Judgment Search Results Home > Cases Phrase: payment and settlement systems act 2007 section 29 application of fine Page 28 of about 971 results (0.206 seconds)

M/S. Vimal Telektronix Pvt. Ltd. Vs. M/S. Tata Telecom Ltd.

Court : Delhi

..... time to time. there appears to have been outstanding dues inter se the parties. however, on september 21, 2001, the parties met and arrived at a settlement regarding pending payments. the minutes of the said meeting are placed on record as ex. pw 1/14. it is apparent from the said document, that the parties have arrived ..... at an arrangement regarding pending payments. without delving into the material particulars regarding the said settlement, it is clear to me that the parties negotiated the settlement of pending dues as late as september 21, 2001.28. article i of schedule i under the limitation ..... in nature and that the plaintiff did not consent to any such arrangement. and that there was no settlement dated september 21, 2001 and that the payments made under the bills raised on september 24, 2001 were merely part payments of the amounts due to the plaintiff from the defendant.19. vide order dated march 21, 2006, .....

M/S. Gayatri Project Ltd. Vs. M/S. Sai Krishna Construction

Court : Supreme Court of India

..... unilaterally to treat the settlement as non est and proceed to invoke the arbitration clause.".34. what requires to be noticed is that in ..... a receipt. even though there was no discharge voucher, the purchaser contended that the payments made by it were in full and final settlement of the bills. this court rejected that contention and held that the question whether there has been a settlement of all the claims arising in connection with the contract also postulates the existence ..... party to take the benefit under the settlement and then to question the same on the ground of mistake without having the settlement set aside. in the circumstances, we think that in the instant case since the dispute or difference was finally settled and payments were made as per the settlement, it was not open to the respondent .....

AGSON Global Pvt Ltd. and Others Vs. Income Tax Settlement Commission ...

Court : Delhi

..... by the assessee within thirty-five days of the receipt of a copy of the order by him, then whether or not the settlement commission has extended the time for payment of such tax or has allowed payment thereof by instalments, the assessee shall be liable to pay simple interest at 5[one and one-fourth per cent for every month ..... amount of tax and interest thereon, on or before the date of making the application and the proof of such payment should be attached with the application. section 245c(1) stipulates that when such an application is received by the settlement commission for having the case settled, the same is to be disposed of in the manner as indicated in ..... for assessment falls in chapter xiv (in which section 154 falls) which is different from the procedure for settlement in chapter xix-a in which sections 245-c and 245-d fall. provision for levy of interest for default in payment of advance tax under section 234-b falls in chapter xvii (section f) which deals with collection and .....

Worldfa Exports Pvt. Ltd. Vs. United India Insurance Co. Ltd.

Court : Delhi

..... the receipt of the survey report or the additional survey report, as the case may be. (6) upon acceptance of an offer of settlement as stated in sub-regulation (5) by the insured, the payment of the amount due shall be made within 7 days from the date of acceptance of the offer by the insured. in the cases ..... the insurance company shall not be paid unless complete discharge is given. 5.3. no law permits the insurance company to withhold the payment of the admitted amount unless the receipt of full and final settlement is issued by the insured. 5.4. the amount assessed by the insurance company is the admitted liability of the insurance company to ..... that no arbitral claim survives under the arbitration clause of the policy on receipt of the assessed amount in full and final settlement after execution of a discharge voucher. 5. whether the insurance company can withhold the payment of the assessed amount unless a complete discharge is given. 5.1. it is well known that the insurance companies do .....

Rajat Gupta vs.rupali Gupta

Court : Delhi

..... has to be in accordance with the law, as provided under section 13b of the hindu marriage act. (3) the settlement agreement may include other terms/stipulations settled between the parties including payment of money, transfer of reference in cont.cas(c) 772/2013 and connected matters page 60 of 64 moveable/immovable ..... and fully understanding and appreciating the contents, scope and effect thereof, as also the consequences of the breach thereof, including payment of the fine/penalty, if so agreed; vii) the settlement agreement must state that the terms have been settled between the parties of their own free will, violation and consent and without ..... . there is no discussion on the legal principles governing contempt proceedings, in circumstances where an aggrieved spouse approaches the court alleging breach of the undertaking/settlement agreement/consent order/decree by the defaulting spouse. nor is there an analysis of the judicial precedents on the said subject. therefore, it cannot be .....

