Judgment Search Results Home > Cases Phrase: insurance amendment act 2002 section 6 amendment of section 28b Court: allahabad Page 1 of about 115 results (0.106 seconds)

Anil Kumar Gupta Son of Late Sri Om Prakash Gupta Vs. the Oriental Ins ...

Court : Allahabad

Reported in : [2006(111)FLR237]

..... . proviso to this section mentions that all functions of corporation, specified in this section, on the commencement of general insurance business (nationlasation) amendment act, 2002 shall be performed by central government. section 21(2) authorises central government to appoint custodian for management of indian insurance companies. section 22 authorises central government to transfer employees and as per section 23, the corporation and every acquiring company ..... staff was introduced vide head office circular dated 08.12.2000 preceded by amendments subject to promotion policy approved by the board of gic dated 24.11.2000. it has also been contended that oriental general insurance company ltd. being a public sector general insurance company duly incorporated under the companies act, 1956 is bound by the rules and regulations framed by the board .....

Satya Pal Singh and ors. Vs. M.A.C.T./F.T.C., Iind and ors.

Court : Allahabad

Reported in : I(2003)ACC4; 2003ACJ337; 2003(3)AWC1912

..... apex court in vinod gurudas raikar v. national insurance co. ltd. and ors., air 1991 sc 2156 and kerala state electricity board and anr. v. valsala k. and anr. etc. etc., air 1999 sc 3502. counsel contended that although the provision of section 166(3) has been deleted by motor vehicles (amendment) act 54 of 1994 with effect from 14.11.1994 ..... bhushan, j. 1. heard sri y.k. sinha counsel for the petitioners. 2. by this writ petition, the petitioners have prayed for quashing of the order dated 24.8.2002 and entire proceedings of motor accident claim case no. 71 of 2001 pending before the motor accident claims tribunal/f.t.c., 2nd, saharanpur. 3. the facts of the case ..... by the tribunal including issue no. 4 as to whether the application is time barred. the tribunal vide order dated 24.8.2002 held that the application is not barred by time. the order dated 24.8.2002 has been challenged in this writ petition. 4. counsel for the petitioners in support of the writ petition has submitted that the .....

Commissioner of Income Tax Vs. Oriental Insurance Co. Ltd.

Court : Allahabad

..... also goes to show that prior to 1.6.2003, the legislature had no intention to charge any tax on the interest received as compensation under the motor vehicle act. even under the amended act, interest received in excess of rs.50,000/- has been subjected to tax liability. certainly such interest exceeding rs.50,000/- has further to be split amongst all ..... by the order dated 24.01.2006 of this bench in ita no.317 to 321/agra/2003 for the assessment years 1998-99 to 2002-2003 in the case of the divisional manager, new india insurance co. ltd. agra vs. ito, wherein the issue was decided against the revenue and in favour of the assessee by following the findings of ..... of agra bench in ita no.276 and 280/agra/2003 in the case of oriental insurance company ltd. vs. ito. respectfully folowing the order of this bench in the case of divisional manager, new insurance company ltd. (supra) for the a. yrs. 1998-99 to 2002-2003 and also keeping in view that the facts of the present cases are similar, the .....

Richa Khare and Others Vs. Ankit Guta and Others

Court : Allahabad

..... to rash and negligent driving of the truck driver. thus, all the necessary ingredients for an application under section 166 of the act are present in the claim petition. significantly, in the amendment application no amendment of the pleading or the relief has been sought by the claimants. thus, there is no question of change of nature of ..... to a section of people whose annual income is not more than rs.40,000/-, whereas section 166 under chapter xii of the act does not have any such ceiling. the supreme court in the case of national insurance company limited v. sinitha and others [2012 (1) tnmac 1 (sc): 2012 (2) scc 356] has considered the ..... various decisions upheld the power that in deserving cases, the court can allow delayed amendment by compensating the other side by awarding costs. the entire object of the amendment to order 6 rule 17 as introduced in 2002 is to stall filing of application for amending a pleading subsequent to the commencement of trial, to avoid surprises and that .....

Kohli Brothers Colour Lab (P) Ltd. Vs. the Commissioner, Income Tax

Court : Allahabad

..... are now being straightaway allowed in the year of written off. for this purpose, he relied on the ratio laid down in the following cases-income tax v. general insurance corporation of india, (2002) : 254 itr 204 (bom.), page 209 where it was observed that-however, so far as the exact requirement of the writing off is concerned, the language used in ..... prashant chandra submits that in the instant case, the assessee has written off the bad debt as per the proviso to section 36(1)(vii) of the income tax act. after the amendment w.e.f. 1.4.1989, the entire amount of bad debt which has been written off as not recoverable in the accounts of the assessee for the previous ..... the assessee was not in doubt. therefore, all that the tribunal has done is to uphold the first appellate authority's decision, applying the provisions of the amended section 36(1)(vii) of the act, and no question of law arises in the matter from such application of the provision to the facts of the case.in the case of cit v .....

