Judgment Search Results Home > Cases Phrase: industrial disputes banking companies decision act 1955 section 4 duration of the award Court: delhi Page 1 of about 38 results (0.145 seconds)

Bank of Maharashtra Vs. Om Prakash Malwaliya

Court : Delhi

Reported in : (1985)ILLJ185Del

..... presided over by shri p. sastry, commonly known as sastry award, as modified and enacted by the industrial disputes (banking companies) decision act, 1955, the industrial disputes banking companies decision amendment act, 1957, and subsequently modified by the award of the national industrial tribunal presided over by mr. justice k. t. desai, commonly known as desai award, first bipartite settlement dated 19th october, 1966, and the second bipartite settlement ..... dated 12th october, 1970, govern the terms and conditions of the employees of the banks which were parties thereto .....

Bari Doab Bank Ltd. Vs. Union of India and Others

Court : Delhi

Reported in : AIR1998Delhi95; [1997]89CompCas438(Delhi)

..... scheme is sanctioned by the central government, intimated their intention of not becoming employees of the banking company on its reconstruction or, as the case may be, of the transferee bank, the payment to such employees of compensation, if any, to which they are entitled under the industrial disputes act, 1947, and such pension, gratuity, provident fund and other retirement benefits ordinarily admissible to them ..... years from the date of the payment or grant mentioned in that clause, to the reserve bank whose decision thereon shall be final; (j) notwithstanding anything contained in clause (i) where any of the employees of the banking company not being workmen within the meaning of the industrial disputes act, 1947 (14 of 1947), are specifically mentioned in the scheme under clause (i), or where .....

Wire Netting Stores Delhi and anr. Vs. the Regional Provident Fund Com ...

Court : Delhi

Reported in : 20(1981)DLT18; [1981(43)FLR158]; 1981LabIC1015; (1982)ILLJ7Del

..... substantial question of law. there is thus ample safeguard made by the employees' state insurance act for proper adjudication .and effective hearing. similarly, quantification under the industrial disputes act could be referred to labour. courts or tribunals which are manned by duly qualified persons, as provider by the statute itself. the payment of wages ..... option but to pass an order winding up the banking company when the application is made by the reserve bank was not ultra virus either article 14 or art. 19 of the constitution. the court observed that the exclusion of courts is ..... india and others, : air1962sc1371 (5). the question-before the constitution bench was whether the provision in the banking companies' act, 1949 making the reserve bank the sole judge to decide whether the affairs of a banking company were being so conducted as to be prejudicial to the. interests of the depositors and the court has no .....

Batra Hospital Employees Union vs.batra Hospital & Medical Research

Court : Delhi

..... 2 of 48 3. this resulted in the conciliation officer being moved in the matter and, on conciliation proceedings failing to fructify, the initiation of an industrial dispute, under the industrial disputes act, 1947 (hereinafter referred to as the id act ), which was referred, by the secretary, (labour), government of national capital territory of delhi, to ..... into the public accounts of the government under such detailed heads of accounts as may be prescribed or in the reserve bank of india, state bank of india or any corresponding new bank as defined in the banking companies (acquisition and transfer of undertakings) act, 1970. it has thus a scheme of profit and loss. it shall earn ..... the act. the high court, after taking into account the judgments in titaghur paper mills co. ltd. (supra), mumbai kamgar sabha (supra) and jalan trading company pvt. ltd.(supra), held as under: the concept of the bonus, the object sought to be achieved by 4. its grant and the circumstances warranting the .....

Small Industries Development Bank of India Vs. Nirmaan Bharati Samajik ...

Court : Delhi

..... debt as per the provisions of section 38 of the small industries development bank of india act, 1989.16. considering the facts and the contentions urged, it is apparent that there is no dispute that the respondent company owes substantial debt to the petitioner bank and has been unable to pay the same. the respondent company has also not contested its current inability to repay the ..... to discharge its debt, the present petition is liable to be admitted. the contention that the petitioner bank is liable to extend a rehabilitation package to the respondent company in terms of the rbi guidelines is disputed. i am also unable to readily accept that the petitioner bank can be compelled to provide further assistance contrary to its commercial wisdom.the question whether the respondent .....

