Judgment Search Results Home > Cases Phrase: payment and settlement systems act 2007 section 29 application of fine Page 4 of about 971 results (1.055 seconds)

ionik Metallics and Others Vs. Union of India and Others

Court : Gujarat

..... 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 ..... rbi is the regulatory authority of various financial entities viz., commercial banks, financial institutions, urban co-operative banks, non-banking finance companies, primary dealers, and, payment system providers etc. while there could be some similarities between these entities, the nature and function of these entities are different from each other, and therefore, it may ..... in this connection, we may profitably refer to the following observations in the three-judge-bench decision of the supreme court in the case of director of settlement, a.p vs. m. r. apparao reported in air 2002 sc 1598 while elaborating the binding nature of the judgment of the supreme court: so .....

V. Sriramulu Vs. Karur Vysya Bank Limited and ors.

Court : Andhra Pradesh

Reported in : 2006(2)ALD114; 2006(2)ALT405; IV(2006)BC222; (2006)6CompLJ558(AP); [2006]68SCL345(AP)

..... credit facility 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 had been decided to dispense with 'past due' concept with effect from march 31, 2001. accordingly, as from that date, a non-performing ..... performing any public duty. the relevant passages from the judgment are as under :merely because the reserve bank of india lays the banking policy in the interest of the banking system or in the interest of monetary stability or sound economic growth having due regard to the interests of the depositors etc, as provided under section 5(c)(a) of the .....

Payne Vs. Robertson

Court : US Supreme Court

..... there in his official character prior to the day fixed for said opening, was thereby disqualified from making a homestead entry immediately upon the lands being opened for settlement. payne, the appellant here, filed his bill of complaint in the district court for the county of logan and territory of oklahoma, first judicial district, against ..... duties of deputy marshal, complainant "had formed no purpose or intention in regard to selecting and taking a homestead when said lands should be duly opened to settlement," nevertheless it was averred elsewhere in the bill that, in reliance on certain opinions and assurances of the commissioner of the general land office and the ..... ., . . ." "will at and after the hour of twelve o'clock, noon, of the twenty-second day of april next, and not before, be open for settlement, under the terms of, and subject to, all the conditions, limitations, and restrictions contained in said act of congress approved march second, eighteen hundred and eighty-nine, and .....

In Re: Gulraj Engineering

Court : Income Tax Appellate Tribunal ITAT IT

..... . besides, there will be double charging of interest if the interest is computed up to the date of the settlement commission's order. for example, in a case of default in the payment of tax on the basis of the settlement application, the assessee will not only pay the interest at the rate of 15 per cent, under section 245d( ..... be not to permit a revision of interest when the tax is modified on an order of settlement when sub-section (1) of section 140a read with clause (a) of explanation 1 to sub-section (1) of section 234b clearly provides for payment of interest at the time of furnishing the return on the shortfall in tax on the total ..... income declared therein. besides, sub-section (4) of section 234b clearly provides for the modification of the interest payable consequent upon the order of settlement and it will not be permissible to take the .....

Basappa and anr. Vs. Shobha and ors.

Court : Karnataka

Reported in : ILR2001KAR4704; 2001(6)KarLJ87

..... 12. sri basavaraj kareddy, learned counsel appearing for the petitioners, firstly contends that the learned judges of the trial court could not have referred the matter for settlement before the lok adalat without the consent of the parties. further the learned counsel would submit that in o.s. no. 118 of 1997, the learned ..... counsel appearing for the petitioners herein had stated categorically before the learned trial judge that his client is not prepared and agreeable for such settlement. therefore, the learned counsel would submit that the members of the lok adalat could not have passed the impugned order dated 23-11-1999 awarding a maintenance ..... . the suit was posted before the court for further orders. none of the parties had filed any application before the court for referring the matter for settlement before the lok adalat. there is also no indication in the order sheet that the learned counsels representing the parties had made any request before the learned .....

Blue Star Limited Vs. K.S. Khurana and ors.

