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Judgment Search Results Home > Cases Phrase: payment and settlement systems act 2007 section 29 application of fine Sorted by: recent Court: mumbai Page 1 of about 58 results (0.104 seconds)

Dec 01 2016 (HC)

Shakti Yezdani and Others Vs. Jayanand Jayant Salgaonkar and Others

Court : Mumbai

..... or not the respondent who is a daughter of the deceased testator is entitled to file and maintain a caveat. the learned single judge noted that a settlement was suggested which was nearly reached. the learned single judge has noted the only contentious issue related to some of the investments of the deceased. the ..... done in this case. these sections are completely different from section 39 of the insurance act set out (supra) which require a nomination merely for the payment of the amount under the life insurance policy without confirming any ownership rights in the nominee or under section 30 of the maharashtra cooperative societies act which allows ..... done in this case. these sections are completely different from section 39 of the insurance act set out (supra) which require a nomination merely for the payment of the amount under the life insurance policy without confirming any ownership rights in the nominee or under section 30 of the maharashtra cooperative societies act which allows .....

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Nov 21 2016 (HC)

M/s. Auto Creaters Vs. Union of India and Others

Court : Mumbai

..... is the commissioner of customs, nashik and respondent no.3 is the commissioner of customs (import), nhava sheva, uran, raigad 400 707. respondent no.4 is the settlement commission, additional bench, customs and central excise, mumbai, who has passed the impugned order. all the above authorities viz. respondent nos.2 to 4 exercised powers and ..... a one-time tax evader or an unintending defaulter from making a clear breast of his affairs and unnecessarily strain the investigation resources of the government. the settlement machinery was thus meant for providing a chance to a tax-evader who wants to turn over new leaf as recommended by the direct taxes inquiry committee ..... additional amount of customs duty accepted by him along with interest due under section 28-aa; provided further that no application shall be entertained by the settlement commission under this sub-section in cases which are pending in the appellate tribunal or any court. provided also that no application under this sub-section .....

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Nov 15 2016 (HC)

Maharashtra State Electricity Distribution Company Limited and Others ...

Court : Mumbai

..... same to any institution or centre for conducting such conciliation. if such conciliation initiated under sub-section (2) is not successful and stands terminated without any settlement between the parties, sub-section (3) empowers the council to either itself take up the dispute for arbitration or refer it to any institution or centre ..... petitioners directing them to file their reply to the reference. 2.5 during the pendency of the reference, on 16 june 2016, the interest on delayed payments act was repealed by the small enterprises act which made appropriate provisions for small scale and ancillary industrial undertakings. the council was redesignated as micro and small ..... was issued to the respondent. pursuant to the letter of award, the petitioners placed ten purchase orders on the respondent. the contract between the parties stipulated payment of 100% value of the contract by account payee cheque within 60 days from the date of receipt of the entire quantity as per the monthly delivery .....

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Oct 07 2016 (HC)

Reliance Communications Limited

Court : Mumbai

..... have taken the view that sstl has a liability and is required to pay for contiguity approvals, including making a security deposit. this was taken up before the telecom disputes settlement and appellate tribunal, new delhi ( tdsat ), which held against the dot. the matter regarding contiguity has been carried higher. that is where it stands today. clearly, ..... accepted or it will be rejected. there is a financial implication to both. in the event of dot s stand being accepted, there is question of making certain payment. the converse is also true, if the dot s stand is not accepted then the question of liability for contiguity approvals will not arise. the scheme is being ..... eod and merger agreement an apprehension that rcom would have to pay us$300 million to sstl s foreign parent. that issue has been addressed. no question of payment to the foreign parent is contemplated under the scheme. 30. there are finally a number of statements i will not even call them objections made by mr. mehta .....

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Sep 30 2016 (HC)

Mahesh Shivpad Gavane and Others Vs. State of Maharashtra and Others

Court : Mumbai

..... further investigation was carried out. earlier orders show that an effort was made by the division benches of this court to bring about the settlement between the petitioners and the first informant. however, there could not be any settlement. 8. continuation of the criminal proceedings against the first petitioner will be nothing but abuse of process of law. therefore, this is a .....

