Judgment Search Results Home > Cases Phrase: national housing bank act 1987 section 36l term of office Court: uk supreme court Page 1 of about 206 results (0.153 seconds)

R. Venkatakrishnan Vs. Central Bureau of Investigation

Court : Supreme Court of India

Reported in : JT2009(10)SC597; 2009(11)SCALE102; (2009)11SCC737; [2009]96SCL143(SC)

..... is contended on behalf of the respondent that the routing of call money from the national housing bank to the account of the deceased shri harshad mehta who was a stock broker was contrary to the provision of the national housing bank act, 1987.160. ..... adequately deal with this leg of the submission we must notice the provisions of the national housing bank act, 1987 (the 1987 act). ..... gupta, chairman national housing bank, do hereby accord sanction under section 19(1)(c) of prevention of corruption act, 1988 for prosecution of the said ..... now that it has been established that the accused had the knowledge of the call money transaction which took place between the national housing bank and harshad mehta on the 6th april 2008, next we would have to consider the question as to whether the said transaction was illegal ..... informed him and others present at the meeting that the call money which had been borrowed from the national housing bank had in fact been arranged by harshad mehta for the purpose of carrying out his security transactions. ..... gupta, chairman national housing bank, being the authority competent to remove the said shri c.ravi kumar from office, after fully and carefully examining the materials and investigation report in regard to said allegations and circumstances of the case, consider that the said shri ..... in terms of section 14 the 1987 act, nhb could advance loans to `housing finance institutions' and `scheduled banks' or `slum authority' constituted under a central or state .....

Keshavlal Khemchand and Sons Pvt Ltd and Ors Vs. Union of India and Or ...

Court : Supreme Court of India

..... the national housing bank act, 1987 (no.53 of 1987) - ..... in the said circular as follows: **** **** **** **** **** **** **** **** from what is quoted above, it is quite evident that guidelines as laid down by reserve bank of india which are in more details but not necessary to be reproduced here, lay down the terms and conditions and circumstances in which the debt is to be classified as non-performing asset as clearly as possible. ..... . similarly, loans granted by housing finance creditors which are in turn regulated by the national housing bank are loans which are term loans for relatively longer ..... . it may not lay down any policy at all; it may declare its policy in vague and general terms; it may not set down any standard for the guidance of the executive; it may confer an arbitrary power on the executive to change or modify the policy laid down by it without reserving for ..... the legal structure of the creditors' organization, differences based upon the nature of the loan advanced by them, and differences based on the terms and conditions subject to which such loans or advances are made by each of those creditors, etc ..... would be defined as an advance where, as on the balance sheet date in respect of term loans, interest remains past due for a period of more than 180 days. ..... by one person to another under an agreement by which the recipient of the money agrees to repay the amount on such agreed terms with regard to the time of repayment and the liability to pay interest. .....

United States Vs. Marxen

Court : US Supreme Court

..... court of appeals, the following question, decisive of the controversy, [ footnote 2 ] was certified: "where, prior to the filing of a petition for and adjudication in bankruptcy of the maker of a promissory note payable to a bank, the federal housing administrator, under the provisions of the national housing act, insured the payee bank against the nonpayment of the note by its maker, upon which note the maker became in default more than sixty days prior to said filing and adjudication, and upon ..... demand of the insured bank made after the adjudication, the federal housing administrator paid to the bank its claim arising from such default, and procured an assignment to the united states of the claim of the insured bank against the ..... [ footnote 15 ] but this principle of construction is subject to the limitation that the generality of the language of the section is restricted by the purpose to grant priority to the united states only, and by legislative intention as shown by other statutes. ..... the administrator is authorized and empowered, upon such terms and conditions as he may prescribe, to insure banks . . . ..... the united states is entitled to priority: provided, that the term page 307 u. s. .....

Nedumpilli Finance Company Limited Vs. State Of Kerala .

