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Life Insurance Corporation Act 1956 Section 43 Application of the Insurance Act - Year 2002 - Judgments | SooperKanoon Skip to content


Judgment Search Results Home > Cases Phrase: life insurance corporation act 1956 section 43 application of the insurance act Year: 2002 Page 1 of about 152 results (0.465 seconds)

Sep 19 2002 (HC)

Uttam Parkash Bansal and ors. Vs. Life Insurance Corporation of India ...

Court : Delhi

Decided on : Sep-19-2002

Reported in : 100(2002)DLT497

S.B. Sinha, C.J.1. This writ petition is directed against a judgment and order dated 19th November, 1983 passed by Mr. S.P. Singh, Additional District Judge/ Appellate Authority under the Public Premises (Eviction of Unauthorised Occupants) Act, 1971 (hereinafter referred to for the sake of brevity as the 'said Act') in P.P. A. No.(s) 21/82 and 22/82, whereby and where under the appeals filed by the writ petitioners herein purported to be in terms of Section 9 thereof arising out of an order dated 8th September, 1980 passed by Estate Officer, Life Insurance Corporation of India, in case No. 13/77 were dismissed.2. The basic fact of the matter is not in dispute.A mezzanine floor of the premises in question was left out by M/s. Tropical Insurance Company in favor of one Uttam Prakash Bansal in the year 1950. He entered into a partnership with one Deen Dayal Kaushik. In the premises in question office of the firm was opened.3. According to the petitioners herein rent used to be paid by bo...

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Feb 14 2002 (HC)

In Re: U.P. Cement Corporation Ltd. (In Liquidation)

Court : Allahabad

Decided on : Feb-14-2002

Reported in : [2002]112CompCas562(All)

..... does not propose to press section 466 in support of his application and that it should be treated an application to assist the official liquidator in disposal of assets under section 457 of the companies act, 1956. before the court considered the merits of the application (a-30) filed by the state government in the aforesaid background, it is necessary to consider the objection of the allahabad bank. 33. allahabad bank is a secured creditor and that all the assets of the corporation, have been mortgaged and hypothecated with ..... company (in liq.) and that the sale proceeds receive therefrom are liable to be adjusted towards the dues of the state bank of india. it is submitted in the application that the state bank of india along with the industrial development bank of india, industrial finance corporation of india, industrial credit and investment corporation of india ltd., life insurance corporation of india ltd. and allahabad bank granted a term of rs. 4700 lacs in a consortium of the company (in liq.). share of each member of the consortium ..... have received an offer which complies with the requirements of the committee for sale, with intentions to avoid further delay for sale of the assets of the company (in liq.). 43. i have already disposed of the objections of allahabad bank, state bank of india to the application of the state government in the preceding part of this order. two more objections have been received first by bharatpur nutritional products limited (formerly known .....

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Jan 16 2002 (HC)

B.K. Vadiraja and anr. Vs. the Managing Director, L.i.C. of India, Mum ...

Court : Karnataka

Decided on : Jan-16-2002

Reported in : AIR2002Kant113; ILR2002KAR1400; 2002(2)KarLJ213

ORDERH.L. Dattu, J.1. Petitioners are agents of the Life Insurance Corporation of India ('Corporation' for short). They are calling in question the notices issued by the respondent-Corporation invoking their powers under Regulation 17(1) of the Life Insurance Corporation of India (Agents) Regulations, 1972 ('Regulations' for short).2. Brief facts are:First petitioner is working as agent in the respondent-Corporation right from the year 1983. He got married to one Smt. B.S. Girija on 16-4-1992, who is a regular employee of the respondent-Corporation. Prior to the marriage, first petitioner requested the respondent-Corporation to give him permission to marry an employee of the Corporation, and had further requested to permit him to continue to be the agent of the respondent- Corporation. The request made by the petitioner had not been replied by the respondent-Corporation one way or the other.3. Second petitioner is also working as an agent of the respondent-Corporation right from the ye...

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May 20 2002 (HC)

Hanumanmal Surana and ors. Vs. Union of India (Uoi) and ors.