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Sep 19 2016 (HC)

J.V. Gokal Charity Trust and Others Vs. Contrex Pvt. Ltd. and Others

Court : Mumbai

..... particular object of the trust; (f) a direction authorising the whole or any part of the trust property to be let, sold, mortgaged or exchanged; (g) the settlement of a scheme or variations or alterations in a scheme already settled; or (h) granting such further or other relief as the nature of the case may require: ..... deputy or assistant charity commissioner shall record his findings with the reasons therefor as to the matter mentioned in the said section, and may make an order for the payment of the registration fee. 21. entries in register (1) the deputy or assistant charity commissioner shall make entries in the register kept under section 17 in accordance ..... to be quite beside the point. that relating-back, as i have noted, is only to save the intervening acts (of preservation and maintenance of the estate, say, payment of taxes, etc.) from invalidation. the executors could not have been sued qua executors till they obtained probate, and that was only on 13th december 2007. at that .....

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Sep 16 2016 (HC)

Under Water Services Company Limited and Others Vs. Union of India and ...

Court : Mumbai

..... proceeded with. we, therefore, think that it was not correct on the part of the of the settlement commission (the majority view) to reject the settlement applications of the petitioners on the ground of non payment of any admitted duty and interest as required under section 127b. 16. as far as the findings of ..... classified under the respective cth. in view of the above, the other two members rejected the settlement applications of the petitioners for not making proper disclosures amounting to non-co-operation in the proceedings and non-payment of any admitted duty and interest as required under clause (c) to the 1st proviso to ..... and contrary to the record. he submitted that once the settlement commission, being satisfied with the explanation given by the petitioners regarding payment of duty and interest and allowing the settlement applications to be proceeded with, could not turn around and reject the settlement applications on the specious ground that the petitioners were guilty of .....

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Sep 07 2016 (HC)

Zulash Clearing and Shipping Agency Vs. Secretary, The Clearing and Fo ...

Court : Mumbai

..... . the union had demanded the payment of arrears at the revised rate. the petitioner, however, did not respond to the demand of the union. the union made a grievance through a representation to the board, the signing party to the settlement. the board was aware that there was no final settlement took place for the arrears. ..... workers and make provisions for their general welfare and safety. c) section 2(p) and 18 of the id act, reads thus: 2(p). settlement means a settlement arrived at in the course of conciliation proceeding and includes a written agreement between the employer and workmen arrived at otherwise than in the course of conciliation ..... and/or the mathadi act should prevail over the provisions, including the schemes and therefore, the board has jurisdiction to pass such order, contrary to the settlement against the petitioner by imposing even penalty interest is unacceptable. both the orders passed by the authorities, have not dealt with this aspect of jurisdiction and their .....

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Aug 30 2016 (HC)

Sonal Deepak Shah and Others Vs. M/s. Rachana Developers and Marketing ...

Court : Mumbai

..... to the judgment debtor to pay an amount of rs.90,00,000/- in two instalments of rs.45,00,000/- each in full and final settlement of the plaintiff's claim. on failure of such payment, the order provided for the entire decretal amount becoming due and the decree being liable to be executed on that basis. the case clearly comes ..... aside the sale, the parties entered into a compromise with the leave of the court. the compromise inter alia provided for deposit of a certain sum in full and final settlement of the decree by a particular date and in default, for confirmation of the sale. the judgment-debtors failed to deposit the amount in terms of the compromise order, and ..... were taken on record and the motion was disposed of in its terms. the consent terms provided for payment of a sum of rs.90 lacs in two installments of rs.45 lacs each by the defendants to the plaintiff in full and final settlement of the suit claim, the first installment becoming payable on or before 20 december 2015 and the .....

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Aug 25 2016 (HC)

Satco Capital Markets Ltd. Vs. Rahul H. Bajaj

Court : Mumbai

..... and its immediate effect on the transactions and their respective obligations. in view of the member-client agreement, the constituent (respondent) is required to make the payment of daily margin, settlement fees, brokerage, commission and other charges. both the parties are aware that in case of such default, the member, (the appellant) is entitled to ..... by the arbitrator and the courts, before considering the settlement or disputes between the parties, governed by the stock exchange rules and regulations, apart from early and timely decision. the early disposal and timely completion of respective obligations ..... of the asset, always have a direct impact on the investment strategy. 20. cash/margin trading , trigger point , pay in-pay out on the day , the settlement on second working day from the day of trading (t+2 basis) , day traders , hedgers , all these terms and its effect are required to be noted .....

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