Court : Rajasthan
Reported in : RLW2009(1)Raj62
..... for the respondents, only section 17a of the general insurance business (nationalisation) act, 1972 ['the act of 1972'] and the amendment scheme of 2005 issued thereunder are of statutory character and rest all has been left by the legislature to be worked out by the company and the authorities concerned to determine the manner in which the ..... .e., the cases of secretary to the government and anr. v. m. senthil kumar 2005 air scw 1269; and union of india and ors. v. indian jute mills associations and ors. 2005 air scw 2723 have got no relevance even to the very question as posed by the petitioner. in m. senthil kumar (supra), ..... part of the order of high court was set aside. similarly, in the case of indian jute mills associations (supra), the question was regarding extent of power of advisory committee constituted under jute packaging materials (compulsory use in packing commodities) act, 1987 to make its recommendations to the central government for formulation of road map for progressive .....
Tag this Judgment!Court : Rajasthan
Reported in : (2004)88TTJ(NULL)1045
..... company at the time of take over.(i) the solicitor general of india and the ministry of law, whose views were canvassed, recommended the payment of a fixed sum to avoid litigation.(j) a fresh ordinance dated 2-8-1976 was thereafter issued and subsequently replaced by another act of parliament, the metal corporation (nationalisation and miscellaneous provisions) act, 1976. the act ..... a sum of rs. 198 lakhs had been paid separately for the express purpose of acquisition. the learned authorised representative has relied upon the case of empire jute company ltd. v. cit (supra). in alembic chemical works co. ltd. v. cit : [1989]177itr377(sc) , the hon'ble supreme court had clarified ..... have been duly admitted and adjudicated upon. it was a clearly established obligation on the commissioner (appeals), in the light of the ruling in the case of jute corporation of ind. ltd. v. cit & anr. 0044/1991 : [1991]187itr688(sc) . the appellant has raised the following additional grounds before the .....
Tag this Judgment!Court : Rajasthan
Reported in : AIR2000Raj180
..... that too only on the award amount of rs. 29,96,060/-. he contended that since the respondent company borrowed from financial institutions including nationalised banks at the compound interest rate more than 18% per annum. so the respondent company is entitled to compound interest at 18% per annum and not at the simple interest. he has also ..... reference period as well as reference period which was beyond jurisdiction and terms of agreement whereas award interest for prer reference period was against the provisions of the interest act 1978, inasmuch as there has been discrepancy in the order and decree as to the rates of interest because the order mentions rate of interest @ 15% ..... the arbitration agreement was void in view of violation of sections 201 & 203 of delhi municipal corporation act read with byelaw 3(1) (a) and since the view earlier taken by the five judge bench of apex court in waverly jute mill's case (air 1963 sc 90) was doubted, therefore, the matter was referred to larger .....
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