Judgment Search Results Home > Cases Phrase: life insurance corporation act 1956 chapter 7 miscellaneous Page 93 of about 29,890 results (1.263 seconds)

S.S. Sohrab and ors. Vs. Syndicate Bank and anr.

Court : Karnataka

..... a contracting party finds it prudent to abide by the terms of the contract. by such a test no contract could ever have a binding force.11. in life insurance corporation of india v. escorts limited and ors. : 1986(8)ecc189 , the apex court has held as under:if the action of the state is related to ..... to the writ petition in the condition in which they were seized.2. petitioners contend that the central government enacted an act called 'road transport corporation act, 1950' permitting each and every state within the union of india to constitute a corporation family to cater to the needs of travelling public. in furtherance of the object of the aforesaid ..... the respondents to consider the representations in the light of the observations made therein. petitioners contend that the 1st respondent being a nationalised bank was obliged to act fairly and permit the petitioners to ply the buses and repay the 1st respondent. in the meantime, the 1st respondent had seized the buses of the petitioners .....

Andrew Yule and Company Limited Vs. Descon Limited and anr.

Court : Kolkata

Reported in : [2009]147CompCas434(Cal)

..... p. gaekwad v. shantadevi p. gaekwad : air2005sc809 .117. on behalf of respondent no. 2/pro forma defendant, dpsc, reliance has been placed on the following decision:life insurance corporation of india v. escorts ltd. : 1986(8)ecc189 .118. after going through the impugned judgment of the hon'ble first court, we find that except for gaekwad's ..... the plaintiff/petitioner stating, inter alia, that the department of company affairs, government of india while carrying out inspection under section 209a of the companies act, 1956 has questioned the justification and proprietary of the said issue of shares in favour of the plaintiff/petitioner by stating:thus, the issue of shares ..... of the shareholders of descon in its extraordinary general meeting held on june 9, 2006. under the provisions of section 81(1a) of the companies act, 1956 the shareholders' mandate expressed through a special resolution held in a properly convened meeting would, under normal circumstances, the sole determinant for such a .....

Raja Ram Corn Products (Punjab) Ltd. Vs. Company Law Board

Court : Punjab and Haryana

Reported in : [2003]113CompCas33(P& H); [2003]45SCL190(Punj& Har)

..... arguing that such a condition is totally unwarranted. he relied on the judgment of the constitution bench of the supreme court in dr. a. lakshmunaswami mudaliar v. life insurance corporation of india [1963] 33 comp cas 420 ; air 1963 sc 1185 and argued that the direction given by respondent no. 1 for adding the amount of ..... the non obstante clause contained in proviso to section 80a(1)(b) of the act, provision contained in that section will override the articles of association of the company.12. the decision of the supreme court in dr. a. lakshmanaswami mudaliar v. life insurance corporation of india [1963] 33 comp cas 420; air 1963 sc 1185 does not ..... m. ct. m. chidambaram chettiar memorial trust had challenged the decision of the life insurance corporation of india to call upon the trust to refund rs. 2 lakhs received by it from the united india life assurance company by way of donation. the life insurance tribunal directed the appellant to pay the amount of rs. 2 lakhs. while upholding .....

Bernard D'Mello Vs. Industrial Finance Corporation Limited and Ors.

Court : Delhi

Reported in : 112(2004)DLT500; 2004(75)DRJ713; 2005(3)SLJ231(Delhi)

..... 31.71% of ifci shares held as on march 31, 2003* bank of india - 17.48% of ifci shares held as on march 31, 2003.* life insurance corporation of india (lic), general insurance corporation of india (gic), and subsidiaries - 7.02% of ifci shares held as on march 31, 2003.* nationalized banks - 2.1% of ifci shares held as ..... argue that ifci is amenable to the jurisdiction of this court under art.226. as argued in my earlier affidavit, that while ifci is a corporation under the companies act, it is important to note that as of march 31, 2003, it is majority owned and controlled by government owned and controlled banks and ..... management and allied techniques to entrepreneurs and technologists entering industry with a view to ensuring proper selection, implementation and operation of industrial projects and generally to do all acts and undertake all activities, necessary, conducive, incidental, or ancillary to attain the above mentioned objects....' 2.(a) rule 14 (p9) of the memorandum of .....

Bijay Kumar Agarwal and ors. Vs. Ratan Lal Bagaria and ors.

Court : Kolkata

Reported in : AIR1999Cal106

..... court sitting in hearing an application under section 41 of the arbitration act cannot be able to lift corporate veil to find out who is the person behind it. in support of the contention mr. sen cited a judgment reported in : 1986(8)ecc189 . life insurance corporation of india v. escort limited and relied upon head note 'f' ..... therein to establish their stand on the point of lifting of corporate veil. i found from the head note 'f' that the supreme court observed thatgenerally and broadly ..... public interest, the effect on parties who may be affected etc.20. therefore, although it is broadly speaking that the lifting of corporate veil will be available in the statute like companies act. other financial and taxing statute etc. but admittedly one cannot rule out the applicability of the principle elsewhere if the situations are .....

