Court : Allahabad
Reported in : [2004]122CompCas854(All); (2004)2CompLJ105(All)
..... para 4.03 (ii) of the scheme which provides that upon the merger authorised share capital of jpi shall stand combined with the authorised share capital of jpc. according to the regional director, this amounts to increase of the authorised capital of jpc, which cannot be done without paying the requisite fee/ stamp duty to the ..... all arrangements had already been made for holding of the meetings ; therefore, it was not considered desirable, in the larger interest of shareholders and creditors who planned to attend the meetings, to adjourn the meetings. since no interest of hbsl was likely to be prejudiced by mere holding of the meetings, therefore, the ..... compliance of the court's order dated 9.4.2003 by service of this petition upon the official liquidator and the central government, i.e., the regional director, northern region, department of company affairs, and advertisement in the newspapers pioneer (english) and dainik jagaran (hindi) both published from lucknow ; and economic times and .....
Tag this Judgment!Court : Allahabad
Reported in : 2004(2)AWC959
..... of the company and that the workmen had not challenged the statement. he submits that a common pool of finances was maintained in the head office and that the capital expenses were incurred by the head office for the unit from year to year. the total investment made by the company in the allahabad unit from 1976-77 ..... added back to the profits ; and(d) rs. 20 lakhs which was paid to universal tyres ltd. in terms of leave and licence should have been taken as capital expenditure and not as revenue expenditure. 13. the tribunal did not accept the submission of the employers that there was a common pool in the head office from where ..... sweeper and maintenance department in the factory. it had licence to manufacture 20 lakhs tyres and 20 lakhs tubes per year. the petitioner no. 1 company provided working capital to the establishment.9. the allahabad unit of the company filed applications for permission to lay off enclosing balance sheets and profit and loss accounts of the establishment. the .....
Tag this Judgment!Court : Allahabad
Reported in : 2004(2)AWC1098; (2004)2UPLBEC1716
..... for being appointed as a teacher or not.9. the government of india in order to maintain the standards and planned growth of teacher training institutions in the country constituted the national council for teacher education, an expert body, in the year 1973. the main purpose was to advise the central ..... of an application from an institution under sub-section (1), and after obtaining from the recognised institution such other particulars as may be considered necessary, the regional committee shall : (a) if it is satisfied that such recognised institution has adequate financial resources, accommodation, library, qualified staff, laboratory, and that it ..... examination, whether provisional or otherwise, for a course or training conducted by a recognized institution unless the institution concerned has obtained recognition from the regional committee concerned, under section 14 of permission for a course or training under section 15. section 17 provides for withdrawal of recognition in the event .....
Tag this Judgment!Court : Allahabad
Reported in : [2006]129CompCas977(All); [2004]51SCL438(All)
..... the first party a public limited company would require rs. 15 crores for the period of three years from december, 1995 to december, 1998 to implement corporate plan of capital expenditure requirements.(2) whereas the second party - a public limited non-banking company have adequate funds to meet fully the above requirements during the period of december, ..... an affidavit of compliance once in three months. the gist of the scheme for repayment of deposits was directed to be published by the company in the national daily for general information of the depositors within ten days from the date of receipt of the order and the operative part of the order was communicated ..... p.a. payable with the last instalment.any depositor who has any objection to the scheme may submit written objection to the bench officer, company law board, northern region bench, 5th floor, shastri bhavan, new delhi with a copy to company on or before 15th april, 1999.'28. thereafter various dates were fixed by the company .....
Tag this Judgment!Court : Allahabad
Reported in : 2005(1)ESC526
..... with labour policy and programmes. the discussion of the problem in these two chapters shows that housing shortage can be conquered only by sustained and well-planned efforts made by the states and the industry together. it is a very big problem and involves the expenditure of a huge amount. efforts are being ..... workers' union is based on the principle of collective bargaining for resolving industrial disputes and for maintaining industrial peace. hon'ble supreme court in the case of national engineering industries ltd. v. state of rajasthan and ors., air 2000 sc 469, has taken aforementioned view, and has been held that reference made during ..... concerned, they are governed by certain service conditions, rules and regulations and parity could have taken only with these government industries which are situated in the region and engaged in similar activity. it has also been contended that industrial tribunal grossly violated principles of natural justice, inasmuch as, during the course of the .....
