Judgment Search Results Home > Cases Phrase: small industries developement bank of india act 1989 chapter v small industries development assistance fund Page 1 of about 1,196 results (0.270 seconds)

Saini and Co. Rice Mills Etc. Vs. State of Punjab

Court : Punjab and Haryana

Reported in : (2009)156PLR559

..... small industries development bank of india (hereinafter referred to as the 'sidbi') has been established under the small industrial development bank of india act, 1989 ..... chapter v deals with the small industries development assistance fund while chapter vi deals with small industries general fund, ..... chapter iii of the said act deals with management of the small industries bank and ..... provisions made in chapter v appearing is section 39 of the act, which empowers the state government to give instructions on questions of policy matter in consultation with and after obtaining the advice of small industries bank. ..... chapter iv deals with the business of the small industries bank, which includes several kinds of activities including granting of loans and advances to banks or financial institutions, accepting, collecting, discounting or re-discounting bills of exchange or promissory notes, subscribing to or purchasing stocks, shares, bonds or debentures, granting letters of credit or loans and advances to the financial corporations ..... chapter vii deals with transfer of a part of business of development bank while chapter viii makes miscellaneous provisions including those relating to staff of the bank, delegation of powers, returns, obligations as to fidelity and secrecy and power to call for re-payment before agreed period and enforcement of claims by ..... chapter iv stipulates the provisions for investment of funds, accounts and audit of the corporation funds, whereas chapter v comprises .....

Commissioner of Income-tax Vs. State Bank of Travancore

Court : Kerala

Reported in : [1997]228ITR40(Ker)

..... the needy industrial concerns have to approach the eligible credit institutions for getting term loans for financing their projects and for this purpose the credit institutions have to apply, in turn, to the industrial development bank of india for refinancing against the loan assistance sanctioned by them. ..... under the refinance scheme, although the industrial development bank of india appraises the refinance application from the point of compliance of various norms, terms and conditions under the scheme, the bank bears the primary responsibility regarding the loan assistance granted by it. ..... in this context, the observations of the assessing authority as to whether the bank has made its advances out of its own funds or through refinance from the industrial development bank of india or the reserve bank of india, is immaterial, to say the least, is more than difficult to comprehend and appreciate in the context. 21. ..... cit : [1989]175itr607(kar) , holding that the amount collected by the bank for delayed payment of demand bills would be 'interest' for the purposes of the interest-tax act, 1974. ..... such industrial concerns include village, tiny, small and medium scale industries and such others which could be commonly understood as credit institutions eligible. ..... particularly chapter v of the scheme relating to the procedure for availing of refinance tells us the procedure for repayment of refinance with reference to clause 1(c) thereof. .....

Nedumpilli Finance Company Limited Vs. State Of Kerala .

Court : Supreme Court of India

..... a loan advanced by the national bank for agriculture and rural development established under the national bank for agriculture and rural development act, 1981; (k) a loan advanced by the export import bank of india established under the export import bank of india act, 1981; (l) a loan advanced by the small industries development bank of india, established under the small industries development bank of india act, 1989; (m) a loan advanced by the national housing bank, constituted under the national housing bank act, 1987 ; (n) a loan advanced ..... as to whether non banking financial companies (for short nbfcs ) regulated by the reserve bank of india, in terms of the provisions of chapter iii b of the reserve bank of india act, 1934 (hereinafter referred to as rbi act ) could also be regulated by state enactments such as kerala money lenders act, 1958 (hereinafter referred to as kerala act ) and gujarat money lenders act, 2011 (hereinafter referred to as gujarat act ), has arisen for ..... advanced to a government employee from a fund, established for the welfare or assistance of government employees and which is sanctioned by the state government; (e) a deposit of money with or a loan advanced by a cooperative society; (f) an advance made to a subscriber to, or a depositor in, a provident fund from the amount standing to his credit in the fund in accordance with the rules of the fund; (g) a loan to or by an insurance company as defined in the insurance act, 1938; (h) a loan advanced by .....

Central Bank of India Vs. State of Kerala and ors.

