Judgment Search Results Home > Cases Phrase: insurance act 1938 4 of 1938 section 10 separation of accounts and funds Court: mumbai Page 14 of about 132 results (0.150 seconds)

Kay Iron Works Pvt. Ltd. a Company Incorporated Under the Indian Compa ...

Court : Mumbai

Reported in : 2006(6)BomCR89

..... that the salary limit of rs.3500/-per month has been raised to rs.6500/-by the notification dated 4/3/2001. the pf act is an act to provide for the institution of provident funds, pension fund and deposit -linked insurance fund for employees in factories and other establishments. it is basically a welfare legislation so as to provide ..... scheme.- (1) the central government may, by notification in the official gazette, add to amend or vary, either prospectively or retrospectively, the scheme, the pension scheme, or the insurance scheme as the case may be. (2) every notification issued under sub-section (1) shall be laid, as soon as may be after it is issued, before each house ..... shall take effect either prospectively or retrospectively on such date as may be specified in this behalf in the scheme. 4. the employees' provident fund scheme, 1952 has been framed under section 5 of the p.f. act and has been amended from time to time. this power of amendment of the scheme emanates from section 7 of .....

Murphy Radio of India Ltd. Vs. Its Workmen

Court : Mumbai

Reported in : (1959)ILLJ297Bom

..... error in the wording of the demand, but sri dudhia said that the prayer was that contribution made by the employer and the workmen under the employees' state insurance act should be taken as wages for purposes of bonus, gratuity, etc. some argument was advanced by sri dudhia on this demand and he submitted that while awarding ..... 48,000 building reserves ... 1,50,000 machinery replacement ... 50,000 dividend equalization ... 25,000 contingency ... 25,000 --------- 2,98,000 --------- he has calculated a return of 4 per cent on this amount. beyond merely stating that the working capital was higher sri mehta did not point out any figure which should have been taken into account but ..... a gift bonus scheme under which a workman can earn as much as 12 per cent of his total earnings according to his skill, ability, punctuality and discipline. 4. sri k. s. mehta for the company argued that the question whether the workmen can get bonus equivalent to more than three months' total earnings is barred by .....

Indian Airports Employees Union Vs. Air India and ors.

Court : Mumbai

Reported in : [1996(73)FLR1763]; (1997)ILLJ1027Bom

..... 'appropriate government' is defined in clause (a) of section 2 of that act. 5. subsequent to the above amendment, the following 18 establishments, viz. (i) dock labour boards, (ii) industrial finance corporation of india, (iii) employees state insurance corporation, (iv) central board of trustees and the state board of trustees in the employees ..... investigate in accordance with law under section 10 of the contract labour (regulation and abolition) act, 1970. 4. the central government issued notification under section 10(1) of the contract labour (regulation and abolition) act, 1970 (for brevity 'the act'), dated december 9, 1976, prohibiting employment of contract labour, with effect from march 1, ..... boards will be advisory on matters arising out of the administration of the act as may be referred to them. the boards are to carry out the functions assigned to them under the act. (iv) the establishments covered under the act will have to be registered by the principal employer. in case of .....

Indian Airports Employees Union Vs. Air India and ors.

Court : Mumbai

Reported in : 1996(3)BomCR612

..... 'appropriate government' is defined in clause (a) of section 2 of that act. 5. subsequent to the above amendment, the following 18 establishments, viz. (i) dock labour boards, (ii) industrial finance corporation of india, (iii) employees state insurance corporation, (iv) central board of trustees and the state board of trustees in the employees ..... investigate in accordance with law under section 10 of the contract labour (regulation and abolition) act, 1970. 4. the central government issued notification under section 10(1) of the contract labour (regulation and abolition) act, 1970 (for brevity 'the act'), dated december 9, 1976, prohibiting employment of contract labour, with effects from march 1, ..... boards will be advisory on matters arising out of the administration of the act as may be referred to them. the boards are to carry out the functions assigned to them under the act. (iv) the establishments covered under the act will have to be registered by the principal employer. in case of .....

Indian National Shipowners Association Vs. Union of India (Uoi)

Court : Mumbai

Reported in : (2009)222CTR(Bom)234; [2009]16STJ175; 2009[13]STR235

..... connection or pager or a communication through telegraph or telex or a facsimile communication or a leased circuit;(ii) in relation to general insurance business;(iii) in relation to insurance auxiliary service by an insurance agent; and(iv) in relation to transport of goods by road in a goods carriage, where the consignor or consignee of goods is,(a) ..... the service tax at the rate specified in section 66. it is clear from reading of these provisions that according to scheme of the finance act, as it existed before 18-4-2006, the charge of service tax is on the person who is responsible for collecting the service tax. it is by virtue of the provisions ..... any factory registered under or governed by the factories act, 1948 (63 of 1948);(b) any company established by or under the companies act, 1956 (1 of .....