Court : Kolkata

Decided on : May-20-2002

Reported in : (2003)1CALLT463(HC)

A. Lala, J.1. This writ petition is made by one Shri Hanumanmal Surana and four others being heirs of one Joychandmal Suraria, since deceased, heirs and representatives of one Tolaram Surana since deceased one of the sons of Joychandmal Surana also since deceased being petitioner Nos. 6A to 6D. They have made their respective grievances as against 1, 4 and 5 theSecretary, Ministry of Defence and others and respondent Nos. 2 and 3, Life Insurance Corporation of India and another. From the nature of the grievances I find that the actual relief sought for by way of writ of mandamus against such respondent Nos. 2 and 3 for taking possession of the respective plot of land from 1, 4 and 5 to transfer the plot to the petitioners by executing necessary conveyance after accepting the balance consideration and deliver peaceful vacant possession thereof to them.2. From the very inception of final hearing before this Court a question cropped up as to whether such relief can be granted by the writ ...

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Aug 21 2002 (HC)

National Remote Sensing Agency Represented by Its Director Vs. the Add ...

Court : Andhra Pradesh

Decided on : Aug-21-2002

Reported in : 2002(5)ALD211; 2002(4)ALT788; [2002(95)FLR786]; (2002)IIILLJ741AP

..... act, 1952 (19 of 1952), or the life insurance corporation of india established under section 3 of the life insurance corporation act, 1956 (31 of 1956) of the oil and natural gas corporation limited registered under the companies act, 1956 (1 of 1956) or the deposit insurance and credit guarantee corporation established under section 3 of the deposit insurance and credit guarantee corporation act, 1961 (47 of 1961), or the central warehousing corporations act, 1962 (58 of 1962) or the unit trust of india established under section 3 of the unit trust of india act, 1963 (52 of 1963), or the food corporation of india established under section 3, or a board of management established for two or more contiguous states under section 16 of the food corporations act ..... activities, viz., acquisition, processing, generation and dissemination of satellite and aerial data products, analysis and interpretation of remotely sensed data for resource management/environmental applications and training of users in various remote sensing and related fields as well as research and development activities............ around 1,179 satellite data products were ..... order and repression of crime etc., which are among the primary and inalienable functions of a constitutional government, the state cannot claim any immunity.' 43. the supreme court further observed that the 'acts such as defence of the country, raising armed forces and maintaining it, making peace or war, foreign affairs, power to acquire and retain .....

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Mar 20 2002 (HC)

K. Narayana Mayya Vs. Union of India (Uoi) and anr.

Court : Karnataka

Decided on : Mar-20-2002

Reported in : 2002(4)KarLJ369

ORDERR. Gururajan, J.1. The petitioner, a party-in-person is questioning Rule 9(1) of the Notification dated 18-7-1996 styled as 'Life Insurance Corporation of India Class I Officers' (Revision of Terms and Conditions of Service) (Amendment) Rules, 1996', vide Annexure-A. The petitioner is also questioning Instruction 11 of the 'Life Insurance Corporation of India Class I Officers' (Revision of Terms and Conditions of Service) Instructions, 1996', vide Annexure-B, insofar as it relates to the fixation of date as 1-8-1994 for payment of gratuity as violative of Article 14 of the Constitution of India. The petitioner is also seeking for a direction to recalculate the gratuity payable to the petitioner on the basis of such rules and pay as per 1996 pay scale rules.2. The petitioner entered the service of the Life Insurance Corporation of India as an Assistant on 23-5-1958. He became an officer on 29-10-1966 in the cadre of Assistant Administrative Officer and thereafter he was designated ...

