Judgment Search Results Home > Cases Phrase: payment and settlement systems act 2007 section 29 application of fine Page 15 of about 971 results (0.115 seconds)

Visweshwar Rao Vs. the State of Madhya Pradesh

Court : Supreme Court of India

Reported in : AIR1952SC252; [1952]1SCR1020

..... per cent. from 45 to 50 per cent. of malguzari assets. this was done without recourse to a settlement. in 1948 came the central provinces and berar revocation of exemptions act, xxxvii of 1948, making persons exempted from payment of land revenue liable for it. this legislation, it is urged, resulted in the reduction of the net ..... actual tillers of the soil in direct contract with the state by the elimination of intermediary holders. in short, the act aims at converting malguzari into ryotwari land system. in also aims at giving to the gram panchayats the management of common lands freed from the grip of proprietors and contemplates the establishment of self-government for ..... . in my opinion, the argument is based on a fallacy. as already stated, the purpose of the act is to bring about reforms in the land tenure system of the state by establishing direct contact between the tillers of the soil and the government. 42. these petitions are accordingly dismissed. i make no order of costs .....

Mahamaya Cable Network Versus M/S Msm Discovery Pvt Ltd

Court : Telecom Disputes Settlement and Appellate Tribunal TDSAT

..... b. sinha the petitioner is a multi system operator (mso). the respondent herein is a broadcaster. the petitioner is aggrieved by a public notice dated 5.11.09 issued by the respondent whereby and whereunder the supply of signals was sought to be stopped, allegedly for non-payment of the dues towards subscription fees amounting ..... public notice. the principal question, which, therefore, arises for consideration is as to whether the aforementioned krishna corporation had any authority to enter into the aforementioned settlement on behalf of the respondent. before, however, we advert to the rival contentions of the parties, we may notice the admitted fact of the matter. in ..... proof. the respondent has also not brought on record its distributorship agreement to show that m/s krishna corporation was not authorized to enter into a settlement/agreement for downgradation. it being within its special knowledge should have disclosed the same before this tribunal. in any event, it ought to have also .....

Darbar Shri Meramwala Bhayawala Vs. Bai Shri Valbai Sadul

Court : Mumbai

Reported in : (1959)61BOMLR939

..... or the other principal chiefs and were included in the tribute arrangement made with their lords.6. it appears that there was a system of girasdari in existence at the time of the settlement and continued thereafter. the word 'girasdar' had a definite connotation and that term included talukdars, bhagdars, mulgirassias and bhayatss, who ..... possession. it also appears that the proprietory rights of the subordinate girasdars were not only recognised but also safeguarded. it also appears that subject to the payment of the tribute and various contributions referred to above, as the case may be, and subject also to the performance of various political and social obligations, ..... , alleging that they were the tenants of the barkhalidar bai valbai, and that under the provisions of the act, they were entitled to occupancy certificates on payment of compensation provided under the act. first, when these applications were made, the present applicant was not made a party to the proceedings. in his absence .....

Sravan Dall Mill P. Limited Rep. by Its Managing Director Vs. Central ...

Court : Andhra Pradesh

Reported in : AIR2010AP35; 2010(1)ALT321

..... is treated as 'past due' when it has not been paid within 30 days from the due date. due to the improvements in the payment and settlement systems, recovery climate, upgradation of technology in the banking system, etc., it was decided to dispense with 'past due' concept, with effect from march 31, 2001. accordingly, as from that date, a ..... the terms of sanction and due to non-service and defaults, the same was classified as npa on 31.05.2006 and that no requests for one time settlement (ots) was made by the petitioner and that the management of the petitioner had addressed a letter dated 27.02.2007 admitting the liability and requesting time ..... it is mentioned in the said circular as follows:1.1 in line with the international practices and as per the recommendations made by the committee on the financial system (chairman shri m. narasimham), the reserve bank of india has introduced, in a phased manner, prudential norms for income recognition, asset classification and provisioning for the .....

Narmada Aluminium Industries Ltd. Vs. Appellate Authority for Industri ...

Court : Gujarat

Reported in : (2005)3GLR2296

..... order dated 01.09.2000 that no agreement was reached between the company / promoters and the banks / financial institutions regarding the terms of settlement of outstanding dues. the creditors wanted payment of 100% of principal dues in cash which the company / promoters were not prepared to ensure. the aaifr, therefore, did not ..... nothing but a strategy to buy time and to earn a profit by continuing the manufacturing activity without accepting the corresponding liability to make the payment under one time settlement scheme.25. mr. jani has further submitted that the petitioner company has taken further dishonest stand that the balance amount of 75% of ..... thereby saving for the nation substantial foreign exchange. the petitioner has been supplying precision products to many reputed concerns such as modi xerox, electronic racks for president system, heat sinks for m/s. bharat electronics / ms iti / ahuja radios, surveyor scales for cst ltd. etc. the petitioner also caters to defence .....