West Bengal Small Industries Development Corporation Limited Vs. Offic ...

Court : Kolkata

Reported in : (2006)3CALLT466(HC),[2006]133CompCas717(Cal),(2006)204CTR(Cal)125,[2006]284ITR42(Cal),[2006]72SCL301(Cal)

..... or otherwise encumber the leasehold interest in the demised premises, namely, land, sheds, fittings, fixtures and structures etc. to the life insurance corporation of india and any bank or financial corporation for raising and/or securing any loan and overdraft and other financial accommodations in connection with the business of the lessee carried on ..... the said company.(c) after the order of winding up was passed, the west bengal small industries development corporation [hereinafter referred to as (wbsidc)] filed an application under section 535 of the companies act, 1956 thereby praying for a direction upon the official liquidator to hand over vacant possession of the leasehold ..... chowdhury tried to impress us that the tenancy of the company in liquidation is governed by the provisions contained in west bengal government premises (tenancy regulation) act, 1976 and as such, the terms of the lease have become inconsequential, we are not at all impressed by such submission because the grant in .....

Electronics Corporation of India Limited Vs. State of Andhra Pradesh R ...

Court : Andhra Pradesh

..... knowledge about its general enactment while making the subsequent special enactment and it expected the special enactment to prevail over the earlier general enactment. dealing with section 41 of the life insurance corporation act which provided that no civil court shall have jurisdiction to entertain or adjudicate upon any matter which a tribunal is empowered to decide or determine under the said ..... supreme court considered the same as a special provision having the effect to overwrite section 446 of the companies act which is an act relating to companies in general (damji valji shah and another v. life insurance corporation of india and others (1965(3) scr 665 at 673 : air 1966 sc 135).therefore, the principle which has been set at rest was that a special .....

Corporation of Calcutta Vs. East India Commercial Company Pvt. Ltd.

Court : Kolkata

Reported in : AIR1982Cal479,86CWN926

..... .14. the principles enunciated in the case of padma debi : [1962]3scr49 was reaffirmed by the supreme court in the case of corporation of calcutta v. life insurance corporation, : [1971]1scr249 where however, the assessment was being made under section 168 (i) of the calcutta municipal act. 1951, now under consideration. in reaffirming the principle earlier laid down the supreme court overruled the contention of ..... down in padma debi's case : [1962]3scr49 which was reaffirmed in the case of life insurance corporation.19. in our view it would be necessary to refer to the material provisions of the delhi rent control act, 1958, and the andhra pradesh buildings (lease, rent and eviction) control act, 1960, in the light of the provisions whereof the supreme court held that the measure .....

Capital One Financial Corporation Vs. Capital One Private Ltd. and ors ...

Court : Kolkata

Reported in : (2004)3CALLT450(HC)

..... india through its subsidiary capital one services inc.; at present it operates from bangalore. negotiation started by the plaintiff to establish business relationship with the life insurance corporation of india was widely reported in indian newspapers. the business standard and the economic times in their may 15th, 2003 issue reported such news. activities ..... regarding passing off.27. mr. sarkar submits that the plaintiff is not required to seek remedy under section 22 of the companies act. 1956 for misappropriation of its corporate name by the defendants. section 9 of the code of civil procedure, 1908 is the primary remedy in a passing off action; ..... in this application are as follows:'a) interim order of injunction restraining the respondents, their agents, assigns employees, servants, dealers, retailers and all persons acting on their behalf or under them from passing off their goods and/or service and/or business by marketing, selling, advertising, or otherwise dealing in goods .....

Food Corporation of India Vs. Laxmi Narain

Court : Delhi

Reported in : 2001(58)DRJ2

..... limited company are not the employee of central or the state government. 31. in ram babu rathaur vs . divisional manager, life insurance corporation of india and others : air1961all502 the court held that the life insurance corporation of india not being a department of government but an autonomous body, the provisions of article 311 of the constitution of india ..... tenure, they were released from service and, thereafter, they were re-employed by the food corporation of india (for short hereinafter referred to as fci). the fci is a body created under a statute, namely, the food corporation act, 1964 and the service under the fci is governed by the staff regulations and other policy ..... government cannot by analogy be granted to the employees of fci. 9. learned counsel for the appellant has drawn our attention to section 12(3) of food corporation act,1964. the said section 12(3) reads as under:-'(3) the methods of appointment, the conditions of service and the scales of pay of the officers .....