Judgment Search Results Home > Cases Phrase: government savings banks act 1873 preamble 1 government savings banks act 1873 Page 6 of about 3,157 results (0.142 seconds)

itty Kurian and anr. Vs. Union of India (Uoi) and ors.

Court : Kerala

Reported in : AIR1962Ker267

..... shall accept from the public deposits of money withdrawable by cheque;provided that nothing contained in the section shall apply to any savings bank scheme run by the government.'2. ..... he also pointed out the relevant statute under which such banking institutions were subsequently set up under central government act xxxviii/1959 -- the state bank of india subsidiary banks' act.135. ..... in paragraph 673, the report states that in the opinion of the committee, the promulgation of a special bank act comprising necessary provisions governing all banking institutions, will be more convenient to the public as well as to the banks.52. ..... no doubt, in the preamble to the banking companies act it is only stated:'it is expedient to consolidate and amend the law relating to banking companies. ..... show that in considering the validity of the impugned statute on the ground that it violates article 14, it would be necessary to ascertain the policy underlying the statute and the object intended to be achieved by it and in this process, the preamble to the act and its material provisions can and must be considered. ..... no doubt, the preamble to the income-tax apt did not give much of an assistance, but their lordships gathered the object and purpose of the act from the various provisions contained in the act,127. ..... in this process the preamble td the act and its material provisions can and must be considered. .....

Rustom Cavasjee Cooper Vs. Union of India (Uoi)

Court : Supreme Court of India

Reported in : AIR1970SC564; [1970]40CompCas325(SC); (1970)1SCC248; [1970]3SCR530

..... act. sections 7, 17(15a) of the reserve bank act of 1934 contain similar powers on the part of the central government to give directions to the reserve bank in regard to management and exercise of powers and functions in performance of duties entrusted to the bank under the reserve bank ..... purpose. upon the exercise of the power to acquire or requisition property, by clause (2) two restrictions are placed: (a) power to acquire shall not be exercised save for a public purpose; and (b) that it shall not be exercised save by authority of a law which provides for compensation for the property acquired or requisitioned, and fixes the amount of compensation or specifies the principles on which and the manner in which the compensation is to be determined and ..... 190. counsel for the petitioner contended that section 11 of the 1969 act suffered from the vice of excessive delegation and there were no guidelines for reaching the objectives set out in the preamble of the act and the decision of government regarding policy involving public interest was made final and therefore it was ..... c.j. at pages 388-89 of the report said 'the preamble and the body of the sections sufficiently formulate the legislative policy and the ambit and character of the act is such that the details of that policy can only be worked out by delegating them to a subordinate authority within the framework of that policy .....

C.V. Raman and ors. Vs. Bank of India and ors.

Court : Chennai

Reported in : [1985]57CompCas126(Mad); (1984)IILLJ34Mad

..... again under section 37 of the subsidiary banks act, the central government has power, after consultation with the reserve bank, to direct the subsidiary bank to carry on any business or to prohibit such banks from carrying on any business. ..... so calculated is not an exact multiple of one hundred rupees, the amount in excess of the nearest lower multiple of one hundred rupees shall be paid by cheque drawn on the bank : provided further that in respect of any share obtained at par from the central government by any director of the bank in pursuance of sub-section (8) of section 4 of the principal act as in force immediately before the appointed day, the said amount shall be calculated at the rate of one hundred rupees per share. ..... bar to the liquidationof the state bank, save by orderof the central government.49. ..... at that time there was disorganisation of the monetary systems of the world, and, therefore, in the preamble of the act, it was observed that in the present disorganisation of the monetary systems of the world, it is not possible to determine what will be suitable as a permanent basis for the indian monetary system. ..... - no provision of law relating to winding up of corporation shall apply to a new bank and no corresponding new bank shall be placed in liquidation save by order of the central government. .....

Sanghvi Jeevraj Ghewar Chand and ors. Vs. Secretary, Madras Chillies, ...

