Judgment Search Results Home > Cases Phrase: sick industrial companies special provisions act 1985 chapter i preliminary Court: chennai Page 22 of about 220 results (0.142 seconds)

The Dy./Asst. Commissioner of Vs. Shri C. Krishnan

Court : Income Tax Appellate Tribunal ITAT Chennai

Reported in : (2007)108ITD16(Chennai)

..... the assessee's side was to receive a certain sum of money and certain lands and in return they were required to transfer half of their shareholding in certain companies. on august 20, 1981, a final agreement was drawn up and there was again a re-alignment of family properties. the assessee claimed that the agreements dated ..... to the case of ordinary compromise between strangers, do not equally apply to the case of compromises in the nature of family arrangements. family arrangements are governed by a special equity peculiar to themselves, and will be enforced if honestly made, although they have not been meant as a compromise, but have proceeded from an error of all ..... disputed titles once for all in order to buy peace of mind and bring about complete harmony and goodwill in the family. the family arrangements are governed by a special equity peculiar to themselves and would be enforced if honestly made. in this connection, kerr in his valuable treatise 'kerr on fraud' at p. 364 makes the .....

A.Arunagiri Vs. Egmore Benefit Society Ltd.

Court : Chennai

..... the partner, has already entered into contracts for the construction of a five star hotel on the suit schedule mentioned property in collaboration with foreign investment companies willing to offer a consideration of rs.48.00 crores for the suit schedule mentioned property, and collaboration agreements have already been concluded and the ..... tender made to him of the mortgage-money and his costs, charges and expenses, though the latter be under protest. (5) a mortgagee may sell under special circumstances even of a stringent character, if not un-reasonably depreciatory:-- 'falkner v. equitable reversionary society', (1858) 62 er 138 (z35). but the conditions ..... articles of association confers sole discretion upon the board of directors regarding the utilisation of the funds of the society, including the grant of regular or special loans on the security of movable and immovable properties. none of the clauses in the memorandum or articles of association, stipulates that the security on the .....

T.M.Prakash Vs. the District Collector

Court : Chennai

..... would be a breach of the regulations which are statutory provisions. in other ,statutes under consideration, viz., the life insurance corporation act and the industrial finance corporation act though there is no specific provision comparable to section 12 of the 1959 act the terms and conditions of employment and conditions of ..... v. bagatram sardar singh raghuvanshi reported in 1975 (1) scc421 the supreme court, while explaining the scope and characteristics of the regulations framed under the companies act, at paragraphs 10 to 25, held as follows: 10. the contentions on behalf of the state are these. regulations are framed under powers given ..... minuteness when the statutory authority mating the rules is after the coming into force of the act in a better position to adapt the act to special circumstances. delegated legislation permits utilisation of experienced and consultation with interests affected by the practical operation of statues.13. in england the statutory instruments ( .....

Southern Railway Mazdoor Union Vs. Mazdoor Welfare Trust

Court : Chennai

..... that may be instituted in any of the universities in india. (c) to establish and administer the mazdoor school of trade unionism and impart training and development in industrial relationship and such other allied subjects. (d) to undertake publication of research studies, magazines, periodicals etc. produced by the institutions established by the trust. (e ..... thereto. (f) to stimulate in the staff and students of the institutions a sense of social scientific and technical awareness and cultural conscience. (g) to organise special coaching and training to poor children and/or provide for free distribution of books, study materials, educational appliances, etc. (h) to give financial assistance in the ..... , since they would, by themselves, indicate the answer to be given to the issue on hand. hence, ex.p6 is extracted as under: ".you are specially requested to go through this circular carefully.1. you must complete 50% of remittance before 1st of may '94. note: the balance 50% remittance must be .....

P. Sudalaimuthu Vs. Union Bank of India (A Govt. of India Undertaking) ...

Court : Chennai

..... the courts tends to degenerate into misplaced sympathy, generosity and private benevolence. 18. be it a bank or an industry or company, each firm has got its own rules and regulations on appointment of candidates. when the company prescribes a specific qualification for appointment to a specific post, the candidate who applies for the called-for post must ..... of law that when an alternative and equally efficacious remedy is open to a litigant he should be required to pursue that remedy and not to invoke the special jurisdiction of the high court to issue a prerogative writ. it is true that the existence of a statutory remedy does not affect the jurisdiction of the ..... and which might not be regarded with any great confidence by persons brought before them can hardly be equated with reasonable propriety with the orders passed by the special tribunal and an appeal therefrom by the hyderabad high court with reference to which bodies alone the said observations had been made. 10. in the next place .....

