Judgment Search Results Home > Cases Phrase: seaward artillery practice act 1949 Court: delhi Page 2 of about 503 results (0.048 seconds)

Punjab National Bank Vs. S.K. Poddar

Court : Delhi

Reported in : (2003)ILLJ757Del

..... these paras, to the extent relevant, read as under:- '(2) as from the date which the central government may specify for this purpose under sub-section )(7) of section 45 of the said act (hereinafter referred to as the prescribed date) all rights, powers, claims, demands, interests, authorities, privileges, benefits, assets and properties of the transferor bank, movable and immovable, including premises subject to all incidents of tenure and ..... on a perusal of the provisions of the banking regulation act 1949, we are unable to hold that the control exercised by the reserve bank amounts to deep and pervasive state ..... letters patent appeal field under clause 10 of the letters patent read with section 10 of the delhi high court act, 1966, is directed against the order of the learned single judge dated january 4, 1999 passed in cwp no. ..... order to appreciate the submissions of the learned counsel for the parties it will be necessary to refer to paras (2) and (10) of the scheme of amalgamation notified by the central government under section 45 of the banking regulations act, 1949. ..... december 18, 1986, the hindustan commercial bank limited was amalgamated with the punjab national bank by means of a notification issued by the central government under section 45 of the banking regulations act, 1949. ..... you were placed under suspension w.e.f 18.3.1985 in view of the various acts of misconduct amounting to gross negligence in the discharge of your duties which were detrimental to the interest of the .....

Reckitt Benckiser (India) Ltd. Vs. Hindustan Lever Limited

Court : Delhi

Reported in : 151(2008)DLT650; 2008(38)PTC139(Del)

..... of the code of civil procedure 1908 (cpc) in respect of the present suit, being a suit for permanent injunction and damages for disparagement and unfair trade practices, which is specifically covered by the provisions of the monopolies and restrictive trade practices act 1969 (hereinafter referred to as the said 'mrtp act') and the consumer protection act, 1986 (hereinafter referred to the 'consumer act') and consequently, their cognizance is expressly barred. ..... proper forum.the learned counsel referred to the provisions of section 36a(1)(x) of the mrtp act which defines unfair trade practice to mean a trade practice which, for the purpose of promoting the sale, use or supply of any good or for the provision of any services, adopts any unfair method or unfair or deceptive practice, inter alia, including the practice of making any statement, whether orally or in writing or by visible representation, which gives ..... of civil procedure, 1908 (hereinafter referred to as the 'cpc') in respect of the present suit, being a suit for permanent injunction and damages for disparagement and unfair trade practices, which is specifically covered under the provisions of the monopolies and restrictive trade practices act, 1969 (hereinafter referred to as the 'mrtp act') and the consumer protection act, 1986.14. ..... 4 relates to the reserve bank of india act, 1934, the banking regulation act, 1949, the state bank of india (subsidiary banks) act, 1955 and insurance act, 1938, none of these are in issue .....

Kanta Mehta Vs. Union of India and Others

Court : Delhi

Reported in : [1987]62CompCas769(Delhi)

..... , reference may be made to the high powered expert committee's report on the companies act and the monopolies and restrictive trade practices act which was submitted in 1978 and the legislation incorporating those recommendations was passed only in 1984 ..... , the banking regulation act, 1949 (to be called 'the 1949 act'), was enacted with the objective, inter alia, of protecting the interests ..... the absence of facilities to withdraw by cheque and drafts, the definition of 'banking' in the 1949 act applies to the activities carried on by the petitioners excepting, of course, that they have no cheque ..... now, 'banking' is defined in the banking regulation act, 1949 to mean accepting deposits for the purposes of lending or investment of deposits of money from the public repayable on demand or otherwise and withdrawal facilities by cheques, ..... there , the challenge was made to section 38 of the banking companies act, 1949, which requires the court to make an order on the winding up of the company if an application for the same was made by the the reserve ..... but this argument completely ignores the historical perspective which shows that right from 1949 onwards, there has been a sustained attempt to control the menace of unrestricted deposits being accepted by various institutions including companies and attempts have been always made to see that while receiving of the ..... section 5(b) of the 1949 act defined banking to mean, acceptance, for the purpose of lending or investment, of deposits of money .....

Delhi High Court Bar Association and Another, Etc. Vs. Union of India ...