Court : Supreme Court of India

Reported in : AIR1969SC530; (1969)ILLJ719SC; [1969]1SCR366

..... surplus should be distributed as bonus and excess should be carried forward and taken into account in the next year; the balance of 40 per cent should remain with the establishment into which should merge the saving in tax on bonus and the aggregate balance thus left to the establishment should be used for payment of gratuity, other necessary reserves, rehabilitation in addition to the provision made by way of depreciation in the ..... 'establishment in public sector' as meaning (a) a government company as denned in section 617 of the companies act, 1956, and (b) a corporation in which not less than 40 per cent of its capital is held by government or the reserve bank of india or a corporation owned by government or the reserve bank of india. ..... , relationship between employees and employers, the long title and the preamble of the act showing the object of passing the act, the historical background for passing it and held that 'it is manifest that the act was introduced as an important step in achieving social justice, to ameliorate the conditions of service of the labour in organised activities than to anything else and therefore the act was not intended to reach the personal services which do not depend on ..... it is true that the preamble states that the act is to provide for payment of bonus to persons employed in certain establishments and section 1(3) provides that the act is to apply, save as otherwise provided therein, to factories and every other establishment in which 20 or more .....

Pirji Safdar Ali Vs. the Ideal Bank Ltd. and ors.

Court : Punjab and Haryana

Reported in : AIR1949P& H94

..... : (i) a deposit of money or other property in a post-office savings bank or any other bank, or in a company or with a co-operative society; (ii) a loan to or by, or a deposit with any society or association-registered under the societies registration act, 1860, or under any other enactment for the time being in force;, (iii) a loan advanced by the provincial government or by any local body authorized by the provincial government; (iv) a loan advanced by a bank, a co-operative-society or a company whose accounts are subject to audit ..... order to determine the scope of the punjab debtors' protection act and to find whether the indian companies or co operative societies or mortgages and sales are affected by the various provisions of this act, reference has to be made to the preamble of the act as without this reference it is not possible to determine the precise scope of the various sections contained in this act.19. ..... 302 observed as follows:the preamble of an act which is a good means of finding out its meaning and is a key to the understanding of it may be consulted to keep the effect of the act within its real scope with the object of explaining or elucidating its provisions or for the purpose of keeping it within its proper limits to which its general language may ..... are quite clear, one that a preamble may afford useful light as to what a statute intends to reach, and the other that if an enactment is itself clear and unambiguous, no preamble can qualify or cut down the enactment .....

Peerless General Finance and Investment Co. Limited and anr. Vs. Reser ...

Court : Supreme Court of India

Reported in : AIR1992SC1033; [1992]75CompCas12(SC); 1991CriLJ1391; JT1992(1)SC405; 1992(1)SCALE216; (1992)2SCC343; [1992]1SCR406

..... case (supra) this court though came to the conclusion that the endowment certificate scheme of the peerless company was outside the prize chit and money circulation schemes (banning ) act, still it was observed that it would be open to the reserve bank to take such steps as are open to them in law to regulate schemes such as those run by the peerless company to prevent exploitation of ignorant subscribers though care must also be taken to ..... generally or to any such institution, in particular, 'directions relating to the conduct of business' by them or by it as financial institution or institutions including furnishing of information of particulars 'relating to paid up capital, reserves or other liabilities', the 'investments' whether 'in the government securities' or 'otherwise', the persons to whom, and the purposes and periods for which, finance is provided 'the terms and conditions', including 'the rates of interest', on which it is provided. ..... to wage a war against poverty, waste, unwise spending, hoarding and other activities, habit of saving also enables family budgeting and postponing expenditure which can be deferred in favour of better utilisation in future ..... though section 45l was neither expressly stated nor mentioned in the preamble of the directions of the required recitation of satisfaction of objective facts to issue the directions from the facts and circumstances it is demonstrated that the r.b.i, had such satisfaction in its consideration of its power under .....

Rameshchandra Shamjibhai Raniga Vs. State of Gujarat

Court : Gujarat

Reported in : (2000)4GLR1

..... act contains saving provision in respect of those lands which had been declared 'excess and which were deemed to have been vested in the government and of which possession has been received by the government under the repealed act ..... the guidelines also provide that the state should built up land bank (1) by earmarking government land already available, and (2) by acquiring land which may not be very ..... the objects and reasons for enacting and enforcing the repealed act, 1976 and the said preamble reads as under:-'an act to provide for the imposition of a ceiling on vacant land in urban agglomerations, for the acquisition of such land in excess of the ceiling limit to regulate the construction of buildings on such land and for matters connected therewith ..... therefore, the states should build up a land bank.a) by earmarking government land already available andb) by acquiring land which may not be very expensive at present the land bank may be used to allot land at cost price to builders or any other agencies such as state housing boards, state development authorities, cooperative societies and such ngos which the state governments feel will help in achieving the social objective of building houses for economically ..... guidelines it is to be retained in the `land bank' for utilisation for poor and homeless. ..... the land bank is directed to be used to allot land at cost price to builders or any other agencies such as state housing boards, state development authorities, cooperative societies .....