V.M. Rao and ors. Vs. Rajeswari Ramakrishnan and ors.

Court : Chennai

Reported in : (1976)1MLJ393

..... of the family, the late v. ramakrishna. when he was alive v. ramakrishna on his own initiative floated many companies such as the parent company and the r.s. industrial corporation private limited and the 6th defendant company as well. according to the plaintiffs when ramakrishna was alive in order to set at rest present or possible bickering ..... speaks of the methodology by which the articles of association could be amended, altered or varied. in fact, to amend or vary an article of a company, a special resolution in the prescribed manner is required. in the instant case, apart from the fact that there is no instrument evidencing the family arrangement, which of ..... the existence of a family arrangement which as we repeated before is not accepted and is disputed. it is also an accepted principle of law that if a special method is prescribed to do a particular act, there cannot be any circumvention to that method, even though the alternative procedure sought for might be congenial, genuine .....

Indian Bank Represented by Its Assistant General Manager Vs. R.S. Thir ...

Court : Chennai

Reported in : (1990)2MLJ324

..... ignore the weighty reasons given and the other judgments relied on by the learned judge.19. paragraph no. 12 at page 1975 of the case council of scientific and industrial research v. k.g.s bhatt : [1980]1scr982 relates to the power of the supreme court under article 136 of the constitution of india and does not ..... of the petitioner in that case was certainly not commendable but on the other hand it was reprehensible. following the observations of sir barnes peacock in the lindsay petroleum company v. prosper armstrong hurd, abram farewell and john kemp 1874 vol. v.p.c. 221 and the observations of the supreme court in maharashtra state road transport corporation ..... be permitted to be raised at any stage of the proceedings and can be allowed to be raised for the first time in appeal, second appeal or even in special leave petition before the supreme court. the general principle, however, cannot be applied in abstract and its application depends upon the nature of the proceedings, conduct of the .....

Indian Overseas Bank Vs. C.R.Chandrasekaran

Court : Chennai

..... and (iii)increment component of fixed personal allowance; and (iv)dearness allowance calculated upto index number 1616 points in the all india average consumer price index for industrial workers in the series 1960=100; explanation: for the purpose of this clause, basic pay, other components of pay and fixed personal pay would mean the basic ..... to 01.11.2002, and forbearing the respondent/management of the canara bank from passing any amendment to pension regulations, 1995, as per the provisions of banking companies (acquisition and transfer of undertakings) act, 1970, excluding the petitioners who retired from service earlier to 01.11.20052, and for other consequential benefits and the ..... the counter affidavit, filed by the state of tamil nadu, which is being extracted herewith: ".with reference to the averments made in the grounds of the special leave petition, i submit that the fifth pay commission has revised pay and pension with effect from 1.6.1988. as per the recommendation of the above .....

M. Malarvizhi Vs. Union of India, Rep. by the Postmaster General, Madu ...

Court : Chennai

..... 66, para 11). 22. in woolcombers of india ltd. v. workers union [(1974) 3 scc 318] this court while considering an award under section 11 of the industrial disputes act insisted on the need of giving reasons in support of conclusions in the award. the court held that the very requirement of giving reason is to prevent unfairness ..... ) the appointing authority or any authority to which it is subordinate or the disciplinary authority or any other authority empowered in that behalf by the president, by general or special order, may place a government servant under suspension- (a) where a disciplinary proceeding against him is contemplated or is pending; or (aa) where, in the opinion ..... such pleas and the transferee was asked to file a suit. the transferee filed an appeal to the central government under section 111(3) of the companies act, 1956 which was dismissed. thereafter, the son of the original transferee filed another application for transfer of his shares which was similarly refused by the .....

Ayyamuthu and ors. Vs. the State of Tamil Nadu and ors.

Court : Chennai

Reported in : (1999)3MLJ4

..... of pottaneri are subject matter of impugned land acquisition for the purpose of establishing coke-oven plant by a public limited company by name southern iron and steel company ltd., (siscol) co-promoted by tamil nadu industrial development corporation (tidco) and lakshmi machine works ltd., (lmw). an extent of 523 acres of land had been ..... section 3(c).section 3(c): speaks about collector: the expression 'collector' means the collector of a district, and includes a deputy commissioner and any officer specially appointed by the appropriate government to perform the functions of a collector under this act. section 4, sub-clause (2) enables the land acquisition officer or ..... , there is no need of any lands for the requisitioning body, accordingly the present acquisition is not be warranted;(ii) inasmuch as specific authorisation authorising the special tahsildar (land acquisition) to function as collector under section 3(c) of the act, do not find place in the tamil newspaper, it is not open .....