Judgment Search Results Home > Cases Phrase: payment and settlement systems act 2007 section 36 protection of action taken in good faith Page 3 of about 1,024 results (0.167 seconds)

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 .....

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 .....

Kakadia Builders Pvt Ltd Vs. Income Tax Officer Ward 1(3)

Court : Supreme Court of India

..... to the parties concerned.27. the appeals are accordingly allowed. the impugned order passed by the high court and the order dated 11.08.2000 passed by the settlement commission in settlement application nos.10/s/095/95 96/it & 10/s/029/95 96/it are set aside. 12 28. we, however, make it clear that ..... commissioner of income tax, jalandhar, (2011) 1 scc1 17. so far as the decision rendered in ghaswala (supra) is concerned, the question involved therein was whether the settlement commission constituted under section 245b of the act has the jurisdiction to reduce or waive the interest chargeable under sections 234a, 234b and 234c of the act while passing the ..... appeals, is whether the high court was justified in allowing the petitions(scas) and thereby was justified in modifying the order 5 dated 11.08.2000 passed by the settlement commission.14. heard mr. r.p. bhatt, learned senior counsel for the appellants and mr. k. radhakrishnan, learned senior counsel for the respondents.15. having heard .....

Reference Under the Act Meaning thereby That It Is Certainly a Remedy ...

Court : Punjab and Haryana

..... was practiced by the management on the poor workers.their main objection, however, against the settlement dated 26.8.2008 is against sub-clause (a) and (b) of clause 5 and clause 8 of the settlement which read as under: a) payment of vrs compensation equal to 15 days salary for every completed year. salary includes basic, ..... workers union on separate papers and those workers had not even seen the settlement deed u/s 12(3) and neither they were able to understand that settlement. company also immediately paid the dues and got their signatures on full and final payment before the poor worker could ascertain the truth. in this way company committed ..... of the act makes it abundantly clear that through the intervention of the appropriate government, of cours.not directly, a very extensive machinery has been provided for settlement and adjudication of industrial disputes. in case the proposition propounded by the learned counsel for the petitioner is accepted, then the object of the government in .....

D.P. Kelkar Vs. Ambadas Keshav Bajaj and ors.

Court : Mumbai

Reported in : AIR1971Bom124; (1971)73BOMLR260; [1971(22)FLR268]; ILR1971Bom910; 1971LabIC429; 1971MhLJ69

..... of employment as regards the payment of bonus. the requirement of the section therefore that whatever remuneration is payable must be payable under the ..... act shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force or in the terms of any award, agreement, settlement or contract of service made before the 29th may, 1965'.it was therefore intended that the bonus act should have effect notwithstanding anything contained in any other laws ..... it stands to show that it refers only to contractual payment and would in the ordinary meaning of that expression include payments which it is the duty of the employer to pay whether under a contract or a statute or an award or settlement. the effect of the payment of bonus act therefore, is to introduce a further term .....

Commissioner of Income Tax Vs. Hindustan Bulk Carriers

Court : Supreme Court of India

Reported in : AIR2003SC3942; (2003)179CTR(SC)362; (2003)2MLJ65(SC); (2003)3SCC57; [2002]SUPP5SCR387

..... to be proceeded with, pay the additional amount of income-tax payable on the income disclosed in the application and shall furnish proof of such payment to the settlement commission.(2b) if the settlement commission is satisfied, on an application made in this behalf by the assessee, that he is unable for good and sufficient reasons to pay ..... 46. in the case of anjum ghaswala (supra) the main question that fell for consideration before the supreme court was whether the settlement commission has power to waive interest for non-payment or delayed payment of tax found due. the supreme court answered the question holding that the scheme contained in chapter xixa does not empower 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 fifteen per cent per annum on the amount .....

Cit Vs. Hindustan Bulk Carriers

Court : Supreme Court of India

Reported in : [2003]259ITR449(SC)

..... to be proceeded with, pay the additional amount of income-tax payable on the income disclosed in the application and shall furnish proof of such payment to the settlement commission.(2b) if the settlement commission is satisfied, on an application made in this behalf by the assessee, that he is unable for good and sufficient reasons to pay the ..... tax payable on the disclosed income and y is the interest payable thereon, on aggregate of this amount (i.e., x + y), if the time for payment is extended by the settlement commission, the assessee is also required to pay the interest on the amount of 'x + y'. that is the scheme of sub-section (2c) of section ..... the case of anjum m.h. ghaswala (supra) the main question that fell for consideration before the supreme court was whether the settlement commission has power to waive interest for non-payment or delayed payment of tax found due. the supreme court answered the question holding that the scheme contained in chapter xix-a does not empower the .....

T. Manneyya Vs. Commissioner of Settlements, Survey and Land Records a ...

Court : Andhra Pradesh

Reported in : 1992(1)ALT623

..... section 56(1)(c), the language of that portion of that section would have been different. as pointed out earlier, section 11 does not say that the settlement officer shall decide the grant of patta except recognising the right of a ryot who satisfied the requisite conditions specified therein, for the grant of ryotwari patta ..... objected by his objections dated august 29,1966 that he was already granted ryotwari patta under section 11 (a) of the act. the assistant settlement officer, nellore by which date proceedings were transferred to him, has dropped the proceedings on october 31,1972. then revision was filed against this in rp 90/ ..... the 4th respondent before the grant of ryotwari patta to the petitioner. after the disposal of the proceedings in terms of the endorsement made by the assistant settlement officer dated december 11,1962 the 4th respondent renewed his application for grant of ryotwari patta by his proceedings dated march 18, 1966, to which the petitioner .....

Sri Kotagiri Seetharamayya and ors. Vs. the Divisional Forest Officer ...

Court : Andhra Pradesh

Reported in : 1991(1)ALT630

..... section 16 of the a.p. forest act. the said venkateswara rao and others filed objections and were examined. the forest settlement officer then held that s. ramaiah's son did not produce any evidence to show payment of land revenue and cultivation by his father prior to abolition, that the land was poramboke land as per the re ..... simgamgudem village, chintalapudi taluk, west godavari district, in favour of the said s. ramaiah. the tahsildar, chintalapudi was the respondent therein and he contested the case. the director, settlements while exercising suo motu powers, however, set aside, by order dated 6-6-1964, the grant of the said patta. thereafter, the said s. ramaiah preferred a further ..... -settlement of 1956, and that in fact the land was notified under section 26 of the madras (a.p.) forest act, 1882 .....

P. Virudhachalam and ors. Vs. Management of Lotus Mills and anr.

Court : Supreme Court of India

Reported in : AIR1998SC554; JT1997(9)SC734; (1998)ILLJ389SC; (1998)IIMLJ54(SC); 1997(7)SCALE520; (1998)1SCC650; [1997]Supp6SCR263; 1998(1)LC202(SC); (1998)1UPLBEC68

..... during which they were laid-off i.e. from 8.8.1976 to 31.1.1978 and the term of the settlement under section 12(3) arrived at during conciliation proceedings restricting the payment of compensation to 67% of the permissible statutory lay-off compensation would not be binding on the appellants. accordingly, the ..... would be decided by both parties on mutual discussion in january 1980. though it was agreed under that settlement in january 1980, the workers insisted upon immediate payment of compensation and raised another dispute. consequently, the earlier settlement lost its efficacy. again the matter was referred to the conciliation officer who held negotiations. different unions ..... think it fit to sign the same. the relevant terms of the aforesaid settlement under section 12(3) of the act in connection with the payment of lay-off compensation read as under:'terms of settlement:1. it is agreed that this settlement shall be applicable to all permanent employees of the mills except(a) watchmen( .....