Judgment Search Results Home > Cases Phrase: principal interest taxes and insurance piti Court: mumbai Page 1 of about 1,685 results (0.084 seconds)

Royal Western India Turf Club Ltd. Vs. the Municipal Commissioner

Court : Mumbai

Reported in : (1963)65BOMLR742

..... account of tenant's rates and taxes and the annual average cost of the repairs and renewal and insurance of the buildings of the stations and of plant, as necessary to maintain them in a state to ensure the above receipts-this would in our view have no reference to such repair charges and other charges which are to be borne by the landlord under the statute here as well as in england-then a sum on account of the renewal of the whole of the mains, and the balance which remained ..... is the rent at which the hereditament may reasonably be expected to be let from year to year, free of all usual tenants rates and taxes and deducting therefrom the probable average annual costs of the repairs, insurance and other expenses, necessary to maintain them in a state to command such rent. ..... ; from the residue a tenant's share is subtracted, a hypothetical sum which represents what the tenant might reasonably be satisfied with for his 'profits', which will include interest on capital remuneration for his industry and compensation for risk; and the residue will be the landlord's share of rent.he made it clear that he was not proposing to restate the judicial definitions of the profits basis but was merely ..... was deducted the tenant's profits and interest on capital which the court ..... the gross receipts is ascertained, and from such amount are deducted the expense of earning such receipts, the deductions provided for by statute, interest on tenants capital and the estimated amount of tenant's profit .....

Central Warehousing Corporations Government Undertakings Vs. the Board ...

Court : Mumbai

Reported in : 2008(3)ALLMR612; (2008)110BOMLR912; 2008(4)MhLj190

..... there are serious controversies between the parties on different issues which can conveniently and appropriately be adjudicated by the high power committee in the interest of all concern and such an approach would also be in consonance with the law settled by the supreme court in ..... or a public corporate sector including all its departments to approach the high power committee constituted to examine the matter from all aspects and to grant its permission to the parties to approach the court of law or litigate for their grievances before the court of competent ..... the plea that the notices of termination dated 24.12.2005 and 21.12.2006 were not proper, the correctness of the amounts claimed either by way of rent, penalty and/or interest were denied and it was stated that the said amounts are exorbitant and without any basis. ..... the above narrated principles, it is clear that dispute of the very kind between the government and/or its various public sector undertakings were referred to the high power committee and even matters pending before the courts were directed to be referred for conciliation before the committee. ..... the supreme court has laid emphasis on a definite need for approaching this committee to avoid frivolous litigation and also to ensure that no public time and money is wasted on matters which could amicably and reasonably be settled or reconciled by the committee by exercising its power in terms of the above law ..... board, direct taxes and anr. ..... insurance corporation of india and .....

Blue Coast Hotels Limited Vs. IFCI Limited

Court : Mumbai

..... payable under the mortgage-deed or under this act, and the cost of executing necessary or proper repairs directed ..... to the application of insurance money, the receiver shall apply all the money received by him as follows, namely,- (i) in discharge of all rents, taxes, land revenue, rates and outgoings whatever affecting the mortgaged property; (ii) in keeping down all annual sums or other payments, and the interest on all principal sums, having priority to the mortgage in right whereof he is receiver; (iii) in payment of his commission, and of the premiums of fire, life or other insurances, if any, properly ..... in writing by the mortgagee; (iv) in payment of the interest falling due under the mortgage; (v) in or towards .....

Treacher and Co. Ltd. Vs. Mahomedali Adamji Peerbhoy

Court : Mumbai

Reported in : (1910)12BOMLR597

..... and all taxes and insurance ..... the land, having formed this notion, he studiously keeps it to himself, never informs the plaintiffs' solicitors that one of his main objections was the presence of those words in the deed and it is not till the written statement is declared on the 28th of august 1909 that the plaintiffs' solicitors come to know that one of the defendant's contentions was that ' he was ..... the principal terms with which we are concerned in this case are, first, that a portion of the plaintiffs' land which was sanadi land should be converted by the plaintiffs and sold by them ' as of quit and ground rent tenure free from all claims of government or municipality but subject to the payment of quit and ground rent and municipal taxes as from the date on which the sale is completed'; and secondly, that the ..... the agreement and they demand repayment of the one lac of rupees paid to the plaintiffs, adding that if the money was not immediately returned, their client would claim interest at the ..... 1,50,000 with interest thereon at 5 per cent, per annum from the 1st of october 1908 till payment-the plaintiffs in their turn to convey the premises contracted to be sold and give vacant possession thereof to the defendant.i have considered the question of costs and have come to the conclusion that the ..... of the property should be allowed to stand over for about eight months from the 1st instant, the purchasers in the meantime paying interest on the balance of the purchase money at 5 p. c. .....

