Judgment Search Results Home > Cases Phrase: payment and settlement systems act 2007 section 29 application of fine Page 18 of about 971 results (0.127 seconds)

In Re: Lords Chloro Alkali Ltd.

Court : Rajasthan

Reported in : [2007]75SCL237(Raj)

..... financial reconstruction. in the interregnum the dues of pnb, sbi were settled at 26.5 per cent of the principal by effecting payments to the tune of rs. 61.75 lakhs and rs. 55 lakhs respectively in full and final settlement of their dues. the idbi assigned its debts to d & darc, and icici had assigned its debts to sopan securities ..... year ending on 30-6-2000. it was stated in the petition that while the petitioner company was in the process of entering into negotiation with its secured creditors for settlement of their dues, the bifr vide an ex parte order dated 2-6-2004 formed prima facie opinion to wind up the petitioner company under section 20(1) of ..... pvt. ltd. the indian bank had also assigned its debt to d & darc while syndicate bank had assigned its debt to m/s. first alert fire systems private limited. it has been stated in .....

Mrs. Avan Cyrus Bhathena and ors Vs. I.T.C. Ltd. and ors.

Court : Mumbai

..... effected at the end of the settlement for each script to show the purchase and sale effected. he has admitted that the debit of rs.4,18,770/- represented the total payment made to defendant no.2 in respect of transaction under his statement. he ..... payment made, but is an entry of adjustment to balance the account at the end of the transaction. the oral evidence of defendant no.14 in that behalf in the cross-examination shows his acceptance that these were entries adjusted at the end of the year to reconcile the balance in his account. he has explained that he had a weekly settlement system ..... has further stated that the payment to defendant no.2 was made out of the .....

Manoj Ittycheria Vs. Commercial Tax Officer

Court : Kerala

..... notices ext.p-4(a): true copy of demand draft no.540226 dated312.2013 submitted by the petitioner before the1t respondent along with ext.p4 reply for the proof of payment of settlement fee in ext.p2 to p2(c) returns. respondent(s)' exhibits : nil. ------------------------------ //true copy// p.s. to judge. v.chitambaresh, j.------------------------------- w.p ..... submitted ext.p2 series online e-returns on receipt of ext.p1 series notices proposing best judgment assessment and penalty. the petitioner has also paid the settlement fee evidenced by ext.p4(a) demand draft accompanying ext.p4 reply filed to ext.p3 status report. what remains is the consideration of ext.p2 ..... of september2013submitted by the petitioner ext.p-3: true copy of 'print return' status obtained by the petitioner from the kerala value added tax information system, where in it evident that the petitioner filed online returns for april2013to september2013on2311.2013 ext.p-4: true copy of reply dated312.2013 submitted by the .....

New York Central R. Co. Vs. Winfield

Court : US Supreme Court

..... created; whether the individual employer shall be permitted to become a self-insurer; whether he shall be permitted to deal directly with the employee in making settlement of the compensation to be awarded -- on all these questions the laws of the several states do and properly may differ radically. what methods and means ..... had gained little recognition in the united states. not one of the thirty-seven states or territories which now have workmen's compensation laws had introduced the system. yet the conception and value of compensation laws was not unknown to congress. it then had under consideration the first compensation law for federal employees, ..... , not sporadic; certain, not conjectural; speedy, not delayed; definite as to amount and time of payment, and so distributed over long periods as to insure actual protection against lost or lessened earning capacity. to a system making such provision, and not to wasteful litigation, dependent for success upon the coincidence of fault and the .....

Sebi Vs. Cfl Securities Ltd.

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

..... c) above) e. therefore, the shares, originally bought from cfl/its clients on a spot basis, would revert to cfl/its clients, through the stock exchange settlement system. the trading that took place on the exchange would thus mirror the financing arrangements which had crystallised outside the exchange as spot/off market deals, resulting into matched ..... shares of srl held by them, to various entities on spot /off market basis and would receive funds immediately. these funds would then be used to make payments to the exchange. d. at the same time, the entities who had bought the shares on spot/off market basis (and funded cfl) would sell the ..... the market and executing transactions that are not genuine, misutilising the stock exchange mechanism by transferring/mirroring off the market financing transactions, on to the exchange system.15. i have considered the submission of cfl that the intention behind the above mentioned transactions was to fund their obligations towards nse and that they had .....

Commissioner of Income-tax Vs. Comfund Services India Ltd.

