Court : Andhra Pradesh
Reported in : AIR1994AP170; 1993(1)ALT608
..... not arise. therefore, it is authoritatively ruled by the supreme court in the above decision that the debts due to the banks which are nationalised under the provisions of banking companies act cannot be scaled down invoking the provisions of act iv of 1938. therefore, the judgments of p. kondandaramayya j. in satyanarayanaya's case : air1985ap77 (supra) as well as andh bank case (1986 ..... and the defendants therein took palce in the year 1950. a mortgage was executed for the credit given by the andhra insurance company to the debtor. in the meanwhile, life insurance corporation act, 1956 was enacted. the act provided for the nationalisation of life insurance corporation business in india by transferring all such business to a corporation established for the said purpose. sub-section .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 1993(3)ALT568
..... of the party. but the words 'true copy' was not written. question was whether failure to write the words 'true copy' entails dismissal under the provisions of 'the act'.85. learned acting judicial commissioner relying upon the judgments of the supreme court in dr. anup singh v. abdul ghani, : [1965]1scr38 and in subba rao v. member, election tribunal, ..... 1887'.23. now a combined reading of section 81 which prescribes period of limitation for the presentation of election petition and section 10 of the general clauses act (central act), indicate that the election petition will have to be presented to the high court within a period of forty-five days from the date of declaration of ..... during summer vacation and the same was presented on the date the court is open viz., 14-6-1993 as provided by section 10 of the general clauses act (central act), which is applicable to the election petitions and that it cannot be said that the election petition is not presented within the time.9. on the second .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : AIR1996AP413; 1996(2)ALT757; [1999]96CompCas645b(AP)
..... of 1956); (d) the general insurance corporation of india constituted under the general insurance corporation (nationalisation) act, 1972 (57 of 1972); (e) the unit trust of india, establishedunder the unit trust of india act, 1963 (52 of1963); (f) the industrial credit and investment corporation of india, a company registered under the companies act, 1956 (1 of 1956); (g) the subsidiaries of any of the corporations or ..... companies specified in (a) to (f) and any subsidiary of the state bank of india or any nationalised bank set up for providing merchant banking services, buying and selling securities and other similar activities .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : [2002]110CompCas193(AP)
..... in s. seetharaman v. stick fast chemicals (p.) ltd. [1998] 93 comp cas 507 the madras high court held that in a petition filed under section 397 of the companies act, 1956, the petition should contain all material facts. in the case of fraud, mismanagement, oppression, etc., full and complete particulars must be alleged in the petition. subsequent affidavits ..... counsel cited another judgment of the gujarat high court in sheth mohanlal ganpatram v. shri sayaji jubilee cotton and jute mills co. ltd. [1964] 34 comp cas 777. in that case a textile mill run by the company having entered into an adat agreement with a firm for supply of working capital for running the mill and ..... well as administrative enquiries. an unjust decision in an administrative enquiry may have more far-reaching effect than a decision in a quasi-judicial enquiry.'66. in fort william jute mills co. ltd. v. first labour court [1963] 1 llj 734 (cal) the calcutta high court ruled that 'though the strict rules of law of evidence .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2002(4)ALD660; 2002(6)ALT18
..... surjeet singh, : [1980]3scr946 and ramchandra ganpat shinde v. state of maharashtra, : air1994sc1673 . learned counsel also referred to section 100 of the representation of the people act and a decision in the case of shreewant kumar choudhary v. baidyanath panjiar, : air1973sc717 . in sum and substance, the argument is that since the breach of rule ..... intermediate stage in the process of election for constituting the managing committee of a specified society. 8. it was then urged that the tribunal constituted under the act has no power to go behind the preparation of the electoral roll and, therefore, the writ petition is maintainable. learned counsel also strongly relied upon the ..... of fact are raised in the writ petitions as regards the mode and method of dealing with the whip constituting alleged violation of the provisions of the act and the rules made thereunder, that controversy cannot be decided in these writ petitions and, therefore, the writ petitions are not maintainable. it is also .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2003(1)ALD500