Riddhisiddhi Bullions Limited and Others Vs. Union of India, through C ...

Court : Mumbai

..... to give such information as will reasonably satisfy him that the transaction will not involve, and is not designed for the purpose of any contravention or evasion of the provisions of this act or of any rule, regulation, notification, direction or order made thereunder, and where the said person refuses to comply with any such requirement or makes only unsatisfactory compliance therewith, the ..... act 24 of 1978, the reserve bank of india can transact the business of purchase and sale of gold or silver coins and gold and silver bullion and foreign exchange and the opening of gold account with the principal currency authority of any foreign country or the bank for international settlements or any international or regional banks or financial institutions formed by such principal currency authority or by authorities of the government ..... i say and submit that as enshrined in the preamble of the rbi act, 1934, the bank is custodian of foreign exchange and regulates the sale ..... save and except approaching this court in its jurisdiction under article 226 of the constitution of india is fallacious inasmuch as it overlooks section 15 of the foreign trade (development and regulation) act ..... ..... save as otherwise provided in this act, where any amount of foreign exchange is due or has accrued to any person resident in india, such person shall take all reasonable steps to realise and repatriate to india such foreign exchange within such period and in such manner as may be specified by the eserve bank .....

K.M. Chikkathayamma and Others Vs. The State of Karnataka, Urban Devel ...

Court : Karnataka

..... - 15620/2013 contends as follows : that from a plain reading of the preamble to the la act, 1894, the preamble to the kuda act and the preamble to the la act, 2013, respectively, it is evident that the object of the la act, 1894, was only for acquisition of land and the object of the kuda act was to acquire land for planned development; whereas the preamble to the la act, 2013 indicates that the object of the act is all encompassing, in that, it contemplates land acquisition for industrialization, development of essential ..... preamble: (to the la act, 2013) "an act to ensure, in consultation with institutions of local self- government and gram sabhas established under the constitution, a humane, participative, informed and transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisation with the least disturbance to the owners of ..... 107 (power of state legislatures to enact any law more beneficial to affected families) and 108 (option to affected families to avail better compensation and rehabilitation and resettlement) of the la act, 2013, all evidence parliament's legislative intent to save state enactments pertaining to land acquisitions, where they are more beneficial to the land owners. ..... land that is not used within ten years in accordance with the purposes, for which it was acquired, shall be transferred to the state government's land bank. .....

K.H.V. Prasad and ors. Vs. Govt. of Andhra Pradesh Rep. by Its Princip ...

Court : Andhra Pradesh

Reported in : 2009(4)ALT71

..... subject to the condition that all parameters laid down in relevant statutes, master plan, zonal development plan, building bye-laws, building rules and other relevant government orders including andhra pradesh fire service act, 1999 and the national building code are satisfied;(c) payment of penalty equivalent to thirty three percent (33%) of the various categories of fees and charges payable by ..... preamble, section 2 of the said amendment act provided that notwithstanding anything contained in the hmc act, 1955, the andhra pradesh municipalities act, 1965 and the andhra pradesh urban areas (development) act, 1975, the government shall have power to regularize unauthorized constructions made by the owners or individuals, who constructed the buildings unauthorizedly or in deviation of the sanctioned plan upto 30.06.1998, filed voluntary declarations or applications for regularization as stipulated in the various government ..... or by an individual as the case may be, unauthorisedly or in deviation of the sanctioned plan as on the date of commencement of the andhra pradesh municipal laws and urban areas (development) (second amendment) act, 2008 as a one time measure, as per the procedure and by levying such penal amount as may be prescribed and upon payment of such amount all pending or contemplated proceedings and action of enforcement shall ..... purchasers is an exploited class, which has parted with their life savings in purchasing the flats and is residing there with their families ..... bank .....