Court : Supreme Court of India

..... loan advanced by the national bank for agriculture and rural development established under the national bank for agriculture and rural development act, 1981; (k) a loan advanced by the export import bank of india established under the export import bank of india act, 1981; (l) a loan advanced by the small industries development bank of india, established under the small industries development bank of india act, 1989; (m) a loan advanced by the national housing bank, constituted under the national housing bank act, 1987 ; (n) a loan ..... and includes any person appointed by him to be in charge of a branch office or branch offices or a liaison office or any other office by whatever name called, of his principal place of business and a pawn broker, but does not include (a) a bank or a co operative society; or (b) the life insurance corporation of india established under section 3 of the life insurance corporation act, 1956 (central act 31 of 1956); or (bb) the industrial credit and investment corporation of india limited ..... question as to whether non banking financial companies (for short nbfcs ) regulated by the reserve bank of india, in terms of the provisions of chapter iii b of the reserve bank of india act, 1934 (hereinafter referred to as rbi act ) could also be regulated by state enactments such as kerala money lenders act, 1958 (hereinafter referred to as kerala act ) and gujarat money lenders act, 2011 (hereinafter referred to as gujarat act ), has arisen for our consideration .....

Steel Authority of India Ltd. and ors. Etc. Etc. Vs. National Union Wa ...

Court : Supreme Court of India

Reported in : AIR2001SC3527; [2001(91)FLR182]; (2002)1GLR792; JT2001(7)SC268; 2001LabIC3656; (2001)IILLJ1087SC; 2001(5)SCALE626; (2001)7SCC1; 2001(4)SCT1(SC); (2002)1UPLBEC228; 2001DGLS(soft)1084:2001(111)CLR349

..... or (the national housing bank established under section 3 of the national housing bank act, 1987 (53 of 1987) or (the banking service commission established under section 3 of the banking service commission act, 1975) or (an air transport: service, or a banking or an insurance company), a mine, an oil field), (a cantonment board) or a major port, the central government; and(ii) in relation to any other industrial dispute, the state government: 23. ..... -skilled or un-skilled manual, supervisory, technical or clerical work for hire or reward, whether the terms of employment be express or implied but does not include any such person: a) who is employed mainly in a managerial or administrative capacity;b) who, being employed in a supervisory capacity draws wages exceeding five hundred rupees per mensem or exercises, either by the nature of the duties attached to the office or by reason of the powers vested in him, functions mainly of a managerial nature; orc) who ..... justice majmudar, in his concurring judgment, put it on the ground that when on the fulfilment of the requisite conditions, the contract labour is abolished under section 10(2), the intermediary contractor vanishes and along with him vanishes the term 'principal employer' and once the intermediary contractor goes the term 'principal' also goes with it; out of the tripartite contractual scenario only two parties remain, the beneficiaries of the abolition of the erstwhile contract labour system .....

Kalpana Mehta and Ors. Vs. U.O.I. and Ors.

Court : Supreme Court of India

..... national housing bank and others[26] ..... / departments, referred to the committee by the chairman or the speaker, as the case may be, and report thereon; (c) to consider the annual reports of the ministries/departments and report thereon; and (d) to consider national basic long term policy documents presented to the houses, if referred to the committee by the chairman or the speaker, as the case may be, and report thereon: provided that the standing committees shall not consider matters of day-to-day administration of the related ..... |15 | |committee on papers laid on the table|15 | |committee on petitions |15 | |committee on private members bills |15 | |and resolutions | | |committee on public accounts |22 | |committee on public undertakings |22 | |committee on subordinate legislation |15 | |committee on the welfare of scheduled|30 | |castes and scheduled tribes | | |house committee |12 | |joint committee on offices of profit |15 | |joint committee on salaries and |15 | |allowances of members of parliament | | |library committee |9 | |rules committee |15 | vi) apart from the above, there are various departmentally related standing committees under various ministries. 12. ..... where the speech made by the finance minister while introducing the exclusionary clause in section 2, clause (15) of the act was relied upon by the court for the purpose of ascertaining what was the reason for introducing that clause. 36 ..... in terms of their functions, standing committees may be classified into two .....

Hope Plantations Ltd. Vs. Taluk Land Board, Peermade and anr.

Court : Supreme Court of India

Reported in : JT1998(7)SC404; 1999(1)KLT331(SC); RLW1999(2)SC227; 1998(6)SCALE19; (1999)5SCC590; [1998]Supp2SCR514

