Judgment Search Results Home > Cases Phrase: oriental gas company 1857 Court: delhi Page 1 of about 1,845 results (0.060 seconds)

V.V. Purie Vs. E.M.C. Steel Ltd. and ors.

Court : Delhi

Reported in : [1980]50CompCas127(Delhi); ILR1979Delhi477

..... the west bengal legislature enacted the oriental gas company act, 1960 providing that the said undertaking should stand transferred to the state government for five years for management and control and ..... company had been appointed under an agreement as the manager of another company (oriental gas company ..... i agree that if the section, can be read as envisaging beyond all doubt that it will be open to any person to come to the court and seek an investigation into the affairs of any company, the courts should not be deterred from giving that interpretation merely because it might open the flood gates of litigation, for, where the statute is clear the court should give effect to the right created ..... prejudice to its powers under section 235, the central government : (a) shall appoint one or more competent persons as inspectors to investigate the affairs of a company and to report thereon in such manner as the central government may direct, if (i) the company, by special resolution: or (ii) the court by order, declares that the affairs of the company ought to be investigated by an inspector appointed by the central government; and (b) may do so if, in the opinion of the central government there are ..... as to enable relief to be obtained only by some person whose rights have been affected by the manner in which the affairs of the company have been conducted or accounts maintained and has, thereforee, a grievance in the eyes of law for which he seeks relief from the court ..... calcutta gas company ( .....

Sushila Devi Bhaskar Vs. Ishwar Nagar Cooperative House Building Socie ...

Court : Delhi

Reported in : 45(1991)DLT518

..... under the agreement, thereforee, the appellant had the right to manage the oriental gas company for a period of 20 years and to receive the aforesaid amounts towards its remuneration ..... the agreement, the appellant had the right to manage the oriental gas company for a period of 20 years and to receive remuneration for ..... necessary in this case to decide whether under the said agreement the appellant was constituted as agent or managing agent or a servant of the oriental gas company. ..... to the management of the oriental gas company. ..... as fully and effectively as if instead of the company the state of west bengal had been named therein or had been a party thereto:' under the said section, with effect from the appointed day and for a period of five years thereafter, the management ..... contracts, excluding any contract or contracts in respect of agency or managing agency, subsisting immediately before the appointed day and affecting the undertaking of the company shall cease to have effect or to be enforceable against the company, its agents or any person who was a surety thereto or had guaranteed the performance thereof and shall be of as full force and effect against or in favor of the state of west bengal and shall be enforceable ..... upon the judgments in calcutta gas company limited v. ..... in calcutta gas company (proprietary) ltd .....

Oriental Ins. Co. Ltd. Vs.master Shanu & Ors.

Court : Delhi

..... two grounds, one concerning the rate of interest, the submission being that it is excessive and, the other, that the offending vehicle in question being a gas tanker, one meant for carrying hazardous goods, the liability could not have been fastened on the insurance company without the driver or owner of the vehicle adducing proof that the driver did hold a valid driving licence for a vehicle of such nature.5. ..... it is observed that though the tribunal had noted the contention of the insurance company and also the effect and import of the evidence led by it on the question of driving licence, it failed to render any ..... 04.01.2007, a motor vehicular accident occurred, statedly involving negligent driving of motor vehicle described as gas tanker bearing registration no.hr38 6615 (the offending vehicle) by rajesh giri, a respondent in both ..... if there is any deficiency, the insurance company would be liable to make the same good, by requisite deposit with the tribunal within thirty days in ..... /2011 oriental insurance ..... the contention of the insurance company (appellant) about the rate of interest must be rejected since the tribunal has taken a view which is in accord with the consistent view taken by this court on the said subject [see judgment ..... the claimants had impleaded besides the driver of the offending vehicle, baldev singh, he being owner of the said vehicle, this in addition to oriental insurance company ltd. ..... appeal no.14/2010 oriental ins. co. ..... + mac appeal no.4/2010 oriental ins. co. .....

Oriental Ins. Co. Ltd. Vs.shahnaz & Ors.

