Court : Rajasthan

Reported in : 2007(2)WLN501

..... no mention was made in this order that the financial obligation of the scheme or any part thereof will be that of the university concerned ..... it is clear from the above that the government admits that financial obligation related to the pension is wholly of the government.8. ..... if it was the university which was required to meet the financial obligations of the pension scheme, the govt. ..... (f) the only alternative now left for the government is to own its obligation to meet the pensionary needs of the university by contributing directly to the pension fund or by taking over the responsibility of payment of ..... that the matter was of principle and if it was desired to meet the pensionary obligations, it would be necessary to amend the pf statute to provide for adequate pension fund ..... : (2001)illj710sc , though the question of regularization of the employees was involved, the hon'ble supreme court held that it was obligatory duty of the state to make available adequate funds to the university to fulfill its obligation enshrined by part-iii and part-iv of the constitution of india. ..... on this basis alone it should be the government's obligation to meet the requirements of pension introduced in lieu of contributory provident fund ..... the funds are not sufficient with the universities, the state of rajasthan owe obligation to pay the pension to the university's teachers.4. ..... this scheme clearly points to the obligation of the government to meet the expenditures related to matters which are approved by the .....

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Feb 26 2002 (HC)

R.T. Udyog Pvt. Ltd. Vs. State of Rajasthan and ors.

Court : Rajasthan

Reported in : AIR2002Raj252; 2002(2)WLC783

..... its power to call for repayment of term loan before agreed period as it had a reasonable apprehension that rt udyog was unable to pay its debts or successfully discharge of its financial obligation inasmuch as proceedings for liquidation may commence in respect thereof as a result of differences among the promoters of the company and mismanagement having crept in out of change in shareholding pattern, for ..... any material particular was given by the industrial concern in its application for the loan or advance; or (b) if the industrial concern has failed to comply with the terms of its contract with the financial corporation in the matter of the loan or advance;or (c) if there is a reasonable apprehension that the industrial concern is unable to pay its debts or that proceedings for liquidation may be commenced ..... under an agreement, makes any default in repayment of any loan or advance or any instalment thereof or in meeting its obligations in relation to any guarantee given by the corporation or otherwise fails to comply with the terms of its agreement with the financial corporation, the financial corporation shall have the right to take over the management or possession or both of the industrial concern, as well as ..... or two rival groups of the directors of the borrower industrial concern (rt udyog) for one pretext or the other either on a failure of duties or obligations on their parts to provide financial aid as co-promoters to the petitioner company or for any other reason.31. .....

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Sep 19 2006 (HC)

Surendra Kumar JaIn Vs. Rajasthan Co-operative Diary Federation Ltd.

Court : Rajasthan

Reported in : RLW2006(4)Raj3219

..... it rcdf has already discharged any such financial obligation, it should certainly be considered as to have been made against maximum number of 300 p.l. ..... jain in rcdf during the period 1981 to 1985 are concerned, they also nowhere justify that rcdf was under a financial obligation to grant/pay encashment of unutilised p.l. ..... as per regulation 10(x) of the regulations of 1980, the respondents were obliged to grant the petitioner all leave benefits which were admissible to him in the state government rules since he was working there on deputation.7. ..... justice does not allow any employee from being signaled out for being given discriminatory treatment so as to allow more or higher or additional financial benefit; say allowing higher number of p.l. ..... rules protect an employee from being put to any financial loss or hardship. .....

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Dec 14 2000 (HC)

Sand Plast (India) Ltd. Vs. I.T.C. Bhadrachalam Finance and Investment ...

Court : Rajasthan

Reported in : [2002]111CompCas471(Raj); 2001(1)WLC469; 2003(1)WLN594

..... since the appellant company was unable to meet its financial obligations, the above company petition was filed for winding up of the appellant company, as according to the respondent herein that the appellant company appears to be in a commercially insolvent condition.(2). ..... whatever in the administration of any oath or affirmation or in the form in which it is administered, shall invalidate any proceeding or tender inadmissble any evidence whatever, in or in respect of which such omission, substitution or irregularity took place, or shall affect the obligation of a witness to state the truth.'(27). ..... new suraj financiers and chit fund co. ..... new suraj financiers and chit fund co. .....

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Feb 08 1970 (HC)

Ramdeo and ors. Vs. Firm Birdhichand Sumermal and ors.

Court : Rajasthan

Reported in : 1970WLN133

..... h chinoy air 1950 pc 90, their lordships of the privy council held--the appellate court found on the evidence that jamsetji was ready and willing to fulfill his financial obligation under the sale. ..... 490--it is suggested that such evidence cannot be accepted here because in a for contract the seller's obligation is only to bring the goods to the railway premises, and the usage alleged is repugnant to or inconsistent with the express terms of the contract in that it casts on the mills the additional obligation of finding wagons.to this argument the words of lord campbell c. j. ..... it makes it different from what it appeared to be and so far is inconsistent with it if by the side of the written contract without, you write the same contract with the added incident the two would seem to import different obligations, and be different contracts. .....

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Dec 13 2010 (HC)

M/S Genus Power Infr. Ltd and anr. Vs. ----------------.

Court : Rajasthan Jaipur

..... 26/09/2002 in case no.3/1999 that m/s jaipur metal & electrical ltd ("jmel") is not likely to make its net worth exceed the accumulated losses within a reasonable time while meeting all its financial obligations - as a result therefore, is not likely to become viable in future, has forwarded its opinion to the company court vide its letter dt.03/10/2002 and recommended that company-jmel be wound up.2. ..... board for industrial & financial reconstruction ("bifr") in exercise of its powers u/s 20(1) of sick industrial companies (special provisions) act, 1985 ("act, 1985") after holding inquiry u/s 16, and taking note of all relevant facts & circumstances on record, and after opportunity of hearing being .....

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Nov 04 1957 (HC)

Mahaveerchand and anr. Vs. Shri Bhanwarlal

Court : Rajasthan

Reported in : AIR1958Raj77

..... in jeopardy.we are fully conscious that it is the duty: of counsel to safeguard the interests of his' clients; but this duty does not and cannot enure in the sense that he should identify himself with his clients' financial obligations and make payments on their behalf out of his own pocket so that he is later reduced to the necessity of reimbursing himself for such expenditure out of the monies of his clients coming into his hands and place .....

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Aug 04 2011 (HC)

Mr Raj Deep JaIn Vs.

Court : Rajasthan

..... confirmed its prima facie opinion that the company was not likely to come out with its net-worth which exceeds its accumulated losses within reasonable time while meeting out all its financial obligation and the company was not likely to be viable in future and recommended for winding up of the company vide order (bifr) dt.02.06.2000 and matter was sent to this court u/s.20(1) of the act and .....

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Mar 30 1964 (HC)

Mahboob Khan and ors. Vs. Hakim Abdul Rahim

Court : Rajasthan

Reported in : AIR1964Raj250

..... thus the age and ignorance of kalu khan, his acute financial problems, his separation from his son after some strained relations with him, close relationship with the defendant and his obligations all continued created some special fiduciary relationship between the donor and the donee, which may to some extent shift the burden on the defendant. ..... due to kalu khan's old age, illiteracy,his financial stringency and his strained relationd with his son, the respondent on account of closer relationship was surely in a position to dominate the will of kalu khan. ..... he relied on help of the defendant, and the latter had to some extent obliged him. .....

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