Judgment Search Results Home > Cases Phrase: national housing bank act 1987 section 36l term of office Page 9 of about 840 results (0.106 seconds)

Surat District Co-operative Bank Vs. Income Tax Officer and ors.

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in : (2003)262ITR1(Ahd.)

..... paid-up capital or the reserve or any credit balance in the p&l a/c of the co-operative bank; (ii) any advance taken from a state government, the reserve bank, the development bank, the exim bank, the reconstruction bank, the national housing bank, the national bank, the small industries bank or from the national co-operative development corporation established under section 3 of the national co-operative development corporation act, 1962 (26 of 1962), by the co-operative bank; (iii) in the case of a state or central co-operative bank, also any deposit of money with it representing the reserve fund or any ..... without prejudice to the provisions of section 53, the reserve bank may, by notification in the official gazette, declare that, for such period and subject to such conditions as may be specified in such notification the whole or any part of the provisions of section 18 or section 24, as may be specified therein, shall not apply to any co-operative bank or class of co-operative banks, with reference to all or any of the offices of such co-operative bank or banks, or with reference of the whole or any part of the assets and liabilities of such cooperative bank or banks." 25. ..... it was, however, argued that in the instant case the moneys had been deposited with the imperial bank on long-term deposits inasmuch as they were deposited for one year and were renewed from time to time also for a year; but as is shown by the accounts these deposits fell due at short intervals and would .....

The Jt. Commissioner of Income Vs. India Equipment Leasing Ltd.

Court : Income Tax Appellate Tribunal ITAT Chennai

Reported in : (2008)111ITD37(Chennai)

..... act, 1999, the benefit of this provision was extended to public companies engaged in providing long term finances to housing projects as approved by national housing bank ..... it has been held (i) that provisions of chapter iiib of rbi act, 1934, override the provisions of section 145(2) of the act because of non-obstante clause appearing in section 45q; (ii) that the income-tax act, 1961, is a general act, whereas reserve bank of india act is a special act; (iii) that it was not the case of the department ..... . for tax purposes, the accrual or receipt of income in the relevant previous year will have to be determined in consonance with the ambit of taxable income as per section 5 of the act on the basis of a careful scrutiny of the terms of contract for hire-purchase and lease agreements regardless of the method of accounting followed by the assesses for recognition of such income on its books of account.he also relied ..... income-tax act, then in that situation the accrual of income taken place as per provisions of section 5 of the income-tax act and for the purpose of computation of income, the assessing officer will have to refer to reserve bank of ..... officer is not satisfied about the correctness or completeness of the accounts of the assessee, or where the method of accounting provided in sub-section (1) or accounting standards as notified under sub-section (2), have not been regularly followed by the assessee, the assessing officer may make an assessment in the manner provided in .....

Indiabulls Financial Services Limited and anr. Vs. ------------------- ...

Court : Delhi

..... has further been submitted that the petitioner/ amalgamating company shall comply with the applicable rules and regulations of the reserve bank of india and the petitioner/amalgamated company shall comply with the applicable rules and regulations of the national housing bank, new delhi.15. ..... learned regional director stated that the petitioner/ amalgamated company may be asked to give an undertaking for compliance of all the rules and regulations of national housing bank, being the concerned regulator. ..... learned regional director has in para 9 of the representation affidavit dated 21 november 2012 submitted that the petitioner/ amalgamated company is a housing finance company regulated by the national housing bank, new delhi. ..... this second motion petition has been filed under section 391(2) and 394 of the companies act, 1956 (act) by the petitioner companies seeking sanction and approval of the scheme of arrangement amongst indiabulls financial services limited and indiabulls housing finance limited and their respective shareholders and ..... in terms of the provisions of sections 391-394 of the companies act, 1956 and in terms of the scheme, the whole of the undertaking, properties, rights and powers of the petitioner/amalgamating company be transferred to and vest in the petitioner/amalgamated company without any further act of ..... the registered office of the petitioner/ amalgamating company and the petitioner/amalgamated company is situated at new delhi, within the jurisdiction of this .....

