Judgment Search Results Home > Cases Phrase: payment and settlement systems act 2007 section 36 protection of action taken in good faith Court: delhi Page 1 of about 154 results (0.261 seconds)

Ritu Jain vs.the State Through Standing Counsel & Anr

Court : Delhi

..... respectively) were summoned by the metropolitan magistrate by order dated 19.05.2015, on the accusations of offence punishable under section 25 read with section 27 of the payment and settlement systems act, 2007. it appears that in the said criminal complaint, the second respondent (the complainant) had, inter alia, mentioned the name of one manish kumar ..... said relative. the fact, however, remains that she is the proprietor of the business. in these circumstances, the provision contained in section 27 of the payment and settlement systems act, 2007 stands attracted. since the proprietor of a business of such nature has to be assumed to be the person in charge of and responsible for ..... the conduct of its business, she cannot escape the prosecution for the offence under section 25 of the payment and settlement systems act, 2007, it being a matter of logical inference that the instruments with instructions for crl. m.c. no.555/2016 page 8 of 11 .....

Rajeev Gautam vs.the State (Govt. Of Nct) & Anr

Court : Delhi

..... ), the petitioner has been summoned as accused, by order dated 25.07.2018 of the metropolitan magistrate, to answer the accusations of offence under section 25 of the payment and settlement systems act, 2007. the electronic fund transfer which is the subject matter of the said complaint was statedly initiated against the account of company m/s macroof india pvt. ..... that he has been wrongly shown in the complaint as director of the company he having resigned way back; the electronic clearing system was not initiated by him or with his consent; and that the responsibility for the payment was of the company accused or of mr. vivek kumar sharma also shown in the array.3. the petitioner through counsel ..... to the said company, and to the crl. m.c. no.4667/2018 page 1 of 2 petitioner, as also one another (vivek kumar sharma), but no payment was made in response thereto.2. the petitioner has come up with the petition at hand invoking the inherent powers of this court under section 482 of the code of .....

Idea Mobile Commerce Services Limited vs.aditya Birla Idea Payments Ba ...

Court : Delhi

..... up by the transferor company. the transferor company has also been granted certificate of authorisation dated 25th november 2013 by rbi under section 7 of the payment and settlement systems act, 2007 to operate payment system for semi-closed prepaid payment instruments (ppi) in india. under the said authorization, the customers can avail wallet services using ppi except cash withdrawal. the transferor company, under ppi, is ..... offering multiple services like mobile & dth recharges, utility bill payments and money transfer to any bank accounts across the country. b) the transferee company has been incorporated to .....

Ritu Jain vs.state & Anr.

Court : Delhi

..... titled as deepak jain huf vs. m/s.shrey overseas & ors. vide order dated 19th may, 2015 for an offence punishable under section 25 read with section 27 of the payment and settlement systems act, 2007 (in short the act). pursuant to the summons when the petitioner did not appear, bailable warrants were issued returnable on 13th august, 2015. the petitioner did not .....

Ashapura Minechem Ltd. Vs.union of India and Ors.

Court : Delhi

..... the securitisation and reconstruction of financial assets and enforcement of security interest act, 2002, the sick industrial companies (special provisions) repeal act, 2003, the payment and settlement systems act, 2007, the limited liability partnership act, 2008, and the companies act, 2013.5. the code seeks to achieve the above objectives. (emphasis ..... such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the priority of payment of government dues and to establish an insolvency and connected therewith or bankruptcy fund, and matters incidental framework for timely resolution of insolvency ..... such persons, to promote entrepreneurship, availability of credit and balance the interest of stakeholders including alteration in the order of priority of payment of government dues and to establish an insolvency and bankruptcy board of india, and for matters connected therewith and incidental thereto.16. recently .....

Delhi Cloth Mills Limited Vs. Lt. Governor

Court : Delhi

Reported in : 1997VIAD(Delhi)565; 71(1998)DLT70; 1997(43)DRJ525

..... in doing so he would be free to seek police help in evicting all employees provided the management of the petitioner company makes payment through the receiver as per its obligations under the aforesaid settlement dated 1.2.1989 and addendum thereto dated 8.2.1989. further in all cases where any employee or employees refuse to ..... clear that the company can pay that additional compensation only if it is allowed to redevelop the area for flatted factories and group housing complex. the said settlement was filed in the aforesaid writ petition where after the writ petition was allowed and a direction was given to delhi administration to consider the company's application ..... accept the payment when tendered, the company should deposit that amount in this court which will be held to the credit of that employee and .....

Ved Parkash and ors. Vs. Ram NaraIn Goyal and ors.

Court : Delhi

Reported in : AIR1977Delhi47; 13(1977)DLT301; (1977)ILLJ101Del

..... act as it is not in the form prescribed by rule 58, nor any other provision of the statute to make it a settlement under the industrial disputes act. the question of payment of retrenchment compensation arises only if the retrenchment is in accordance with i.e. retrenchment is made in accordance with the provisions ..... be claimed under the industrial disputes act, does not mean that the rights claimed or the settlement of payment is in view of the obligations created by the industrial disputes act. it is true that the terms of settlement talked of retrenchment compensation, but this straightaway does not lead to the conclusion that it was ..... new delhi through its secretary or other responsible office bearer shall be entitled to have this settlement implemented in accordance with the provisions of the said act, the parties also agreed that in case of any dispute regarding payment, non-payment, fixation of liability in case of default or any other connected matter, such dispute shall be .....

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 .....

Vipul Medcorp Tpa Pvt. Ltd. and ors. Vs. Central Board of Direct Taxes ...

Court : Delhi

..... 194j, there is no stipulation that the professional services have to be necessarily rendered to the person who makes payment to hospital. therefore tpas who are making payment on behalf of insurance companies to hospitals for settlement of medical/insurance claims etc under various schemes including cashless schemes are liable to deduct tax at source under ..... error or transgression by the impugned circular to section 194j of the act. the circular stipulates that when a payment is made by tpa on behalf of the insurance company to the hospital for settlement of professional fees under the various claims including cashless claim, it would be liable to deduct tds under section ..... 194j of the act on all such payments. 12. the contention raised by the petitioners, however, is that the respondent no. .....

Marathwada Alloy Steels Co. Ltd. Vs. Union of India and ors.

Court : Delhi

Reported in : 1995IVAD(Delhi)1040; [1998]91CompCas419(Delhi); 61(1996)DLT548; 1995(35)DRJ507

..... not like to associate itself with the rehabilitation of the company because of the following reasons: (i)bankof maharasthra had no confidence in the existing management. (ii)no specific settlement had been arrived at in respect of their dues from bda investment - another group company. (iii)details of the duties from jhalani tools were not furnished. (iv) ..... it will not be open to the bifr to reject the same as wholly unwarranted. after all, when a nationalised bank is asked to give concessions in regard to payment of interest or principal, it has to consider whether public monies, - of which it is in the position of a trustee - can be frittered away for the ..... based on the demand of the company's products from this one source, particularly from the point of view of the capability of the jhalani tools to ensure timely payments of bills raised. c.based on the conditionalities of bom, the revised requirement of the promoters' contribution should be worked out. d.considering the stand taken by .....