Tag this Judgment!Court : Allahabad
Reported in : (2004)IIILLJ324All; (2004)2UPLBEC1577
..... therein and for this purpose, nature of dominant, not mere incidental, duties and power conferred upon him, are the decisive factors, not his designation.18. in t.p. srivastava v. national tobacco co. of india ltd., (1992) 1 scc 281, the hon'ble supreme court examined the issue as to whether a salesman looking after sales promotion, publicity and advertisement of ..... from the government of india. the land and buildings in question in that matter were vested in and owned by the company. the government of india only owned the share capital.36. the apex court further placed reliance on its earlier judgment in rustom cavasjee cooper v. union of india, air 1970 sc 564, wherein it had been held that a .....
Tag this Judgment!Court : Allahabad
Reported in : [2004]120CompCas18(All); (2004)2CompLJ446(All); [2004]49SCL77(All)
..... on big scale advertisement and promotion activities which need to be controlled. certain recommendations were made by this committee which included the approval of project plan by the state forest departments; and the committee strongly recommended that the sebi should issue guidelines for the safety of such investors so that the ..... mentioned that the post-dated cheques had bounced and the company issued promissory notes in place of cheques. however, the company's account in punjab national bank from which the post-dated cheques were issued to the investors was closed. the deposits taken from the investors were diverted to sister companies free ..... board in accordance with the regulations :provided that any person sponsoring or causing to be sponsored, carrying or causing to be carried on any venture capital funds or collective investment scheme operating in the securities market immediately before the commencement of the securities laws (amendment) act, 1995 for which no certificate .....
Tag this Judgment!Court : Allahabad
Reported in : AIR2004All144
..... also observed :'to stay experimentation in things social and economic is a grave responsibility. denial of the right to experiment may be fraught with serious consequences to the nation.' (see also the legacy of holmes and brandeis' by samuel kanefsky).71. in neyveli lignite corporation ltd. v. commercial tax officer, (2001) 9 scc 648 ..... to the petitioners of continuing the vith pricing parameters till the notification dated 5-11-2001. it is alleged in para 24 that the petitioner company planned manufacture of urea from its unit on the basis of such policy parameters, relying on the retention prices finalized and notified by the government based on ..... not remain sacrosanct for ever but will be subject to periodical revision depending on the change of various relevant factors e.g. capacity utilization, consumption norms, capital addition etc. hence even if the impugned order dated 4-6-2002 is regarded retrospective, it is evident that the element of retrospective application is inbuilt .....
Tag this Judgment!Court : Allahabad
Reported in : AIR2003All360; III(2003)BC331; (2003)2UPLBEC1543
..... having been unequivocally accepted by the contractor, resulting in a contract valued at rs. 13,30,79,636.00 for supply of coal handling plant part-a package for national capital power project (dadri), stage-1 (4 x 210 mw) as per specification no. cc-6110-155-1 and the contractor having agreed to provide a contract performance ..... the contract to aluminium industries ltd. awarded by ntpc.the committee, having regard to the fact that the issue involved in the dispute would require an adjudication, permitted national thermal power corporation ltd., to file a civil suit restricting its claim to rs. 4.10 crores.'34. the dispute was in regard to reduction of value of ..... and 12 to the writ petition).2. briefly stated the facts giving rise to the present writ petition are as follows:the petitioner no. 1 is a unit of national thermal power corporation limited (petitioner no. 2), which is a government of india undertaking. they entered into a contract with one m/s aluminium industries limited situated .....
Tag this Judgment!Court : Allahabad
Reported in : AIR2004All33
..... settled by constitution bench judgment of supreme court beginning from j. y. kondala rao v. andhra pradesh state transport authority, air 1961 sc 82 in which the nationalization of route by partial conclusion of same among the same class of service under section 68-c was held to be saved by article 19(6)(ii) of ..... by notification dated 3 9-1994 only reasserted the fact that the state government always intended that the line of travel from bijnor to muzaffar nagar in meerut region has been the notified route. the scheme notified on nov. 5, 1977 notified bijnor-muzaffar nagar route. after modification the scheme described in column 4 the ..... .'), meerut, and partly within the jurisdiction of r.t.a., moradabad. there are 83 permit holders on meerut-bijnor route for operating stage carriages. another inter regional route namely muzaffarnagar-bijnor route is traversed by 38 permit holders of stage carriage operating private transport vehicles. a scheme was proposed under section 68-c of the motor .....
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