Judgment Search Results Home > Cases Phrase: life insurance corporation act 1956 chapter 7 miscellaneous Page 17 of about 29,890 results (0.195 seconds)

Sales Tax Officer, Central Circle, New Delhi Vs. Byford Ltd.

Court : Delhi

Reported in : [1984]55CompCas204(Delhi); ILR1982Delhi181; [1984]145ITR537(Delhi); [1983]53STC357(Delhi)

..... to decide and to determine. it was further held that the act of 1956 will override the provisions of the general act, namely, the companies act, which is an act relating to companies in general. following that decision we hold that ..... - the i.t. act and the sales tax act - are concerned. 16. in damji valji shah v. lic of india : [1965]3scr665 , it was held that the company court under s. 446(2) has no jurisdiction to entertain and adjudicate upon any matter which the tribunal under s. 41 of the life insurance corporation act, 1956, has exclusive jurisdiction ..... but what is that meaning which the legislature wants to convey much of our case law certainly suggests that the letter killed more often than the spirit given life. the very conception of interpretation connotes that the words have to be construed in the context in which they are used. words derive colour from their .....

Vatakkeveedu Chami Gopalkrishna Vs. the Life Insurance Corporation of ...

Court : Mumbai

Reported in : (1969)71BOMLR577; 1969MhLJ921

..... on the original side.2. respondent no. 1 in the present case is the life insurance corporation _of india constituted under the life insurance corporation act, 1956 (hereinafter referred to as the act of 1956) and has the monopoly of doing life insurance business in the country. appellant no. 1 is a class iii employee and appellant no ..... . 2 is a class iv employee of respondent no. 1. on january 29, 1965, an agreement was entered into between the all india insurance ..... summarily rejected. the learned judge observed:.i am not impressed by this contention on behalf of the respondents. the life insurance corporation of india is a statutory authority, and if this authority acts in excess of the powers conferred upon it by statute, this court undoubtedly has jurisdiction to interfere and grant .....

H.S. Chauhan and ors. Vs. Life Insurance Corporation of India and ors.

Court : Rajasthan

Reported in : 1982WLN321

..... of 43 writ petitions (as per schedule a) filed by the development officers of the life insurance corporation of india. the life insurance corporation of india was established under the life insurance corporation act, 1956 (here in after referred to as 'the act') with effect from 1st september, 1956; due to historical nationalisation wave.9. the life insurance corporation (here in after l i c ) introduced a self-contained code of work-norms in ..... with the above position pointed out that there is a super nuclear umbrella provided in act of 1981 this act no. 1 of reads as under:the life insurance corporation (amendment)act, 1981no. 1 of 1981(17th, march, 1981) an act further to amend the life insurance corporation act, 1956.whereas for securing the interests of the life insurance corporation of india and its policy holders and to control the cost of administration, it .....

Sukhdev Singh, Oil and Natural Gas Commission, Life Insurance Corporat ...

Court : Supreme Court of India

Reported in : AIR1975SC1331; [1975(30)FLR283]; 1975LabIC881; (1975)ILLJ399SC; (1975)1SCC421; [1975]3SCR619

..... that body. both stand on the same footing as both derive their authority one from the companies act and the other from the act which creates that body, for instance in the case of the life insurance corporation from the life insurance corporation act, 1956. the fact that a corporation like the life insurance corporation is created by the statute itself and a company conies into existence in accordance with the provisions of ..... the regulation shall have effect accordingly but without prejudice to the exercise of the powers of the commission under sub-section (1) of section 32.132. the life insurance corporation was established by the life insurance corporation act, 1956. under section 49 of the act the corporation may, with the previous approval of the central government, by notification in the gazette of india, make regulations not inconsistent with the .....

Sunil Kumar Mukherjee Vs. Zonal Manager, Eastern Zone, Life Insurance ...

Court : Kolkata

Reported in : AIR1962Cal75

..... act, all employees of insurers became employees of the corporation. on or about the 25th july, 1957 the life insurance corporation issued a letter to the petitioner a copy whereof is exhibit 'e ..... same. it came into operation on january 19, 1956. from that date, all life insurance business in india became a 'controlled business' vested in the central government. this ordinance was eventually repealed on the 21st march, 1956 by the promulgation of the life insurance corporation act (act 31 of 1956). on the 1st september, 1956 the life insurance corporation of india was established and under section .11 of the said .....

Tushar Gajanan Savlajkar and Others Vs. Life Insurance Corporation of ...

Court : Mumbai

..... scheme for engaging services of senior marketing executives on contract basis. the scheme was called as life insurance corporation of india, senior ..... to continue in the service of respondent-corporation as permanent employees on the basis of engagement orders issued to them by the respondent-corporation. 4. the facts lie in a narrow compass: the respondent-life insurance corporation (lic) is a body constituted under the life insurance corporation act, 1956. the respondent had framed a ..... from time to time. 18. to signify the acceptance of the terms and conditions of your engagement as senior marketing executive in life insurance corporation of india, you are required to append your signature on the undertaking given below and get it properly witnessed. duplicate copy of .....

Hirendra Nath Bakshi Vs. Life Insurance Corporation of India and ors.

Court : Kolkata

Reported in : AIR1976Cal88

..... officer has the legal warrant. the relevant provisions for inquiry are contained in regulation 39 of the (staff) regulations 1960 of the life insurance corporation of india framed under section 49 of the life insurance corporation act. sub-regulation (1) of regulation 39 provides for penalties (a) to (g) mentioned therein and penalty (g) is dismissal with ..... this document and/or examine any witness, i, in the exercise of the powers conferred upon me in terms of special regulation 39 of the life insurance corporation of india (staff) regulations, 1960 hereby direct n. guha the inquiry officer to make further inquiries and submit his further report in that behalf.' ..... the petitioner are as follows :2. the petitioner at the material time was working as the assistant branch manager (development) of the life insurance corporation of india (hereinafter referred to as the corporation) attached to the city branch no. 2. by an order dated march 14, 1969 the petitioner was placed under suspension by .....

The Industrial Finance Corporation of India Vs. Delhi Administration a ...

Court : Delhi

Reported in : [1973(27)FLR207]; ILR1973Delhi29; 1974LabIC223

..... , thereforee constitutes 'the state' as contemplated by article 12. the two high courts thus took different views on the scope and effect of the provisions of the life insurance corporation act. we are not concerned with the said act in the present case, and we need not, thereforee, express our agreement or disagreement with either of the said views. it is sufficient for the purposes ..... the view of the bombay high court and held that the life insurance corporation of india has been established by the life insurance corporation act, 1956, that the corporation consists of persons nominated by the central government, that the original capital of the corporation was supplied by the central government, that the function of the corporation is to develop life insurance business to the best of advantage of the community, that the .....

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 .....

Rameshwarlal and ors. Vs. Rajasthan State Road Transport Corporation a ...

Court : Rajasthan

Reported in : 1972WLN553

..... duty in the discharge of which the public was interested. moreover, as the funds out of which they were paid belonged to the corporations as provided in section 27 of the road transport corporation act, 1950 and section 24 of the life insurance corporation act, 1956, the petitioners were not paid out of any public fund. the petitioners did not hold any public office.27. the next ..... appeals was considered by their lordships, and the common question before them was about the validity of the orders passed by the corporation terminating the services of its employees. then lordships examined the provisions of section 11(2) of the life insurance corporation act 1956, and held that the provisions of the order which was made by the central government under the section was a .....