Court : Supreme Court of India

Reported in : [2010]153CompCas497(SC); JT2009(3)SC216; 2009(3)SCALE451; (2009)4SCC94; (2009)12VatReporter137; (2009)21VST505(SC); JT2009(1)SC216

..... of section 34 lays down that the provisions of the drt act or rules made thereunder shall be in addition to and not in derogation of industrial finance corporation act, 1948, the state financial corporation act, 1951, the unit trust of india act, 1963, industrial reconstruction bank of india act, 1984 and the small industries development bank of india act, 1989.19. ..... as a sovereign, the state should be able to discharge its primary governmental functions and in order to be able to discharge such functions efficiently, it must be in possession of necessary funds and this consideration emphasises the necessity and the wisdom of conceding to the state, the right to claim priority in respect of its tax dues (see builders supply corpn.). ..... any bank or financial institution or any consortium or group of banks or financial institutions and includes (i) debenture trustee appointed by any bank or financial institutions, or (ii) securitisation company or reconstruction company, whether acting as such or managing a trust set up by such securitization company or reconstruction company for the securitisation or reconstruction, as the case may be, or (iii) any other trustee holding securities on behalf of a bank or financial institution, in whose favour security interest is created for due repayment by any borrower of any financial assistance. ..... section 19, which finds place in chapter iv of the drt act contains procedure required to be followed by the tribunal for deciding an application made .....

Ksl and Industries Ltd. Vs. Arihant Threads Ltd. and ors.

Court : Supreme Court of India

Reported in : IV(2008)BC421(SC); 153(2008)DLT27(SC); 2008(12)SCALE42; (2008)9SCC763

..... in any instrument have effect by virtue of any law other than this act (2) the provisions of this act or the rules made thereunder shall be in addition to, and not in derogation of, the industrial finance corporation act, 1948 (15 of 1948), the state financial corporations act, 1951 (63 of 1951), the unit trust of india act, 1963 (52 of 1963), the industrial reconstruction bank of india act, 1984 (62 of 1984), the sick industrial companie (special provisions) act, 1985 and the small industries development bank of india act, 1989.18 ..... providing for the grant of financial assistance to industrial concerns with a view to boost up industrialisation and the latter providing for revival and rehabilitation of sick industrial undertakings, if necessary, by grant of financial assistance, we cannot uphold the contention urged on behalf of the respondent that the 1985 act is a general statute covering a larger number of industrial concerns than the 1951 act and, therefore, the latter ..... the said provision, the industrial development bank of india (hereinafter referred to as `idbi'), which was the predecessor of the stressed assets stabilisation fund (hereinafter referred to ..... chapter iiia having been enacted with effect from december 1, 1975 are later enactments in reference to section 19 of the slum clearance act which, in its present form, was placed on the statute book with effect from february 28, 1965 and in reference to section 39 of the same act, which came into force in 1956 when the .....

Sojan Francis Vs. M.G. University

Court : Kerala

Reported in : AIR2003Ker290; 2003(2)KLT582

..... state small industries development corporation (1998 (3) scc 732) had occasion to consider the scope of rule 22 of the service rules applicable to karnataka state small industries development corporation. ..... government servant shall be a member of or be otherwise associated with, any political party or any organization which takes part in politics nor shall be take part in, subscribe in aid of, or assist in any other manner, any political movement or activity.kerala government servants' conduct rules, 1960 as amended from time to time is made applicable to teachers of the university by statutes 10 of chapter iii of mahatma gandhi university statutes, 1997. ..... devendrappa's case, supra (1998 (3) scc 732) the apex court dealt with the inter-relationship between article 19(1)(a) and 19(1)(c) of the constitution of india and held as follows:'the fundamental freedoms enumerated under article 19 are not necessarily and in all circumstances mutually supportive, although taken together they weave a fabric of a free and equal democratic society ..... bench concluded that the essence of the matter is the head of the institution should in law be presumed to possess an inherent right of such acts as are necessary in his opinion to maintain discipline in the institution. ..... section 73 of the mahatma gandhi university act says that the government shall, in consultation with the university and the representatives of the teachers, frame a code of conduct to be observed by the teachers of government and .....

Kerala Students Union Vs. Sojan Francis

Court : Kerala

Reported in : 2004(2)KLT378

..... karnataka state small industries development corporation, (1998) 3 scc 732), while considering the scope of rule 22 of the service rules held that a proper balancing of interests of an individual as a citizen and the right of the state to frame code ..... 1781) was cited at the bar wherein the court held that those who 'indulge in politics' in the educational institutions being a very small minority violate several fundamental rights of a vast majority of the students, their parents and guardians, besides of those who are otherwise ..... to the educational institutions under article 19(1)(g), article 29 and article 30 of the constitution of india by extending those organisational activities within the college campus owned and administered by the managements. ..... down by them so as to ensure orderly and strict administration and to secure its proper functioning as an educational institution and to ensure that funds are spent for the betterment of the institution and also to secure interest of the students. ..... chapter viii of the act deals ..... it also enables the university to institute and provide funds wherever necessary for the maintenance of students' advisory bureau, employment bureau, university union for students, university athletic clubs, national cadet-corps, national service corps, students ..... narayana college, kollam issued a code of conduct for students which stipulates that without the consent of the principal no student organization shall hold any meeting or collect any fund. .....