The Commissioner of Income-tax. Vs. Shri Bharat R. RuiA.

Court : Mumbai

..... a possible steep rise in the price of gold. it equally reduces the risk of the seller against a steep fall in the price. thus the contract acts as an insurance cover. when the transaction goes through without any dispute, the contract is fulfilled. but when the transaction fails and the motive behind the transaction is not ..... contract), many eyebrows are raised and many questions are asked. this is the point where the transaction takes a detour from a simple contract of insurance.7. there are at-least 4 categories of derivatives, commonly in use. some of them are traded through exchanges and they are known as exchange-traded-derivatives (etd). others are ..... relevant to income from profits and gains of business or profession.43. in sections 28 to 41 and in this section, unless the context otherwise requires -(1) to (4) ------(5) "speculative transaction" means a transaction in which a contract for the purchase or sale of any commodity, including stocks and shares, is periodically or ultimately .....

Jaswantray Manilal Akhaney Vs. State of Bombay

Court : Mumbai

Reported in : AIR1955Bom259; (1955)57BOMLR55; 1955CriLJ1049; ILR1955Bom54

..... determination of the question. 2. the applicant was a director of an insurance company which will, for brevity's sake, be called the 'union life insurance company.' on march 31, 1949, the applicant made a return, as required by section 28 of the insurance act, 1938. it appears that an administrator took charge of the affairs of this company ..... holding that the applicant was entitled to an acquittal principally and upon the only ground that the sanction for the prosecution of the applicant was bad in law. 4. thereafter the administrator applied for fresh sanction and the advocate-general having given such a sanction, a fresh complaint was filed against the applicant under section 104 ..... to be noted that the government of bombay did not appeal against the order of the learned magistrate acquitting the appellant, but it appears that on 10-4-1946, a fresh sanction to prosecute the appellant was obtained from the government of bombay, and on april 13, a fresh prosecution was instituted against the .....

Arumugam Chelliah Paul (Since Deceased by Lrs.) and Others Vs. Life In ...

Court : Mumbai

Reported in : 1990ACJ949; AIR1990Bom255; 1990(1)BomCR237; (1989)91BOMLR544; [1991]70CompCas567(Bom)

..... authority may not be of any help to us inasmuch as the relations of the parties and the claim of the policies are all governed by the provisions of the insurance act, 1938, and cannot be considered as a mere matter of contract.8. mr. pagnis then cited the case of raichand dhanji v. jivraj bhavanji : (1931)33bomlr1372 . this is for the ..... this angle, it becomes clear, as far as this suit is concerned, the contention of the defendants as raised at present will be without any justification whatever.issue no. 4:18. mr, pagnis submitted that there is no provision for payment of interest either in the policy or under the statute and, therefore, there should be no decree for ..... answered in the negative.issue no.3 : present plaintiffs are not required to obtain a succes- sion certificate and they are entitled to claim decree in the suit.issue no.4 : the defendants are liable to pay interest at the rate of 6% per annum from sep- tember 1, 1977 till october 1, 1985. further interest as accrued on .....

Sheo Shankar Ratanlalji Khamele Vs. Life Insurance Corporation of Indi ...

Court : Mumbai

Reported in : AIR1971Bom304; 1972MhLJ710

..... only from the date the formal document is executed or issued. in our opinion, the phraseology used in section 45 of the insurance act relates to a date from which the policy of insurance, that is, a contract of insurance, becomes effective and such date would be the date of the acceptance of the proposal from which the risk on the life of ..... from which date the risk is covered. it is in this sense that the words 'policy of life insurance effected' have been used in section 45 of the insurance act. even the formal policy issued in this case also refers to the date 4-8-1956 from which the risk of insurance is covered. the policy further mentions the date of last payment as ..... 4-8-1980 and the date of maturity as 4-8-1981. it further gives the same number of the policy .....

Sohansingh Assasingh and anr. Vs. Jasvantsingh Bisansingh Sohal and an ...

Court : Mumbai

Reported in : I(2006)ACC554; 2006ACJ1125; 2006(1)ALLMR109

..... he alone was liable to pay the amount of penalty. the learned counsel for the insurance company has taken us through the various provisions of workmen's compensation act, 1923 and more particularly the provisions of section 4-a(3)(b) of the act. therefore, in view of the submissions made by and the arguments advanced by the learned ..... amount of penalty imposed on the insured employer under the contingencies contemplated by section 4-a(3)(b) is concerned as that is on ..... the motor vehicle belonging to the insured employer, the claim for compensation payable under the compensation act along with interest thereon, if any, as imposed by the commissioner, under sections 3 and 4-a(3)(a) of the compensation act will have to be made good by the insurance company jointly with the insured employer. but so far as the .....