Judgment Search Results Home > Cases Phrase: life insurance corporation act 1956 chapter 7 miscellaneous Court: kerala Page 1 of about 355 results (0.122 seconds)

P.V. Mani and ors. Vs. Union of India (Uoi) and ors.

Court : Kerala

Reported in : AIR1986Ker86

..... act, petitioners therefore challenge the validity of act 1 of 1981 also.2. the life insurance corporation (hereinafter referred to as the corporation) was constituted under the life insurance corporation act, 1956 (hereinafter referred to as the act). the life insurance business ofabout 243 companies was ..... . they seek to avoid ext. p2 order of the government of india and ext. p3 regulation issued by the life insurance corporation of india, both on the same day viz., 19-12-1978. during the pendency of the original petition, the life insurance corporation act, 1956, was amended by life insurance corporation (amendment) act, 1 of 1981, incorporating exts. p2 and p3 as rules under section 48(2)(cc) of the .....

P.M. John Vs. Divisional Manager, Life Insurance Corporation of India ...

Court : Kerala

Reported in : AIR1960Ker251

..... .the petitioner's complaint is, that the terms and conditions of his service with the former insurance companies as divisional manager, which were guaranteed by sections 11(1) of the life insurance corporation act, 1956, or simply the act, have thereby been altered to his disadvantage, and he therefore seeks a writ of mandamus or ..... other appropriate writ, direction or order 'to assign... his legitimate place in the corporation ..... with due reference to the post he was ..... order. 1957 dated the 30th december, 1957, issued by the central government, in purported pursuance of sections 11(2) of the act, as amended by the life insurance corporation (amendment) act, 1957 (act 17 of 1957). the petitioner has a contention, that ext. r-4 is ultravires, being in contravention of the prescriptions in sections .....

Life Insurance Corporation Vs. Appellate Authority

Court : Kerala

Reported in : (1991)IILLJ226Ker

..... the corporation shall be a body corporate, having perpetual succession and a common seal with power, and subject to ..... regard to this contention therefore is, can the corporation be said to be an establishment under the central government? the answer depends upon the construction of the relevant provisions of the life insurance corporation act, 1956, for short, the act. the life insurance corporation is established under section 3 of the act.. it enables the central government to establish a corporation called the life insurance corporation of india. sub-section (2) thereof provides that .....

Sundaram Finance Ltd. Vs. State of Kerala,

Court : Kerala

Reported in : AIR2010Ker80,2009(4)KLT833

..... a co-operative society; or(b) the life insurance corporation of india established under section 3 of the life insurance corporation act, 1956 (central act 31 of 1956); or(bb) the industrial credit and investment corporation of india limited incorporated under the indian companies act, 1913 (7 of 1913);(c) the industrial finance corporation established under section 3 of the industrial finance corporation act, 1948 (central act 15 of 1948); or(d) x x ..... x x(e) the state financial corporation established under section 3 .....

Nalini B.V. Saraf Vs. Assistant Controller of Estate Duty

Court : Kerala

Reported in : (2005)197CTR(Ker)539; [2005]279ITR278(Ker); 2005(3)KLT943

..... decision reported in : air1963sc1171 supra, the court was concerned with payment of interest for delayed payment of compensation under the life insurance corporation act, 1956 by the life insurance corporation to the national insurance corporation for the compulsory taking over of the life insurance business of the national insurance corporation under the life insurance corporation act. these situations cannot be equated with the payment of refund consequent to appellate orders under taxing statutes. in those decisions, interest ..... dispute only centered round the rate of interest, the amount on which it is payable and the date from which it should be given. there is no doubt that the life insurance corporation act and the rules do not contain any express provisions for grant of interest. the company relied on case; s of purchases of immovable property where interest is awarded as a .....

C.V. George and Sons Vs. Assistant Commissioner of Income-tax

Court : Kerala

Reported in : (2006)205CTR(Ker)593; [2006]286ITR389(Ker)

..... credit and investment corporation of india ltd.;(viii) the industrial development bank of india established under ..... section 2 of the reserve bank of india act, 1934 (2 of 1934), or any primary credit society as defined in clause (civ) of that section ;(v) the life insurance corporation of india established under section 3 of the life insurance corporation act, 1956 (31 of 1956) ;(vi) the industrial finance corporation of india established under section 3 of the industrial finance corporation act, 1948 (15 of 1948) ;(vii) the industrial .....

Commissioner of Income-tax Vs. T.K. Ginarajan

Court : Kerala

Reported in : [2000]243ITR709(Ker)

..... andhra pradesh high court in cit v. b. chinniah : [1995]214itr368(ap) , and other cases were distinguished on the ground that the provisions of the life insurance corporation act were not brought to the notice of the said courts and, therefore, they do not have any relevance. the conclusions are confusing and are based on an erroneous ..... erred in relying on the board's regulation to restrict the amount of deduction under section 16(i) of the act. 'annual remuneration' as purportedly defined in schedule iii to the life insurance corporation act, 1956 (in short 'the lic act'), was referred to. on being moved, the tribunal has made a reference as referred to above.4. the ..... revenue's stand is that section 15 of the act lays down that any salary or addition to salary shall be .....

Link Hire-purchase and Leasing Co. (Pvt.) Ltd. and Premier Kuries and ...

Court : Kerala

Reported in : [2001]103CompCas941(Ker)

..... a co-operative society ; or (b) the life insurance corporation of india established under section 3 of the life insurance corporation act, 1956 (central act 31 of 1956); or (bb) the industrial credit and investment corporation of india limited incorporated under the indian companies act, 1913 (7 of 1913) ; (c) the industrial finance corporation established under section 3 of the industrial finance corporation act, 1948 (central act 15 of 1948); or ... (e) the state ..... finance corporation established under section 3 of the state financial corporations act, 1951 (central act 63 of .....

Kerala State Insurance Department Vs. Union of India

Court : Kerala

Reported in : 2012(2)KLT941; 2012(2)KHC683

..... general insurance business (nationalisation) act, 1972. 2. the parties and proceedings are referred to, as arrayed in w.p.(c)no ..... government/governmental institutions, is liable to pay 'service tax', treating such insurance as 'taxable service'. contention is that the petitioner is not rendering any 'taxable service' having been excluded from the purview of any such activity governing 'life insurance' by virtue of the 'exclusion' under section 44(f) of the life insurance corporation act, 1956 (lic act in short) and 'exemption' under section 36(1)(a) of the .....

Senior Divisional Manager, LIC of India and Others Vs. Joseph Kunju Za ...

Court : Kerala

..... the chairman, it should be considered by a competent officer. apparently chairman of lic is not the reviewing authority. as per the life insurance corporation act, 1956, the corporation is formed by a minimum of sixteen persons nominated by the central government, and one among such person shall be appointed as chairman by ..... suspension is immediately subordinate. notwithstanding anything contained in this regulation and subject to the provisions of the life insurance corporation act, rules and regulation no appeal to the corporation shall lie against an order made by the corporation under regulation 36 or regulation 39. 9. the senior divisional manager passed an order dated 25 ..... respondent herein and directed respondents 1 and 2 to transmit ext.p4 review petition before the competent authorities in terms of regulation 48 of the life insurance corporation of india (staff) regulations, 1960 (hereinafter referred to as 'the regulations'), so as to to enable the said authority to take an .....