Nirmal Bang Securities Pvt. Ltd. Vs. the Chairman, Securities and

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Reported in : (2004)49SCL421SAT

..... bombay high court in national housing bank (supra) in this ..... national housing bank ..... to the expression 'intermediary'used in regulation 13, shri dwarkadas stated that stock brokers and sub brokers are not the only market intermediaries, and there are several market intermediaries (referred to in section 12 of the sebi act) and their activities are regulated by separate set of regulations notified by sebi, that an examination of these regulations will show that sebi had consciously provided for specific situations in which the ..... 0.7% 05-03-01 09-03-01 585 625 327 123,647 118,091 5,556 0.2% 239,986 221,971 18,015 0.5% 12-03-01 16-03-01 301 322 214 111,383 83^6591 27,724 0.7% 245,576 222,756 22,820 0.6 enquiry officer has observed that in settlement 1047 both nbs & beb had net sales simultaneously of 20173 and 53442 shares respectively and together constitute 6.9% of the net sale at the exchange.infosys date from date to op ..... the sub broker and send an intimation to that effect to the stock exchange or stock exchanges as the case may be; (2) the board may grant a certificate of registration to the applicant subject to the terms and conditions as stated in rule 5 in this context it is to be noted that sebi is empowered under section 24 of the sebi act to file criminal prosecution against those persons who contravene the provisions of the sebi ..... ranjit thakur v union of india (air 1987 sc 2386) (on quantum of penalty and bias) the sentence ..... ranjit thakur's case (air 1987 sc 2386) . .....

K.N. Mehta Vs. Director of Enforcement and Others

Court : Delhi

Reported in : [1985]57CompCas820(Delhi); 1982CriLJ1916; 1985(5)ECC286; ILR1982Delhi712; 1982RLR644

..... mehta had dispatched on june 29, 1966, a cheque for 700 drawn on the first national city bank of new york to london, the appellant's office and residence at bombay were searched, and it was found from the documents recovered that the appellant and his wife were not only maintaining several accounts in foreign countries which they had been ..... if he is right, then the appeal of a foreign national who had come to india as a tourist and was held guilty for contravening the provisions of the act would not be maintainable in any high court because he nowhere 'ordinarily resides' or 'carries on business' or 'works for gain'. 29. ..... the main finding of the director of enforcement which has been upheld by the board was that the appellants being residents in india had contravened the provisions of the act by not repatriating the foreign exchange which was raised by them by mortgaging of selling their properties aboard. ..... the other sections of the act, viz., ss. ..... this foreign currency was recovered from his possession when his house was searched. ..... the term 'person resident in india' was not defined in the 1947 act. ..... thereforee, they cannot be termed 'persons resident in india'. ..... it is thus clear that a person to be termed a resident in india under the act of 1947 must be a person who has an intention to reside in india for uncertain period if not indefinitely, so as to be resident of india in the context and purpose of that act. 22. .....

Smt Yashmin Fathima Vs. The State By Cbi, Acb

Court : Karnataka

..... all the funds diverted have subsequently been returned to national housing bank and no actual loss has been occasioned thereby either to uco bank or national housing bank, yet white collar crimes of such a nature ..... third schedule or as near thereto as circumstances admit: provided that with a view to facilitating the transition from one period of accounting to another period of accounting under this sub-section, the central government may by order published in the official gazette, make such provisions as it considers necessary or expedient for the preparation of, or for other matters relating to, ..... altered by a court in appeal, confirmation or revision on the ground of the absence of, or any error, omission or irregularity in, the sanction required under sub-section (1), unless in the opinion of that court, a failure of justice has in fact been occasioned thereby; hence, under section 19(3)(a), no order of conviction and sentence can be reversed or altered by a court of appeal or revision even on the ground of absence of sanction or valid ..... terms and conditions of loan grant which categorically stated that overdraft facilities would be used only for purpose of meeting working capital requirements and for furnishing performance guarantee to corporation with whom he had entered into contract furthermore, appellant had committed several irregularities in order to favour accused 2, had acted in blatant violations of rules / regulations of bank, and had even compelled pw18 an officer .....