Court : Delhi

..... two grounds, one concerning the rate of interest, the submission being that it is excessive and, the other, that the offending vehicle in question being a gas tanker, one meant for carrying hazardous goods, the liability could not have been fastened on the insurance company without the driver or owner of the vehicle adducing proof that the driver did hold a valid driving licence for a vehicle of such nature.5. ..... it is observed that though the tribunal had noted the contention of the insurance company and also the effect and import of the evidence led by it on the question of driving licence, it failed to render any ..... 04.01.2007, a motor vehicular accident occurred, statedly involving negligent driving of motor vehicle described as gas tanker bearing registration no.hr38 6615 (the offending vehicle) by rajesh giri, a respondent in both ..... if there is any deficiency, the insurance company would be liable to make the same good, by requisite deposit with the tribunal within thirty days in ..... /2011 oriental insurance ..... the contention of the insurance company (appellant) about the rate of interest must be rejected since the tribunal has taken a view which is in accord with the consistent view taken by this court on the said subject [see judgment ..... the claimants had impleaded besides the driver of the offending vehicle, baldev singh, he being owner of the said vehicle, this in addition to oriental insurance company ltd. ..... appeal no.14/2010 oriental ins. co. ..... + mac appeal no.4/2010 oriental ins. co. .....

Union of India vs.divyanshu Patel

Court : Delhi

..... constitutional validity of the oriental gas company act, 1960. ..... the supreme court in calcutta gas company (proprietor) v. ..... learned attorney-general that, under article 246 of the constitution, the legislative power of state is subject to that of parliament ceases to have any force, for the gas industry is outside the legislative field of parliament and is within the exclusive field of the legislature of the state. ..... seeks to harmonize both the entries by giving the widest meaning to the word industry so as to include the industrial aspect of gas and gas-works and leaving the other aspects to be covered by entry 25, learned counsel for the contesting respondents seeks to reconcile them by carving out gas and gas-works in all its aspects from entry 24. ..... if one can surmise, it may be that, as the industry of gas and gas-works was confined to one or two states and was not of all-india importance, it was carved out of entry 24 and given a separate entry, as otherwise if a declaration by law was made by parliament ..... the supreme court concluded that gas and gas works in entry 25 of list ii fall within the exclusive field allotted to the states, even though the same also qualify as industries which, under entries 7 and 52 of list i fell ..... if industry in entry 24 is interpreted to include gas and gas-works, entry 25 may become redundant, and in the context of the succeeding entries, namely, entry 26, dealing with trade and commerce, ant entry 27, dealing with production, supply and distribution .....

Tobu Enterpries Ltd. and ors. Vs. the Lt. Governor, Delhi and ors.

Court : Delhi

Reported in : 1993IVAD(Delhi)609; 53(1994)DLT255; 1994(28)DRJ515; [1994(68)FLR615]; (1994)ILLJ1221Del

..... ), the appropriate government had authorised the assistant manager of the oriental gas company ltd. ..... 165 (karnataka, full bench); ramdass and others (oriental gas company) v. km. .....

Citicorp International Ltd. Vs. Shiv-Vani Oil and Gas Exploration

Court : Delhi

..... counsels appearing for the applicant that the applicant company entered into a facility agreement dated 12th july, 2010 with the shiv-vani oil and gas company llc (svogcl), a limited liability company incorporated under the laws of sultanate of oman and a subsidiary of the judgment debtor for providing credit facilities to the tune of usd ..... that the applicant vide its letter dated 16th may, 2014 had already notified the citicorp that in terms of the facility agreement and certain other related agreements, oriental had created first and exclusive charge on all its assets including on the charged rigs in favour of the applicant. ..... at the same time vide deed of assignment and charge dated 4th september, 2009 between the oriental and the applicant, oriental assigned to the applicant all its present, future right, title and interest in the said ..... thereafter, vide deed of fixed and floating charge dated 9th september, 2009 between oriental and the applicant herein, oriental also created a first fixed and floating charge over its assets, including over the charged rigs in favour ..... lease agreement dated 4th september, 2009 between oriental and judgment debtor, oriental leased the charged rigs to the judgment ..... in exercise of the rights under the deed for fixed and floating charge, the applicant in may, 2014 has already appointed receivers in respect of oriental assets in india and they are authorised to exercise inter alia power of sale in respect of oriental assets including the charged rigs. .....