Court : Delhi

Reported in : 1995IAD(Delhi)1238; AIR1995Delhi323; II(1995)BC42; [1998]92CompCas849(Delhi)

..... the court noted that it was clear from the rules that the high court was practically reduced to the position of a transmitting authority of the lists of suitable candidates for appointment prepared by the selection committee and that the only discretion left to the high court was to refuse to ..... 5 of the banking regulation act, 1949 (10 of 1949); (g) 'debt' means any liability (inclusive of interest) which is alleged as due from any person by a bank or a financial institution or by a consortium of banks or financial institutions during the course of any business activity undertaken by ..... he appeared in cases involving civil laws and banking laws during the period he was practicing in the gwalior bench of the madhya pradesh high court and the district courts. ..... he says that during the period of his practice he was engaged by several parties in civil litigation and that he was also a standing counsel for agricultural produce marketing committee, dabra, gwalior, from 1st january, 1975 till he ..... during which he was serving as assistant district attorney or district attorney or he was a government pleader and a public prosecutor, and in that capacity he was required to act or plead in courts on behalf of the government, and that period during which he continued in service as such he would be deemed to be a practicing advocate. mr. ..... enrolled as an advocate in the madhya pradesh high court (gwalior bench) on 7th february, 1972 and was practicing there till he joined as a prosecutor in delhi. .....

In Re: Jvg Leasing (Securities and Finance) Ltd. and ors.

Court : Delhi

Reported in : [2008]144CompCas780(Delhi); (2006)2CompLJ242(Del); [2007]79SCL541(Delhi)

..... subsequently, non-banking non-finance companies directions 1967 and miscellaneous non-banking companies (reserve bank) directions 1977 were also issued to curb the practices of certain companies whereby these companies started collecting funds from public by way of subscription to various chit or benefit schemes, a device adopted to skip ..... the non-banking companies, which were not covered by the banking regulations act, 1949, started accepting deposits from the public in a big way. ..... amendment act 1997 were taken to suppress certain dubious practices being adopted by such nbfcs while accepting deposits from the public, as can be gleaned from the statement of objects and reasons appended to the amendment act, which reads as under:-'act 23 of 1997:- the activities of the non-banking institutions and unincorporated bodies receiving deposits are regulated in terms of the provisions of chapters iii-b and iii-c of the reserve bank of india act, 1934 ..... 39 it brought to the foray the dubious practices which such companies could adopt by serving as ..... considered that it would not be a sufficient safeguard and, thereforee, provided for extreme measure of winding-up of these companies as the solution for checking the menace of dubious practices which could be adopted by these companies. ..... is approved by the shareholders and creditors, at the time of second motion the court is to examine whether such a scheme is to be approved and in the process consider the viability/practicability of the scheme. .....

Mst. Mastura Sultan and ors. Vs. Dy. Custodian Gen. of Evacuee Propert ...

Court : Delhi

..... for or in any state any proceeding under section 8 or section 30 of the administration of evacuee property ordinance, 1949 (12 of 1949), or under any other corresponding law repealed by the administration of evacuee property ordinance, 1949 (12 of 1949), or under any other corresponding law repealed by the administration of evacuee property ordinance, 1949 (27 of 1949), then notwithstanding anything contained in this act or in any other law for the time being in force, such proceeding shall be disposed of as if the ..... 7th day of may, 1954, shall, unless he came to india under a valid permit for permanent return or for permanent resettlement, issued under the influx from pakistan (control) act, 1949 (23 of 1949), be deemed to have been resident in pakistan on the 7th day of may, 1954, within the meaning of clause (b) of the first proviso.8. ..... for quashing the order dated 26th may, 1982 passed by the custodian general of evacuee property dismissing their revision petition under section 27 of the administration of evacuee property act, 1950 (hereinafter referred to as the evacuee act, 1950, for short) and upholding the order dated 14th february, 1980 passed by the assistant custodian (judicial), inter alia, holding that the property in their occupation ..... where a corporation does an act under statutory powers which do not prescribe the method, and that act invades the rights of others, the burden is on the corporation to show that there was no other practical way of carrying out .....