Ramaya Vs. the Secretary of State for India in Council

Court : Chennai

Reported in : (1904)14MLJ37

..... istimrar, all other zemindars, shrotriemdars, jagirdars, inamdars and all persons farming the land revenue under government: all holders of land under ryotwar settlements or in any way subject to payment of revenue direct to government.' section 2 provides that ' the land, the buildings upon it and its products shall be regarded as the ..... of the question can in no way be affected either by the circumstance on which the learned government pleader laid so much stress, viz., that the system of prohibitory assessment has on the whole operated effectually to check encroachments on land which public interests require should remain unoccupied; or by the consideration, urged ..... not without foundation, on behalf of the appellant, that the system apart from its invalidity, is often worked in a way never contemplated by its inventors and not infrequently, is made use of by low-paid village .....

Airports Authority of India, Rajiv Gandhi Bhawan Vs. Director of Incom ...

Court : Authority for Advance Rulings

..... . rc holds patents in respect of equipment made available to the applicant for use and it would be responsible for defending the patents. final payment by the applicant is conditioned upon settlement of dispute, if any, in regard to the patents. though the contract between rc and the applicant is described as a supply contract, ..... of the hardware and software are not made part of 1993 contracts as they were obviously not considered essential and inextricably linked to the operation of the mats system. the payments made by the applicant to rc will also fall within the meaning of fee for included services under article 12(4)(a). 6. mr. salil gupta ..... in a sense, the applicant is provided modernization of pre-existing air traffic system. payments made by the applicant to rc under the aforementioned contracts are royalties .....

M/S Holystar Natural Resources Pvt. Ltd. and anr Vs. Union of India an ...

Court : Delhi

..... as past due when it has not been paid within 30 days from the due date. due to the improvements in the payment and settlement systems, recovery climate, upgradation of technology in the banking system, etc. it was decided to dispense with past due concept, with effect from 31-32001. accordingly, as from that date, ..... in the set of measures that the government has initiated over the past few years for curbing the evil of npas as the amnesty scheme announced for settlement, the drt, etc. failed to provide any comprehensive solution. now, the sarfaesi act enables banks and financial institutions to have an identical level playing ..... , the overdue receivables representing positive mark-to-market value of a derivative contract, if these remain unpaid for a period of 90 days from the specified due date for payment. ... ... ... ... ...4. asset classification41 categories of npas ... ... ... ... banks are required to classify nonperforming assets further into the following three categories based on .....

Portneuf-marsh Valley Canal Co. Vs. Brown

Court : US Supreme Court

..... 636 . 4. under 3019, comp.stat. of idaho, 1919, a company furnishing water for a carey act project by constructing an irrigation system and selling water lights is entitled to a lien for deferred payment on such rights, superior to liens of an operating company for subsequent maintenance and operation charges. p. 274 u. s. 638 . 5 ..... irrigation works. the contract contemplated vesting the control of the irrigation system in the settlers through the medium page 274 u. s. 633 of an operating company, to be organized by the construction company as soon as the lands were thrown open to settlement. it provided that the operating company should issue one share of ..... stock for each water right sold to settlers, and that the remainder should be issued to the construction company pending further sale of water rights, and that the irrigation system, when completed, should be transferred to .....

Commissioner of Income-tax, New Delhi Vs. Smt. V. Sikka and Another (L ...

Court : Delhi

Reported in : [1984]149ITR73(Delhi)

..... rs. 98,000 received under the compromise was partly adjudication of rights in the relevant previous year for the amount due, partly for settlement of the disputes and partly the creation of a right to the payment of the amount which is a substitute for profits likely to arise to the assessed (in the future) if the contract had run its ..... him aggregating over rs. 55,000 up-to-date (august 27, 1956), although the assessed was still duly discharging his duties under the agreement. the submission is that the system of accounting followed by the assessed as regards his dealing with the company was on receipt or cash basis. under s. 5 of the act, profits are taxable when they ..... is made to s. 13 of the 1922 act corresponding to s. 145 of the 1961 act. he submits that two main methods of accounting are the cash system and the mercantile system. the computation of income has to be made on the basis of the method of accounting regularly adopted by the assessed, even though the method is neither purely .....