Oriental Insurance Co. Ltd. Vs.deputy Commissioner of Income Tax

Court : Delhi

..... the itat itself has taken a consistent stand that the taxability of income in the case of insurance companies is not on commercial profits but on such profits as are computed in accordance with the provisions of the ia, subject to the permissible adjustments under the act ..... the cbdt, in its circular no.5/2010 dated 3rd june 2010, acknowledged that, after the introduction of the irda regulations in 2002, non-life insurance companies are required to credit income from the sale of investments directly to the p&l account. ..... 16th december 1988 was issued by the central board of direct taxes ( cbdt ) which purported to introduce through the rules a policy of liberalisation of provisions in respect of taxation of profits and deduction of tax at source applicable to the holding company' of the assessee, that is, the gic and its subsidiaries (including the assessee). ..... a conspectus of the above provisions of the ia makes it clear that there is no option with a company carrying on general insurance business, like the assessee, to treat any part of its investment as stock-in-trade as is sought to be contended by the revenue before the ..... the assessee was originally incorporated on 12th september 1947 as the oriental fire insurance company ltd. ..... chaudhuri, advocates versus + + commissioner of income tax (ltu), new delhi .....appellant ita no.447 of 2015 ita no.448 of 2015 oriental insurance company ltd. ..... however, when that appeal came to be decided by the decision in oriental insurance company v. .....

Commissioner of Income Tax (Ltu), New Delhi vs.oriental Insurance Comp ...

Court : Delhi

..... the itat itself has taken a consistent stand that the taxability of income in the case of insurance companies is not on commercial profits but on such profits as are computed in accordance with the provisions of the ia, subject to the permissible adjustments under the act ..... the cbdt, in its circular no.5/2010 dated 3rd june 2010, acknowledged that, after the introduction of the irda regulations in 2002, non-life insurance companies are required to credit income from the sale of investments directly to the p&l account. ..... 16th december 1988 was issued by the central board of direct taxes ( cbdt ) which purported to introduce through the rules a policy of liberalisation of provisions in respect of taxation of profits and deduction of tax at source applicable to the holding company' of the assessee, that is, the gic and its subsidiaries (including the assessee). ..... a conspectus of the above provisions of the ia makes it clear that there is no option with a company carrying on general insurance business, like the assessee, to treat any part of its investment as stock-in-trade as is sought to be contended by the revenue before the ..... the assessee was originally incorporated on 12th september 1947 as the oriental fire insurance company ltd. ..... chaudhuri, advocates versus + + commissioner of income tax (ltu), new delhi .....appellant ita no.447 of 2015 ita no.448 of 2015 oriental insurance company ltd. ..... however, when that appeal came to be decided by the decision in oriental insurance company v. .....

Shri Mukut Lal Duggal Vs. United India Insurance Co. Ltd.

Court : Delhi

Reported in : 2006ACJ1576; 117(2004)DLT74; 2005(82)DRJ70; (2005)141PLR10

..... policy, and that if a view was taken that the mediclaim policy cannot be renewed with retrospective effect, it would give handle to the insurance company to refuse the renewal of the policy on extraneous considerations thereby deprive the claim of the insured for treatment of disease which have appeared during the relevant time, and further deprive the insured, ..... its full vigour from the decision of the hon'ble the supreme court in biman krishna bose (supra), in which the supreme court, while considering the mediclaim insurance policy, holding that these insurance companies were 'state' under article 12 of the constitution, in terms, further held in paragraph 5 of the judgment that, the renewed contract was on the same terms and conditions as that of the original ..... out whether this mediclaim insurance scheme approved by the central government, because, we did not get any assistance throughout the hearing on the genesis of the scheme and perhaps the insurance companies themselves were not aware that the scheme which was framed by the gic was a scheme approved by the central government, on an assumption that this fact could not have been deliberately ..... insurance companies, four companies were left as fully owned subsidiary companies of the gic (1) national insurance company limited, (2) the new india assurance company limited (3) te oriental insurance company limited, and (4) united india insurance company limited. ..... oriental insurance company .....