Amarjit Singh Vs. Punjab National Bank and Others

Court : Delhi

Reported in : [1987]61CompCas153(Delhi); [1987(54)FLR261]; (1986)IILLJ354Del

..... the areas in which an employer may still dispense with the services of an employee in industrial law, without inviting the legal or judicial odium that the action was illegal, amounts to dismissal or removal, or is an act of victimisation, or constitutes an unfair labour practice, or could not be taken without giving to the employee a reasonable opportunity of being heard where does one draw the line between permissible 'termination simplicities' and an action which is stigmatic or punitive how far ..... provisions which can be said to be the genesis for the establishment of the public sector and determine its true role and importance as also the scheme and some of the provisions of the banking regulation act, 1949, the banking companies (acquisition and transfer of undertakings) act, 1970, and the relevant service regulations applicable to the petitioner. 16. ..... the banking regulation act, 1949, which before its amendment in 1965, was known as the banking companies act, is an act to consolidate and amend the law relating to ..... variety of principles have been evolved in industrial jurisprudence with a view to ensure humane conditions of service, proper conditions of work, a fair wage, job security and freedom from victimisation, mala fide action and unfair labour practices, for a class of working people not only in their interest but also larger public interest and the interest of industrial peace to ensure unimpeded production with a view to ensure accelerated industrial development. .....

Anil Agarwal and Others and Vinod Kumar and Others Vs. the Institute o ...

Court : Delhi

Reported in : 2000IVAD(Delhi)104; AIR2000Delhi320; 2000(54)DRJ415

..... the regulations the functions of the regional councils are subject to the control, supervision and direction of the central council but under the scheme of the chartered accountants act & the regulations made there under & as per the practice prevalent, it has become the sole prerogative of the 9 elected members of the regional council to elect its office bearers. ..... on nirc of the institute of chartered accountants of india have powers to pass a no confidence motion against an elected office bearer and such and action is within the framework of the chartered accountants act, 1949 (hereinafter referred to as 'the act') and the regulations framed thereunder. ..... the paragraphs on merits the deponent desires to make the following submissions :- (i) the institute of chartered accountants of india (hereinafter referred to as 'institute') is a body corporate incorporated under the chartered accountants act, 1949 ( hereinafter referred to as `the act') for carrying out the object of regulating the profession of chartered accountants under the provisions of the said act. ..... urged that since a pradhan is elected by all the members of the gram sabha he could be removed only if he had lost the confidence of the members who had elected him and section 14 of the act which provides for removal of a pradhan by members of the gram panchayat is unconstitutional and void since it is destructive of the democratic functioning of the panchayats which are part of the local administration of the village .....

icai Accounting Research Foundation and anr. Vs. Director General of I ...

Court : Delhi

Reported in : (2009)226CTR(Del)27; [2010]321ITR73(Delhi); [2009]183TAXMAN462(Delhi)

..... the chartered accountants act, 1949 was enacted by the parliament with the purpose of regulating the profession of chartered accountants. ..... of retail and institutional investors use of accounting information.effect of accounting information in published annual reports on movement in share prices.considerations in deciding accounting policies by listed companies.current accounting practices of local bodies and panchayats.current risk management practices by indian companies.current risk management practices by banking companies and financial institutions.fiscal law administration concept of accountability.taxation of e-commerce business.the structure of accounting profession in india its future in wto regime.accounting standards ..... during the past few years, the other projects and the nature of research conducted by the petitioner foundation included the following:(a) corporate financial communications; trends and practices of business groups in india.this research project seeks to ascertain observable trends in corporate financial reporting practices of companies in india (including mnc's operating in india) to establish how efficiently, clearly and transparently the performance is reflected in the audited financials, is communicated to shareholders and other stakeholders through ..... in the implementation of the fund based accrual system, the petitioner foundation also assisted mcd in introducing best practices which are being followed in leading municipal corporations world over.14. .....

Universal Music India Ltd. and anr. Vs. Union of India (Uoi)

Court : Delhi

Reported in : [2008]87SCL51(Delhi)

..... always open to the effected party to come to court and challenge the subjective decision by invoking the rule enunciated in the barium chemicals limited case (supra); (ii) sub-section 5 of section 399 of the companies act empowers the central government before authorising any member or members as contemplated by sub section 4 to require the applicant or applicants to give security for the payment of any costs which the court dealing with the application ..... , there is a lis and prima facie and in the absence of anything in the statute to the contrary it is the duty of the authority to act judicially and the decision of the authority is a quasi-judicial act; and(ii) that if a statutory authority has power to do any act which will prejudicially affect the subject then, although there are not two parties apart from the authority and the contest is between the authority ..... trade reported in the times of 2nd february; [1978] (3) wlr 73 when it was observed that new shareholders often in practice had little control over their company's affair, the directors were often 'a self-perpetuating hierarchy'. ..... er 274 to point out the difference between suspension which is inflicted by way of punishment, as for instance when a member of the bar is suspended from practice for six months when principles of audi alteram partem would mandatorily apply ..... occasion to consider the nature of functions of the government in establishing a corporation under the provisions of bombay provincial municipal corporation act, 1949 .....