Yamal Manojbhai Vs. Union Of India

Court : Supreme Court of India

..... was an interlocutory application filed seeking the relief concerning the merits of the present dispute, 15 i.e.direction to respondent no.2 (customs authority) for settlement under section 127b of the customs act, 1962. 33.this approach taken by the petitioner, in my view, is unwarranted and undesirable if not malafide for ..... liable for confiscation and the penalty thereof. section 123 reverses the burden of proofs of certain specified seized goods. 14.chapter xiva contains the mechanism for the settlement of cases. 15.chapter xvi of the act lays down offences and prosecution under the customs act. this chapter imposes, as a penalty, imprisonment for certain ..... is not attracted. 26.furthermore, as discussed above, the scheme of the act involves payment of fines and/or imprisonment for offences enumerated under chapter xvi. all offences, under the act, cannot be permitted to go before the settlement commission under section 127b. this would make the legislative intent 10 behind the proviso to .....

Mr. Arun Kumar Mohta and Smt. Vs. Ganesh Commercial Co. Ltd. and

Court : Company Law Board CLB

Reported in : (2006)134CompCas500

..... 83 at page 81 and reply, anne-r-6.) b. petitioners have handed over possession of the factory land referred to in clause 3 of the settlement to a third party without making payment of compensation and thereby sought to deprive the company of its tenancy in respect of the said portion. (see: petition, pages 80-83 at clauses ..... is so for the following reasons: a. respondent no. 2 was always in management of the company (petition para 8.5, page-12, clause(b) b. family settlement of july 16, 2001 to which petitioners are parties clearly shows that the petitioners want to sell off their shareholding in the company to outsiders for valuable consideration and want ..... were being done by r-2 and r-3.petitioner received a letter from mr. p.c. aggarwala on advice of ofshri g.p. birla (who mediated family settlement) alongwith a fictitious statement regarding the sale proceeds received from sale of plant and machinery of the respondent company in the year 2001 the petitioner discovered the following on .....

Sri Ram Agencies and ors. Vs. Union Bank of India

Court : DRAT Allahabad

Reported in : I(2008)BC86

..... this tribunal by filing written reply. in the reply the bank has pleaded that the appellants filed compromise and the bank approved the same for payment of rs. 8,20,000/- as the earlier compromise proposal for settlement for rs. 5,01,073.36 approved by the bank, was cancelled vide letter dated 14th november, 2003 because of breach of the terms ..... the bank was approved. according to the appellants they were allowed 90 days' time to deposit 25% of amount of one time settlement at the earliest and also the bank asked by its letter dated 4 august, 2003 for payment of rs. 66,700.00 on the consumer loan account of miss tripti singh financed by p.b.s. branch of the ..... rs. 8,20.000/- against the total dues and the tribunal took the view that if there was another compromise for settlement of the dues for payment of rs. 8,20.000/- the same amount be paid. the appellants have challenged the order dated 10th october, 2006 passed by the d.r.t. on the ground that .....

V.J. Suraiya Vs. Additional Commissioner,

Court : Sales Tax Tribunal STT West Bengal

Reported in : (2002)127STC575Tribunal

..... of the appeal, the act, 1999 came into force on and from the 1st day of july, 1999. the conditions for settlement under the act, 1999 are that the arrear tax may ' be settled on payment of 33 per cent of the tax in dispute and/or interest in dispute or 5 per cent tax in dispute whichever is lower ..... . the petitioner, therefore, submitted an application on august 4, 1999 praying for settlement of the dispute raised in the appeal regarding assessed tax of rs ..... was finally disposed of on january 20, 2000.3. during pendency of the said application, the government of west bengal in the meantime promulgated an ordinance, west bengal sales tax (settlement of dispute) (amendment) ordinance, 1999 (hereinafter referred to as "the ordinance, 1999") which was given effect on and from 10th november, 1999. certain provisions of the act, .....

Rajni Sanghi Vs. Western Indian State Motors Ltd. and Ors.

Court : Supreme Court of India

..... parties is in respect of two properties, one umr property in rajasthan which is to be with r.k. sanghi group on account of payments made for that property under the rajasthan settlement arrived in the company case before the single judge in 1994. but that property, as per the award is to be with n.k. ..... on behalf of their respective family members. it involved passing of immovable property from one group to another as well as payment of substantial amounts of money for completing the adjustment required by way of reconstruction-cum- family settlement. the widow of n. k. sanghi, smt. uma sanghi as well as the petitioners of that company petition, mr ..... official of rajasthan state industrial development and investment corporation. in this company petition which remained pending for a number of years, ultimately a scheme of reconstruction and family settlement was arrived at between persons representing three groups i.e, a.k. sanghi, r.k. sanghi and n.k. sanghi. this scheme dated 5.9.1994 with .....