..... . doctrine of undue influence was evolved for granting protection against transactions procured by exercise of insidious forms of influence spiritual and temporal. the doctrine applies to acts of bounty as well as to other transactions in which one party by exercising his position of dominance obtains an unfair advantage over another. this rule of ..... 1 to 4 might have thought that examining ayodhya ramulu on their behalf would be sufficient. further, as already noticed, under section 134 of the evidence act, it is not necessary that all the defendants should be examined. even one witness who is well informed is sufficient than examining scores of witnesses, who ..... it was argued that the plaintiff and defendants were having independent income-tax assessment to show that intention/ declaration to separate and subsequent settlement was not acted upon. in that context while referring to an income tax assessment order which showed that defendants 1 to 3 were being assessed on the basis of their .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2005(4)ALD582; 2005(4)ALT327; [2005]126CompCas708(AP); [2005]63SCL339(AP)
..... rural banks and any subsidiary banks); and(c) certain classes of co-operative banks.32. all the provisions of the 1949 act except those specified in section 56 apply to all non-nationalised banking companies. only some of the provisions apply to nationalised banks. insofar as the co-operative banks are concerned on an integrated analysis of the provisions of the section 3 and ..... in order to preserve and effectuate the legislative field expressed by the very general words 'intoxicating liquors and narcotic drugs' in entry-31 of the state list.101. in waverly jute mills co. ltd. v. raymon and co. (india) pvt. ltd. : [1963]3scr209 , the legislative field 'market' (entry-48 list-i) was construed as a specific entry which abstracts from the .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2005(6)ALD582; 2005(6)ALT364
..... adarand constructors-1). in this case, the united states department of transportation through its central federal lands highway division awarded contract to mountain gravel and construction company. the contract provided that if the prime contractor hires sub-contractors certified as small businesses controlled by 'socially and economically disadvantaged individuals', they would receive additional ..... in andhra pradesh.12. the a.p. state commission for backward classes is a statutory body constituted under the a.p. backward classes commission act, 1993 (act 20 of 1993). the commission was constituted in accordance with the directions of the supreme court in indra sawhney v. union of india (129 supra ..... careful examination of the issue, decided to seek the opinion of the commission under section 9(1) of the a.p. commission for backward classes act, 1993 (act 20 of 1993), whether to include muslim community within the purview of backward classes of citizens under articles 15(4) and 16(4) of the .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2008(2)ALT611
..... respondent-arcil cannot exercise any authority or function in an arbitrary fashion. the following illustrate the duties and functions of public nature and public character contemplated by the security act, securitisation companies and reconstruction companies:(i) efficient and focused recovery of public monies to reduce non-performing assets of publicly held banks and financial institutions;(ii) to employ and utilize securitized assets judiciously ..... not sanctioned, the consequence for tomco may be very serious. the share holders, the employees, the creditors will all suffer. the argument that the company has large assets is really meaningless. very many cotton mills and jute mills in india have become sick and are on the verge of liquidation, even though they have large assets. the scheme has been sanctioned almost .....
Tag this Judgment!Court : Andhra Pradesh
Reported in : 2009(4)ALT431:AIR2009NOC2482(A.P)(F.B).
..... 'ble justice k.g. balakrishnan (as his lordship then was) holding that a company has no immunity from prosecution, and that fine can be imposed for violating a penal provision. the majority also held that law should be interpreted so as ..... standard chartered bank v. directorate of enforcement : (2005) 4 scc 530 : air 2005 sc 2622, another constitution bench of supreme court considered the question whether a company or a corporation, being a juristic person, can be prosecuted for an offence for which mandatory punishment prescribed is imprisonment and fine. the leading opinion was given by hon ..... services rendered and general service to the body of traders and growers is sufficient and it is the object of the act and it is being rendered.85. in agriculature market committee, rajam v. rajam jute and oil millers association rajam 2003(2) supreme 232 the apex court held at para-23 as hereunder:in the .....
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