Court : Delhi

Reported in : 49(1993)DLT329; 1993(25)DRJ162; (1994)IILLJ590Del

..... .89 and it was not open to the labour court to proceed to decide the questions which stood settled including the ones relating to the payment of back wages. once a settlement is reached between the parties and this fact is brought before the labour court it is expected to respect the will of the parties and ..... bodies including the labour courts. the oral prior agreement pleaded in the application of the workmen is wholly inconsistent with the written settlement. the payment of rs. 5000.00 by way of exgratia lump sum payment is also in writing. both in the letter of the union dated 11.6.86 and the documents evidencing the exgratia lump ..... even before the -workmen had examined themselves or led any evidence whatsoever to prove their allegations in their application pleading that prior to the written settlement there was an oral agreement with regard to the payment of the back wages. (2) briefly staling the facts are as under:- (3) (i) that the management had taken certain disciplinary action .....

East Coast Breweries and Vs. Commissioner of Commercial Taxes

Court : Sales Tax Tribunal STT West Bengal

Reported in : (2006)144STC361Tribunal

..... 5 of the act, he must have known the mischief of section 14 of the said act. it may be true that the persons who are availing the settlement scheme without making any payment will be benefited by paying only 33 per cent under section 6 of the act of 1999 whereas those who will deposit more than 33 per cent of ..... section 14 of the act, 1999 is violative of article 14 of the constitution of india inasmuch as the persons who are availing of the settlement of scheme under the aforesaid act without making any payment are benefited by paying only 33 per cent of the arrear tax in dispute whereas those who deposited more than 33 per cent of the arrear ..... learned lawyer for the petitioner is that denial of refund of excess amount paid under section 14 of the settlement act is violative of article 14 of the constitution of india.the persons those are availing the settlement scheme without making any payment will be benefited by paying only 33 per cent under section 6 of the act, 1999 whereas those who .....

Buckeye Check Cashing, Inc. Vs. Cardegna

Court : US Supreme Court

..... states buckeye check cashing, inc. v . cardegna et al. certiorari to the supreme court of florida no. 04 1264. argued november 29, 2005 decided february 21, 2006 for each deferred-payment transaction respondents entered into with buckeye check cashing, they signed an agreement containing provisions that required binding arbitration to resolve disputes arising out of the agreement. respondents sued in florida ..... court or an arbitrator should consider the claim that a contract containing an arbitration provision is void for illegality. i respondents john cardegna and donna reuter entered into various deferred-payment transactions with petitioner buckeye check cashing (buckeye), in which they received cash in exchange for a personal check in the amount of the cash plus a finance charge. for each .....

Province of Bengal Vs. Midnapore Zamindari Co. Ltd. and ors.

Court : Kolkata

Reported in : AIR1945Cal341

..... perusal of the grounds of appeal specified in section 104h affords complete conviction that the entry of rent settled in the settlement rent-roll prepared under sections 104a to 104f included a decision as to liability to the payment of rent, and it will be remembered that rent is defined in section 3(13) as 'whatever is lawfully payable ..... on to strangers to the contract with the respondent chatterjee, then the recorded rent would have been the rate of payment by that respondent.14. thus the position was that if the proprietor who had granted the lease took settlement of the new touzi, the contractual rights prevailed but not otherwise. as said already, the rents in this ..... or deliverable in money or kind.' their lordships agree with the learned judges of the high court that the settlement officer is not entitled to disregard or to .....

Chanda Engineers (India) Ltd. and anr. Vs. U.C.O. Bank

Court : Kolkata

Reported in : AIR2005Cal28,[2005]125CompCas708(Cal)

..... affidavits were filed. on 6th march, 2003 bank filed affidavit-in-reply stating that d.r.t. could direct a settlement at rs. 1,03,28,917.10 and prayed for direction for payment of the above amount together with the further legal charges. on 20th march, 2003 presiding officer interpreted the scope and ambit of ..... the ledger balance and norms for n.p.a. and directed the petitioner to pay rs. 72.50 lac as final settlement amount. consequential directions were given. ..... 89 of the code of civil procedure is a special proceeding came into force with effect from 1st july, 2002 giving various modalities of settlement of disputes i.e. arbitration; conciliation; judicial settlement including settlement through lok adalat and mediation. order 23, rule 3 of the code of civil procedure has nothing to in connection with any mediation .....