Shri Laxman Khandu Shinde Vs. the Managing Director, Vasantdada Shetka ...

Court : Mumbai

Reported in : III(2004)ACC644; 2005ACJ1387; 2004(4)ALLMR323; 2004(4)BomCR524; (2005)107BOMLR893; [2005(104)FLR242]; 2004(4)MhLj816

..... on a perusal of the judgment and order of the commissioner, i find that the commissioner has rightly concluded that the karkhana is entitled to recover the compensation paid by them to the deceased as principal employer from the insurance company. ..... the commissioner came to the conclusion that the karkhana is entitled to be indemnified by both the contractor, that is the appellant herein, and the insurance company and that the insurance company were jointly and severally liable to indemnify the karkhana. ..... the defence taken by the insurance company was that they were not liable to indemnify the appellant since the karkhana as a principal employer had already deposited the amount ..... the main grievance made in the appeal is that when admittedly the truck was insured and the policy covered the driver, the karkhana ought to have been indemnified only by the insurance company and not by the appellant. ..... 45,000/- which has already been paid by the appellant to the karkhana and further the insurance company be directed to pay the balance amount of rs. ..... ingale, learned advocate for the appellant, if the vehicle is insured, the liability and responsibility is cast on the insurance company to indemnify the karkhana. ..... the insurance company shall also pay interest as awarded by the commissioner to the karkhana as there is nothing on record to indicate that the insurance policy did not cover the liability towards payment of interest. ..... 62,588/- alongwith 9% simple interest from 1.4.1992 till the deposit. .....

Indian Hotels Co. Limited, a company Incorporated under the Companies ...

Court : Mumbai

Reported in : 2005(5)BomCR163; [2005(107)FLR773]

..... the deputy regional director also invited the attention of the first petitioner to regulation 40 of employees state insurance (general) regulations, 1950 (for short 'regulations of 1950') and stated that if a person has paid the contributions under erroneous belief that they were payable, it can be refunded if the application to that effect is submitted in writing to ..... court held that section 78(2) does not delegate any power to the government to make rules but only requires the insurance court to follow such procedure as may be prescribed by rules made by the state government which rules can only ..... respondents that 'ali' required to be paid by the first petitioner by way of additional remuneration under the settlement dated 24.06.1985 is dependent upon the attendance of the employer in a month and that if the employee has attended the duty only for 8 days, 10 days or 15 days in a month, as the case may be, his salary in that month may not ..... 40 in exercise of powers under section 97 of the act of 1948, the right of refund of the tax paid by mistake cannot be curtailed by providing lesser period of limitation than provided in the limitation act, 1964.7. ..... provides for principal employer ..... under erroneous belief that the contribution were payable by the person under the act may be refunded without interest by the corporation to that person. ..... what is principally contended by the learned counsel for the petitioners is that under section 97 of the act of 1948 the regulations can be made by .....

LandT Finance Limited Vs. M/s. Saumya Mining Ltd and Others

Court : Mumbai

..... subject or context, (2) "borrower" means a person to whom a loan is advanced and includes a successor-in interest or surety ; (4) "commercial loan" means a loan advanced to any person to be used by such person loosely for the purposes of any business of concern relating to trade, commerce, industry, mining, planting, insurance, transport, banking or entertainment, or to the occupation of wharfinger, warehouseman or contractor or any other venture of a mercantile nature, whether as proprietor or principal or agent or guarantor; explanation. ..... excess of the principal paid or payable to a lender in consideration of, or otherwise in respect of a loan whether the same is charged or sought to be recovered specifically by way of interest or otherwise, but does not include any sum lawfully charged by a lender in accordance with the provisions of this act or any other law for the time being in force for or on account of costs, charges or expenses: (9) "lender" means a person who advances a loan and includes a moneylender ..... ; (e) 'non-banking institution' means a company, corporation, or cooperative society; (f) 'non-banking financial company' means (i) a financial institution which is a company; (ii) a non-banking institution which is a company and which has as its principal business the receiving of deposits, under any scheme or arrangement or in any other manner, or lending in any manner; (iii) such other non-banking institution or class of such institutions, as the bank may, with .....