Court : Karnataka

Reported in : (2001)167CTR(Kar)523; [2001]252ITR309(KAR); [2001]252ITR309(Karn); [2002]120TAXMAN688(Kar)

..... videocon international ltd. is concerned, the assessee claimed a trading loss of rs. 7,55,31,164. the assessee explained the same by contending that the payment of rs. 7,55,31,164 is in settlement of an agreement dated june 5, 1992. it is stated that the amount of rs. 7.5 crores along with interest of rs. 5.31 lakhs ..... was allowed.9. on a further appeal to the tribunal, the tribunal notices all these facts. according to the tribunal, the assessee has taken recourse to a very complex system of accounting but if step by step examination of the matter is made the entire discrepancy can be found out to be reconcilable. after noticing the various facts and figures ..... question of law. according to him even a perverse finding can be a question of law.4. the scheme of the income-tax act provides for a three tier system. the first authority is the assessing authority against which an appeal is provided to the commissioner of income-tax and a further appeal is provided to the tribunal consisting of .....

Jet Aircraft Maintenance Engineers Welfare Association Vs. Ashish Chha ...

Court : Supreme Court of India

..... within 7 (seven) days of declaration of the successful resolution applicant, or by way of a direct deposit by way of the real time gross settlement system into a bank account held by the sbi bank, the details of which shall be shared separately with the successful resolution applicant ( performance security ) ..... agreed that if sra satisfies particular criteria, including infusing rs. 350 crores by 31 august 2023, adhering to the resolution plan terms, and meeting employee payment obligations in accordance with the nclat order dated 21 october 2022, they would abstain from challenging exclusion/extension of time issues. however, the inability to ..... committee are to assume absolute control over the corporate debtor. following the effective date, the sra is then required to infuse funds and fulfil specified payments to stakeholders, including disbursements to employees, workmen, and other operational creditors, within 180 days from the effective date. 6 the successful resolution applicant5 and .....

Sebi Vs. Santosh K. Kejriwal Securities

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

..... recorded lack lustre financial performance and has not bothered to file up to date financial statements with cse. such acts pose a serious risk to the stability and settlement system of the stock exchange besides raising the spectre that innocent investors may get drawn by the artificial trading volumes generated by vested interests and may in the process ..... institutions such as life insurance corporation of india, state bank of india, industrial development bank of india among many others. his stock broking business has led to the payment of service tax of more than rs. 7 lacs for the period from april 2005 to november 2005. in the same period he had paid more than rs. ..... others manipulated the price of the scrip or created an artificial market for the scrip of abl. his trades were bonafide trades and duly settled by delivery and payment.4.1 the broker was given an opportunity for oral hearing on april 7, 2006. the broker appeared for oral hearing and made submissions.he was represented by .....

Mukesh Bansal Vs. State and anr

Court : Delhi

..... not compoundable, where the parties have settled the matter between themselves. however, this power is to be exercised sparingly and with caution. (ii) when the parties have reached the settlement and on that basis petition for quashing the criminal proceedings is filed, the guiding factor in such cases would be to secure: (i) ends of justice, or (ii) ..... , (2012) 10 scc303 which has referred to a number of matters for the proposition that even a non-compoundable offence can also be quashed on the ground of a settlement agreement between the offender and the victim, if the circumstances so warrant; and also narinder singh and ors. v. state of punjab and anr. 2014(2) crimes 27 ..... depositing rs.75,000/- as costs with the indigent & disabled lawyers fund of bar council of delhi. the petition stands disposed off. a photocopy of receipt of payment of costs to be filed before this court as well as given to the investigating officer. the registry to put up a report in this respect within three weeks .....

Present: Mr. Anand Chhibbar Sr. Advocate With Vs. Export and Import Ba ...

Court : Punjab and Haryana

..... the courts in chandigarh shall have exclusive jurisdiction with respect to the same. the creditor has accepted to receive the said time bound payment in full and final settlement of its claim against the obligors. the parties, through their authorised representatives and personally (wherever applicable), have arrived at these capp no ..... on february 26, 2010 and ending on june 30, 2013. further, the managing director, shri tarsem kansal reaffirmed his obligations as a guarantor for payment of settlement amount, and crown packages pvt. ltd. jointly and severally, unconditionally and irrevocably guaranteed the obligations of the debtor company. (12) even thereafter, the obligors ..... represented by the debtor company and guarantors to the creditor that the original lending having been duly approved by the rbi, re-payment of the same under this settlement would also be approved without any impediments. besides, they are taking all required steps promptly and diligently to obtain the requisite approvals .....