The U.P. Motor Transport Association, Kanpur Vs. the Chairman, I.R.D.A ...

Court : Allahabad

..... learned counsel for the parties and perused the record. to consolidate the law relating to business of insurance the insurance act, 1938 was enacted by the insurance (amendment) act, 1968. the insurance act, 1938 was amended by adding part ii and iii in the insurance act, 1938. section 64uc provided for power of the insurance advisory committee to regulate rates, advantages etc. section 64uc (1)(2) and (3) are quoted below:- 64uc ..... was made in the year 1999 namely the insurance regulatory and development authority act, 1999 for establishment of authority to protect the interest of holders of insurance policy to regulate, promote and ensure orderly growth of the insurance industry and matter connected therewith and further to amend the insurance act, 1938. insurance regulatory and development authority was constituted under the 1999 act and duties, powers and functions of the .....

Oriental Insursance Co. Ltd. Vs. Iqbal Ahmad and ors.

Court : Allahabad

Reported in : 2009ACJ1151

..... filed, the said provision was not in existence....xxx xxx xxxthus, section 163-a of the act as inserted by amending act 54 of 1994 creates new right in favour of the claimants and it creates new liability on the owner and insurer. therefore, the provision will be applicable to the cases where accident has occurred on the date ..... reference may be made to the decision of karnataka high court in appaji v. m. krishna , wherein the provisions of section 163-a of the act which were added by amending act 54 of 1994, were considered and it was observed:(16) it is evident from the above that section 163-a was never intended to provide relief ..... of commencement of the act or after the amendment. the provision will not be applicable to the accident which occurred prior to the amendment .....

Sm. Shanti Devi Vs. Shri Ram Lal

Court : Allahabad

Reported in : AIR1958All569

..... the first day of april 1923.' 8. it is also necessary to quote section 39 of the insurance act, 1938 (act iv of 1938) as amended by section 20 of the insurance amendment act, 1946 (vi of 1946). '39. (1) the holder of a policy of life insurance on his own life may, when effecting the policy or at any time before the policy matures ..... of 1874) applies or has at any time applied; provided that where a nomination made whether before or after the commencement of the insurance (amendment) act, 1946, in favour of the wife of the person who has insured his life or of his wife and children or any of them is expressed, whether or not on the 'face of the policy, ..... , in this case. 10. it may be here restated that this proviso was introduced by section 20 of the insurance amendment act, 1949 already referred to. 11. section 6(1) of the married women's property act makes no such provision for nomination subsequent to the effecting of the policy, nor does make any provision for the registration of such .....

U.P. State Road Transport Corporation Vs. Smt. Madhu Sharma and ors.

Court : Allahabad

Reported in : III(2003)ACC717; 2003(4)AWC2620

..... there was no occasion to consider the effect of the deletion of the provisions contained in section 163a and the second schedule of the motor vehicles act vide the amending act no. 30 of 2001.13. the learned counsel for the appellant had next urged that the tribunal has erred in applying the multiplier of 16 ..... illness or other natural handicap or calamities, the age of the dependants and their developing, their independent sources of income, etc., excluding, however, the amount of insurance policies of the deceased to which the dependants may become entitled on account of its maturity on account of the death. it must further be emphasised, however, ..... the compensation tracing its jurisdiction to the relevant provisions in the motor vehicles act which was available as envisaged under section 166 of the aforesaid act.12. the learned counsel for the appellant has tried to draw support from the decision in the case of oriental insurance co. ltd. v. hansrajbhai v. kodala and ors., 2001 (2) .....

Devi Saran Mishra Vs. the Union of India (Uoi) and ors.

Court : Allahabad

..... structure so long it was insured that it was real effective mechanism and was effective substitute of high court. it was observed that at its inception , it did not measure to the standard of effective substitute, and several amendments were suggested. suggested amendments were given the force of law, by amending act 51 of 1987. after ..... said judgment had been delivered, and amendments had been incorporated, division bench of hon'ble apex court in : 1995 (1) scc 400, ..... are being looked into.6. part xiv-a of the constitution was inserted through section 46 of the constitution (42nd amendment) act, 1976 with effect from 01.03.1977. said amendment proposed two provisions of articles 323-a and 323-b, which are extracted below:323-a. administrative tribunals.- (1) parliament may, by .....