Employees State Insurance Corporation and anr. Vs. Goa Bottling Co. Pv ...

Court : Mumbai

Reported in : 2006(6)BomCR524

..... employer on the premises of the factory or establishment or under the supervision of the principal employer or his agent on work which is ordinarily part of the work of the factory or establishment or which is preliminary to the work carried on in or incidental to the purpose of such factory or establishment and the object of employees state insurance act is to make principal employer primarily liable for the insurance of any kind of employees even casual employees whether they are in the work or ..... the learned counsel for the appellant submitted that it was an established and admitted position that the employees doing loading and unloading work were doing the work of establishment and, therefore, would be covered under the definition of 'employees' in terms of section 2(9) of employees state insurance act and, therefore, applying the relevant test of trial of activities of loading and unloading and the employees doing said work, would come within the purview of definition of 'employees' ..... payments of contribution on items of which employer is not in a position to bifurcate labour charges vis-a-vis material charges therefore, it is obvious that in the present case the amount due towards loading and unloading would never come within the purview of impugned circular, as it is the respondents' own case that independent arrangement for separate billing was made. ..... 1983 to 1990 plus interest amounting to rs. ..... that levy of interest @ 15% p.a. ..... interest ..... 1987 to march 1990 with interest of rs. .....

Prakash Chandumal Khatri and Another Vs. Suresh Pahilajrai Makhija and ...

Court : Mumbai

Reported in : II(1992)ACC471; 1992ACJ369; AIR1991Bom365; 1991(93)BLJR397; 1991(1)MhLj034

..... this behalf, the governing factor for determining the application of the appropriate law is not the date on which the policy of insurance came into force but the date on which the cause of action accrued for enforcing liabilityarising under the terms of the policy ..... 15,000/- as compensation on the principle of no fault liability within two weeks and failing which to pay the sum with interest at the rate of 12% per annum from the date of the order till ..... consider to be a reasonable manner in which to understand and interpret the contract of insurance entered into by the insured and the insurer in this case. ..... since the liability of the insurer to pay a claim under a motor accident policy arises on the occurrence of the accident and not until then, one must necessarily have regard to the fact of the law obtaining at the time of the accident for determining the extent of the insurer's liability under a statutory ..... the supreme court noted that the insurance policy came into force on june 30, 1969 and covered the period from june 30, 1969 to june ..... case before the supreme court, the claim under section 110a of 1939 act was filed and the insurance company pleaded that the liability of the insurer was only to the extent of rs. ..... raised by the insurance company found favour with the tribunal and by order dated july 26, 1990, the respondents were directed to pay jointly and severally only rs. ..... time of securing the policy, the liability of the insurance company was limited by statute to a sum of rs .....

Satish Solvant Extractions Private Limited Vs. the New India Assurance ...

Court : Mumbai

Reported in : AIR1996Bom293; 1996(2)BomCR695; (1996)98BOMLR968

..... section 34 provides:'(1) where and in so far as the decree is for the payments of money, the court may, in the decree, order, interest at such rate as the court deems reasonably to be paid on the principal sum adjudged, from the date of the suit to the date of the decree, in addition to any interest adjudged on such principal sum for any period prior to the institution of the suit, with further interest at such rate not exceeding six per cent per annum, as the court ..... there is nothing in the insurance policy or there is nothing on record that there was an agreement in between plaintiff and the defendant that defendant shall pay interest if the amount is not paid. ..... the appellant had filed a suit against the respondent-insurance company for recovery of a sum of rupees 51,500/- by way of damages on account of destruction of its boiler house by fire. ..... the claim was not accepted by the respondent-insurance company who estimated the loss at rs. ..... it has come in the evidence that the defendant insurance company sent voucher for rs. ..... 51,500/- from the respondent-insurance company by way of damages to its boiler house by fire. ..... 1982 was insured with the respondents-insurance company for rupees 54,000/-. ..... the appellant lodged a claim with the respondent-insurance company for a sum of rs. .....