Asha Parekh Vs. The State By Cbi, Acb

Court : Karnataka

..... all the funds diverted have subsequently been returned to national housing bank and no actual loss has been occasioned thereby either to uco bank or national housing bank, yet white collar crimes of such a nature ..... third schedule or as near thereto as circumstances admit: provided that with a view to facilitating the transition from one period of accounting to another period of accounting under this sub-section, the central government may by order published in the official gazette, make such provisions as it considers necessary or expedient for the preparation of, or for other matters relating to, ..... altered by a court in appeal, confirmation or revision on the ground of the absence of, or any error, omission or irregularity in, the sanction required under sub-section (1), unless in the opinion of that court, a failure of justice has in fact been occasioned thereby; hence, under section 19(3)(a), no order of conviction and sentence can be reversed or altered by a court of appeal or revision even on the ground of absence of sanction or valid ..... terms and conditions of loan grant which categorically stated that overdraft facilities would be used only for purpose of meeting working capital requirements and for furnishing performance guarantee to corporation with whom he had entered into contract furthermore, appellant had committed several irregularities in order to favour accused 2, had acted in blatant violations of rules / regulations of bank, and had even compelled pw18 an officer .....

Pankaj A Parekh Vs. The State By Cbi, Acb

Court : Karnataka

..... all the funds diverted have subsequently been returned to national housing bank and no actual loss has been occasioned thereby either to uco bank or national housing bank, yet white collar crimes of such a nature ..... third schedule or as near thereto as circumstances admit: provided that with a view to facilitating the transition from one period of accounting to another period of accounting under this sub-section, the central government may by order published in the official gazette, make such provisions as it considers necessary or expedient for the preparation of, or for other matters relating to, ..... altered by a court in appeal, confirmation or revision on the ground of the absence of, or any error, omission or irregularity in, the sanction required under sub-section (1), unless in the opinion of that court, a failure of justice has in fact been occasioned thereby; hence, under section 19(3)(a), no order of conviction and sentence can be reversed or altered by a court of appeal or revision even on the ground of absence of sanction or valid ..... terms and conditions of loan grant which categorically stated that overdraft facilities would be used only for purpose of meeting working capital requirements and for furnishing performance guarantee to corporation with whom he had entered into contract furthermore, appellant had committed several irregularities in order to favour accused 2, had acted in blatant violations of rules / regulations of bank, and had even compelled pw18 an officer .....

Venkatesh Vs. The State By Cbi, Acb

Court : Karnataka

..... all the funds diverted have subsequently been returned to national housing bank and no actual loss has been occasioned thereby either to uco bank or national housing bank, yet white collar crimes of such a nature ..... third schedule or as near thereto as circumstances admit: provided that with a view to facilitating the transition from one period of accounting to another period of accounting under this sub-section, the central government may by order published in the official gazette, make such provisions as it considers necessary or expedient for the preparation of, or for other matters relating to, ..... altered by a court in appeal, confirmation or revision on the ground of the absence of, or any error, omission or irregularity in, the sanction required under sub-section (1), unless in the opinion of that court, a failure of justice has in fact been occasioned thereby; hence, under section 19(3)(a), no order of conviction and sentence can be reversed or altered by a court of appeal or revision even on the ground of absence of sanction or valid ..... terms and conditions of loan grant which categorically stated that overdraft facilities would be used only for purpose of meeting working capital requirements and for furnishing performance guarantee to corporation with whom he had entered into contract furthermore, appellant had committed several irregularities in order to favour accused 2, had acted in blatant violations of rules / regulations of bank, and had even compelled pw18 an officer .....

Vasu Dev Singh and ors. Vs. Union of India (Uoi) and ors.

Court : Supreme Court of India

Reported in : (2006)144PLR802; 2006(11)SCALE108

..... the amendment made in section 3(c) of the delhi rent act, 1958 was the first legislation where the national housing policy was implemented. ..... the legislative policy, that several amendments have been carried out by the legislature to mitigate the hardships of the landlords and as the delegate has acted keeping in view the legislative history, no exception can be taken to the exercise of the power of delegated legislation by the administrator;(xii) in view of the national housing scheme framed by the government of india in the year 1991, the administrator cannot be said to have committed any illegality in issuing the said notification ..... (c) to any premises, whether residential or not, whose monthly rent exceeds three thousand and five hundred rupees; or..the court took notice of the materials brought on records of the case including the national housing policy leading to insertion of sub-section (c) in section 3 of the delhi rent control act. ..... the administrator while issuing the impugned notification misdirected himself in law insofar as he failed to take into consideration that he could not have exercised any jurisdiction in terms thereof as the national housing policy, inter alia, contains the guidelines for the state legislatures for enactment of law and the same was not meant to be taken recourse to by the executive government of the state. ..... in this case there is no affidavit by any officer who had anything to do with the order granting exemption. .....