Montari Industries Ltd. Vs. State Bank of Patiala

Court : DRAT Delhi

..... and that no notice has been ordered to be issued to the respondent-bank. learned counsel for the appellant-defendant relies upon the decision in raja kulkarni v. state of bombay, air 1954 sc 73.this decision related to a case under the industrial disputes act, wherein it was held as follows (at page 74) : " ..... , therefore, the proceedings in the o. a. have to be stayed. "22. suspension of legal proceedings, contracts, etc.-(1) where in respect of an industrial company, an inquiry under section 16 is pending or any scheme referred to under section 17 is under preparation or consideration or a sanctioned scheme is under implementation or where ..... interest and costs before the debts recovery tribunal-ii, delhi (hereinafter referred to as "the drt"). the appellant-defendant filed an application under section 22 of the sick industrial companies (special provisions) act, 1985 (hereinafter referred to as "sica"), read with rule 18 of the debts recovery tribunal (procedure) rules, 1993, for stay of .....

Tata Iron and Steel Co. Ltd. Vs. Jhalani Tools India Ltd.

Court : Delhi

..... run under an arrangement between the company and a buyer and was finally closed by the ol on 12th august 2004. it is submitted that since the lock outs were valid no closure compensation is payable. it is submitted that the provisions concerning strikes and lock out in chapter v of the industrial disputes act, 1947 (id act) ..... lie or be proceeded with except with the consent of the bifr.4. in the reference made to the bifr by the company, a rehabilitation scheme was approved in 1987. industrial development bank of india (idbi) had, pursuant thereto, sanctioned a term loan (tl) of rs.2.56 crores. out of the said tl, the financial institutions released ..... the total workers dues were rs.51,95,03,803. the claims of the seven secured creditors i.e. dena bank, ifci (assignee of iibi), kotak mahindra bank (assignee of american express bank), syndicate bank, indian overseas bank, canara bank and idbi bank was determined at rs.93,37,90,231. the dues of the provident fund (pf) authorities was rs.27, .....

In the Matter Of: Jhalani Tools India Ltd. Vs. -------

Court : Delhi

..... run under an arrangement between the company and a buyer and was finally closed by the ol on 12th august 2004. it is submitted that since the lock outs were valid no closure compensation is payable. it is submitted that the provisions concerning strikes and lock out in chapter v of the industrial disputes act, 1947 (id act) ..... lie or be proceeded with except with the consent of the bifr.4. in the reference made to the bifr by the company, a rehabilitation scheme was approved in 1987. industrial development bank of india (idbi) had, pursuant thereto, sanctioned a term loan (tl) of rs.2.56 crores. out of the said tl, the financial institutions released ..... the total workers dues were rs.51,95,03,803. the claims of the seven secured creditors i.e. dena bank, ifci (assignee of iibi), kotak mahindra bank (assignee of american express bank), syndicate bank, indian overseas bank, canara bank and idbi bank was determined at rs.93,37,90,231. the dues of the provident fund (pf) authorities was rs.27, .....

M/S. Colcom Plastic Ltd. and Others Vs. Union of India and Others

Court : Delhi

Reported in : (1997)ILLJ1230Del

..... if so, what amount of money are they entitled to 4. whether the undertaking or the business of messrs. river steam navigation company limited has been closed within the meaning : and contemplation of section 25fff of the industrial disputes act, 1947 if so, what amount of money as compensation are, if so, workmen mentioned in lists nos. i and ii entitled ..... the case of state bank of bikaner and jaipur v. r. l. khandelwal : (1968)illj589sc holding that a workman cannot put forward a claim in an application under section 33-c(2) in respect of a matter which is not based on an existing right and which can be appropriately the subject matter of an industrial dispute which requires the ..... the legislative history as discernible from the aforesaid provisions we will now consider the scope of section 33-c(1) could be initiated. 33-c(1)20. in central bank of india v. p. s. rajagopalan etc., 1963 2 llj 89 the question that came for consideration was the scope of section 33-c(2) could be initiated. .....

Weston Electroniks Ltd Vs. Union of India and ors.

Court : Delhi

Reported in : 1997IAD(Delhi)538; 65(1997)DLT587; (1997)ILLJ1230Del

..... , 1947?. if so, what amount of money are they entitled to? 4 whether the undertaking or the business of messrs rivers steam navrgadon company limited has been closed which the meaning and contemplation of section 25fff of the industrial disputes act, 1947 it so, what amount to money as compensation are, it so, workmen mentioned in lists nos. i and ii entitled to ..... the conclusion that adjudication is permissible while exercising power under section 33-c(1). for determining this aspect, we may first notice some of the decided cases.(21) in central bank of india vs . p. s. raja gopalan etc. : (1963)iillj89sc the question that came for consideration was the scope of section 33-c(2). the supreme court held that section .....