Judgment Search Results Home > Cases Phrase: life insurance corporation act 1956 chapter 7 miscellaneous Page 27 of about 29,890 results (0.277 seconds)

Times Guarantee Ltd. Vs. Branch Manager, Industrial Development Bank o ...

Court : Chennai

Reported in : [2006]134CompCas237(Mad); (2007)1CompLJ261(Mad)

..... tribunal under the rdb act, are all decided by the supreme court against the petitioner at paragraph no. 30 of the judgment in the case of allahabad bank v. canara bank 2000 101 comp cas 64 : air 2000 sc 1535, wherein after referring the earlier case of the supreme court in damji valji shah v. life insurance corporation of india , ..... liquidator was a party. therefore, the writ petition cannot be sustainable. useful reference can be had to the judgment of the supreme court in the case of rajasthan financial corporation v. official liquidator and of the division bench of this court in asset reconstruction company (india) ltd. v. official liquidator 2006 134 comp cas 267 (mad) infra ..... the auction sale as they are also purchasing litigation. in such case the object of the debt recovery act as adumbrated by the supreme court in canara bank case [2000] 101 comp cas 64 : air 2000 sc 1535 and rajasthan financial corporation case would be defeated. in this case, for recovery of a sum of rs. 4,27,12 .....

Frick India Private Ltd. Vs. Vijay Bahadur Singh and Another

Court : Punjab and Haryana

Reported in : (1999)123PLR814

..... in the instant case because in the said case there were statutory provisions contained in the life insurance corporation (amendment) act, 1981, which came up into force on january 31, 1981 under sub-section (2-a) of section 48 of the life insurance corporation act, 1956. the regulations which were already in force immediately before the commencement of the amendment ..... force on january 31, 1981 provided that under sub-section (2-a) of section 48 of the life insurance corporation act, 1956, the regulations which were already in force immediately before the commencement of the amendment act shall be deemed to be rules made by the central government and they shall be deemed to have ..... act, it was held, shall be deemed to be rules made by the central government and they shall be .....

Commissioner of Income-tax Vs. New India Industries Ltd.

Court : Gujarat

Reported in : (1992)106CTR(Guj)374; [1993]201ITR208(Guj)

..... of india, established under the industrial development bank of india act, 1964 (19 of 1964); (c) the madras industrial and investment corporation of india ltd. ; (d) the re-finance corporation for industry ltd. : (e) the life insurance corporation of india established under the life insurance corporation act, 1956 (31 of 1956).' going through the provisions of ..... government or the industrial finance corporation of indian or the industrial credit and investment corporation of india ltd. or any banking institution or any person in a country outside india or any one the following financial institutions, namely :- (a) a state financial corporation established under the state financial corporations act, 1951 (63 of 1951); ..... and gains from business were very different from income from property.' this very view is reiterated by the supreme court in the case of s. g. mercantile corporation p. ltd. v. cit : [1972]83itr700(sc) . in the case of cit v. national storage pvt. ltd. : [1967]66itr596(sc) .....

Mahavir Coke Industries Vs. Commissioner of Taxes and ors.

Court : Guwahati

..... referred to as an authority in addition to the aforesaid judgment. para 11 is quoted below :'11. the question however remains to be answered, does the life insurance corporation act, 1956 as amended in 1981 state any policy to guide the rule-making authority. we have earlier referred to the observations of mukerjea, j., in the ..... 1954 sc 465, offering sufficient guidance to the central government in exercising its powers under that act. we have referred to section 48(3) of the life insurance corporation act which requires that every rule made by the central government under this act shall be laid before each house of parliament and that if both houses agree in making ..... government in exercising its powers under section 3. in the instant case the policy as stated in the preamble of the amendment act is that 'for securing the interests of the life insurance corporation of india and its policy-holders and to control the cost of administration, it is necessary that revision of the terms and .....

A.P. Oil Millers Association and ors. Vs. Union of India (Uoi) and ors ...

Court : Andhra Pradesh

Reported in : 1992(2)ALT135

..... taken into account in judging the reasonableness of the provision of law also. finding that the life insurance corporation (modification of settlement) act, 1976 was the result of a proposal made by the government which 'instead of proceeding under section 11(2) of the life insurance corporation act, chose to make an act of parliament protected by emergency provisions,' the learned chief justice held:'that the prospects held out ..... the salary not exceeding rs. 500/- per month. thereafter, there was a settlement in july 1959 between the employees and the corporation providing for payment of cash bonus. in july, 1960 regulations were framed under section 49 of the life insurance corporation act regulating the conditions of service of employees. regulation 58 provided for payment of non-profit sharing bonus to the employees. thereafter, settlements .....

Commissioner of Income-tax Vs. Pioneer Engineering Syndicate

Court : Chennai

Reported in : [1989]175ITR93(Mad)

..... invited by learned counsel for the assessee to the decision of the bombay high court in life insurance corporation of india v. cit : [1979]119itr900(bom) . that was a case in which the life insurance corporation, in whom the assets and liabilities of all the insurers had vested statutorily by the life insurance corporation act, 1956, was required by the statute to make payments of compensation annually for a period of ..... 10 years in the case of chief agents and by a lump sum in the case of special agents. the chief agents and the special agents were appointed by the insurers .....

General Manager, Telecom., Bsnl Vs. Krishnan

Court : Kerala

Reported in : AIR2003Ker152; 2003(3)CTC37; 2003(1)KLT817

..... appellants.24. mr. mathai then placed reliance on the decision in the life insurance corporation of india v. d.j. bahadur and ors.,(air 1980 s.c. 2181). in this case, the provisions of the life insurance corporation act, 1956 and the industrial disputes act, 1947 were examined. keeping in view the factual position, their lordships ..... had observed that the provisions of a general 'act cannot subvert, supplant or substitute the special legislation...' it is undoubtedly so. but the 1986 act does not in any way subvert the 1885 act. the ..... .22. mr. mathai referred to the decision of their lordships of the supreme court in transport corporation v. consumer protection council (air 1995 sc 1384) to contend that the provisions of 1986 act embody the general provisions.23. we have examined the decision. their lordships were considering the question .....

Mudiam Oil Co. and ors. Vs. Income-tax Officer and ors.

Court : Andhra Pradesh

Reported in : [1973]92ITR519(AP)

..... 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 .....

State Bank Staff Union Madras Circle Rep. by Its General Secretary, V. ...

Court : Chennai

Reported in : (2001)ILLJ846Mad

..... that a settlement entered into under the provisions of the industrial disputes act remains operative till it is replaced by a fresh settlement, and that the industrial disputes act, in relation to the life insurance corporation act, is a special law. the court held that the amendments made to the staff regulations by the life insurance corporation were made for the purpose of nullifying any further claim to annual ..... cash bonus under a binding settlement entered into under the industrial disputes act, and that such modification by a statutory order under the provisions of the life insurance corporation act could .....

Attar Singh Gurmukh Singh Vs. Income-tax Officer

Court : Punjab and Haryana

Reported in : [1982]136ITR589(P& H)

..... 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 .....