General Manager, Canara Bank Vs. Central Government Labour Court and o ...

Court : Kerala

Reported in : (2004)ILLJ211Ker

..... karnataka state small industries development corporation air 1998 sc 1064 : 1998 (3) scc 732 : 1998-i-llj-1202 wherein it has been held that any action which is detrimental to the interests or prestige of the employer undermines the position and efficient functioning ..... that be so, the very charge issued to the workmen for misconduct of doing acts prejudicial to the interest of the bank within the meaning of chapter xi, regulation 3, clause (m) of the canara bank service code is unsustainable and unenforceable. ..... above actions being prejudicial to the interests of the bank, you have committed gross misconduct within the meaning of chapter xi regulation 3 clause (m) of the canara bank service code. ..... the basis of the pleadings, the labour court raised the following points: '(i) whether the charge sheet issued to the workmen under chapter xi, regulation 3, clause (m) of the canara bank service code is sustainable? . ..... in malayalam was also distributed among the persons assembled there.your above actions were deliberate to tarnish the fair name and image of the bank and to belittle the executive in the eyes of the public. ..... reference is: 'whether the action of the management of canara bank in imposing the punishment of stoppage of increment on sri ..... the alleged incident took place not at the premises of the bank, but at the premises where a public function organised by the bank, namely, town hall. ..... point has been considered by this court in the decision in b.p.l india ltd. v. b.p.l. & p.s.p. .....

Manikant Pathak and ors. Vs. State of Bihar and ors.

Court : Patna

..... bihar state leather industries development corporation and bihar state finished leathers limited find mention in the first schedule under the small scale industries department. ..... similarly, the bihar agro industries development corporation finds mention in ..... and circumstances of the case, direct that the chairmen of all incorporated companies and corporations including those of the bihar finished leathers limited and the bihar state agro industries development corporation ltd ..... , a government company has a distinct personality which cannot be confused with the state.the claim of the writ petitioner was allowed in view of the provision of the burma shell (acquisition of undertakings in india ) act, 1976 holding that although bharat petroleum corporation has not been created by any statute, it is 'recognised by and clothed with rights and duties by the statute'. ..... whether the state is liable to pay the salary of the employees of a government corp oration/company or to otherwise provide adequate fund to it so that the company is able to conduct its affairs, was not at issue in mat case nor the same ..... the courts to lift the veil of corporateness where questions of control are in issue but according to him, the veil of corporateness can be lifted only in certain cases which have been enumerated in paragraph 18.22 of chapter xviii of palmer's company law, 23rd edition (pages 201-205). ..... : (1989)iillj324sc , the previous decisions in the hec case : (1969)iillj549sc ) or praga tools corporation .....

Prerna Textile Inds. Ltd. Vs. Commissioner of Customs

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

Reported in : (2000)(117)ELT241Tri(Mum.)bai

..... it often happens that in the area of central excise to avail of the benefit of exemption given to small industries sector, the units are split into several, each with a corporate front. ..... the bulk of the assessees in this area fall in the medium and small industries sectors. ..... as regards the documentation of the reserve bank of india, shri chatterjee pointed out that in terms of para 7 of the letter from the rbi it was very clearly stated that the contents of the letter were relevant to transaction under fera alone and that they ..... the show cause notices alleged that the drawings etc.imported were classifiable under chapter 49 and the duty quantified in the show cause notice was evaded by the importers by misrepresentation etc. ..... the preamble to the notification says as under: "in exercise of the powers conferred by sub-section (1) of section 25 of the customs act, 1962 (52 of 1962), the central government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods falling under heading no. ..... each one had entered into a collaboration agreement with industrial giants abroad.the entire exercise was intricate, involving technical, managerial and legal brains. ..... it is agreed that the period of demand is within the extended period prescribed under the proviso to section 28 of the act, even if it is accepted that the corrigenda to the show cause notice were fresh show cause notice. ..... the institution of couriers is a recent development in international commerce. .....