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Oct 23 2002 (HC)

United India Insurance Co. Ltd. and anr. Vs. Rajinder Pal Sood

Court : Punjab and Haryana

Decided on : Oct-23-2002

Reported in : 2004ACJ1301; (2003)133PLR643

M.L. Singhal, J.1. This regular second appeal has been filed by United India Insurance Co. Ltd. against the judgment and decree dated 26.8.1999 of Additional District Judge, Ludhiana reversing that of Additional Civil Judge (Senior Division), Khanna dated 12.12.1997 and resultantly decreeing the respondent-plaintiffs suit for the recovery of Rs.67,860/- i.e., Rs.58,000/- payable under the Insurance policy and Rs.98607- on account of interest for the period 12.3.1992 to 11.8.1993 @ 12% per annum.2. Facts: Plaintiff Rajinder Pal Sood filed suit for the recovery of Rs.67860/- i.e. Rs.58,000/- payable under the insurance policy and Rs.9860/- as interest for the period 12.3.1992 to 11.8.1993 @ 12% p.a. on the basis of Hospitalisation, and Domiciliary Benefit Hospitalisation Insurance Policy dated 21.8.1991, on the allegations, that on 21.8.1991, he was at his old residence at Khanna where duly constituted attorney of the United India Insurance Co. Ltd. approached him with a view to securing...

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May 28 2002 (HC)

P.K. Prathapan Vs. Dale and Carrington Investments (P.) Ltd.

Court : Kerala

Decided on : May-28-2002

Reported in : [2002]111CompCas425(Ker)

Koshy, J. 1. All these three appeals are filed under Section 10F of the Companies Act, 1956 ('the Act') against the common order passed by the Company Law Board, Principal Bench, Chennai in C.P. Nos. 13 of 1999 and 65 of 1999 under Sections 111, 397 and 398 of the Act and in the matter of Dale and Carrington Investments (P.) Ltd. ('the Company'). Since M.F.A. No. 284 of 2001 was the earliest appeal filed against the above order, for convenience sake appellants in that appeal are referred to as 'Appellants' in this judgment. First respondent in that appeal is the company itself and second respondent is the Managing Director of the company. He is referred to as the Managing Director throughout this judgment. C.P. No. 13 of 1999 was filed under Section 111 by the Company for rectification of the register of members of the Company in respect of 500 equity shares mentioned in the petition deleting the name of the appellants herein. C.P. No. 65 of 1999 was filed under Sections 397 and 398 by...

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Oct 31 2002 (HC)

The Bank of Nova Scotia Vs. Rpg Transmission Limited

Court : Delhi

Decided on : Oct-31-2002

Reported in : I(2003)BC270; [2003]114CompCas764(Delhi); 101(2002)DLT154; 2003(66)DRJ24; [2003]42SCL69(Delhi)

Vikramajit Sen, J.1. Two questions arise for consideration. Firstly, whether the Power of Attorney executed in favor of the person who has signed the petition conforms with the requirements of law and if found not to be so, what are the proper and appropriate orders that should be passed. Secondly, whether the Company Court should entertain a winding-up petition despite the fact that the petitioning creditor has already instituted proceedings under the Recovery of Debts due to Banks and Financial Institutions Act, 1993 (hereinafter referred to as 'the RDB Act').(A) Power of Attorney issue.2. In this context, Mr. Rajiv Nayar, learned Senior counsel appearing on behalf of the respondent has contended that the document had not been sufficiently stamped. It has, however, been shown that the Power of Attorney in favor of Mr. David A. Tait has been adjudicated for payment of Stamp Duty of Rs. 110/- which has been deposited in the office of the Collector of Stamps, New Delhi. The objection, t...

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Mar 15 2002 (HC)

Shyam Lal Soni Vs. J.D.A. and ors.

Court : Rajasthan

Decided on : Mar-15-2002

Reported in : RLW2003(1)Raj171; 2002(5)WLC455

Madan, J.1. The petitioner as per his case was engaged as Electrical Supervisor on work charge basis by Jaipur Development Authority (for short 'the Authority' of JDA) (respondent) with effect from 1.12.1983. His work was discontinued after some time as it was a case of contractual appointment for a fixed period and he worked on the said post upto February, 1984. Thereafter in January, 1985 he was again engaged on muster roll basis and he worked as such for the period January, 1985, February, 1985, March, 1985 and May 1985 only. Thereafter he was time and again engaged by the respondent Authority for a few days as and when required. Thereafter on 27.7.1987 by an order passed by the Executive Engineer of the Authority, it was directed that the petitioner should not be engaged on muster roll basis as he has been working with the Authority for some time and from date of issuance of the aforesaid order, no functionary of the Authority shall henceforth be authorised to give appointment afre...

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