..... the course of hearing, this court on july 15, 1985 passed the following order:'without prejudice to the rights and contentions of the parties, we direct that the cardamom board established under section 4 of the cardamom act, 1965, will appoint one of its senior expert officers to inspect the area of 924 acres said to be cardamom plantation who, after inspection, will submit a report to this court on the question of existence, extent of area and age ..... the court said that bar of res judicata, however, may not in terms be applicable as the decree passed on the basis of the award was in terms of the compromise and that the terms of section 11 of the code could not be strictly applicable to the same but the underlying principles of estoppel ..... salve's assertions based on the aforesaid decision of the house of lords may be valid to an extent but then in view of the principles of law laid by this court on the application of res judicata and estoppel and considering the provisions of section 11 of the code we do not think there is any scope to incorporate the exception to the rule of issue estoppel as given in arnold ..... national westminster bank ..... connection was made to a decision of english house of lords in arnold and others vs. ..... relied on the decision of the house of lords in arnold & ors. ..... the house then finally observed:'but there is room for the view that the underlying principles upon which estoppel is based, public policy and justice, have greater force in cause of action estoppel, the .....

National Housing Bank Vs. Bherudan Dugar Housing Finance Ltd. And Ors. ...

Court : Supreme Court of India

..... under section 200 of the code of criminal procedure, 1973, alleging the commission of an offence of violating the provisions in section 29a of the national housing bank act, 1987 (for short, the 1987 act ) ..... national housing bank appellant versus bherudan dugar housing ..... a reference made by a two-judge bench of this court for determination of the following questions by a larger bench: (a) whether for purposes of section 141 of the negotiable instruments act, 1881, it is sufficient if the substance of the allegation read as a whole fulfil the requirements of the said section and it is not necessary to specifically state in the complaint that the person accused was in charge of, or responsible for, the conduct of the ..... company, as well as the company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly: provided that nothing contained in this sub-section shall render any such person liable to any punishment provided in this act, if he proves that the offence was committed without his knowledge or that he had exercised all due diligence to prevent the commission of such offence. ..... has been committed with the consent or connivance of, or is attributable to any neglect on the part of any director, manager, secretary or other officer of the company, such director, manager, secretary or other officer shall also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly. ..... above terms. .....

M/S. Delhi International Airport Pvt. Ltd. Vs. Union of India, and ors ...

Court : Supreme Court of India

..... of management established for two or more contiguous states under section 16, of the food corporations act, 1964 (37 of 1964), or [the airports authority of india constituted under section 3 of the airports authority of india act, 1994 (55 of 1994)], or a regional rural bank established under section 3 of the regional rural banks act, 1976 (21 of 1976), or the export credit and guarantee corporation limited or the industrial reconstruction bank of india limited], [the national housing bank established under section 3 of the national housing bank act, 1987 (53 of 1987)], or [an air transport service, or a banking or an insurance company,] a mine, an oil field,] [a cantonment ..... the lessees, who has been assigned any function of the authority under sub-section (1), shall have all the powers of the authority necessary for the performance of such function in terms of the lease. 38. ..... any money, payable by the lessee in terms of the lease made under sub-section (1), shall form part of the fund of the authority and shall be credited thereto as if such money is the receipt of the authority for all purposes of section 24. ..... therefore, establishment in this case cannot refer to any office or department of the government or a local authority , it must refer to a place where any industry, trade, business, manufacture or occupation is carried on ..... 'air traffic services and provision of watch and ward' are, in terms of section 12a of the aai act to be retained by aai as part of its functions. .....

The Authorized Officer,indian Bank Vs. D. Visalakshi

Court : Supreme Court of India

..... it is also urged that the parliament in various acts, including the sick industrial companies (special provision) act, 1985 section 29, banking regulation act, 1949 section 45s, industrial reconstruction bank of india, 1984 section 51, national housing bank act, 1987 section 36 h, companies act, 1956 section 10fp, 10 companies act, 2013 section 429 and small industries development bank of india act, 1989 section 39, have enacted similar provisions empowering cmm/dm, for seeking assistance to take possession of the property sold or ..... combined effect, therefore, of section 6 of the gambling act and section 17(1) of the general clauses act would be that the term commissioner of police would include all officers who are executing or performing the functions of the commissioner of police as defined or authorised under the latter act, namely, the police act. ..... after analysing the other decisions, it went on to hold that in terms of section 14 of the 2002 act, the cjm can authorise any officer subordinate to him to take possession of such assets after examining the correctness of the assertion made in the ..... the court opined that though section 6 of the gambling act specified the office of commissioner of police as the authorised officer, however, considering the sweep of section 2(6) of the bombay police act, 1951, which mentions that the term commissioner of police would include an assistant commissioner, went on to hold that the search warrant issued by the assistant commissioner was .....