Court : Mumbai
Reported in : [2006]134CompCas324(Bom); [2006]69SCL115(Bom)
..... in andi mukta sadguru shree muktajee vandas swami suvarna jayanti mahotsav smarak trust v. v.r. rudani : (1989)iillj324sc and abl international ltd. v. export credit guarantee corporation of india ltd. : (2004)3scc553 .11. it is submitted by the learned counsel for the petitioners, that the petitioners' claims were disallowed on the ..... clause 3.4 of the operating guidelines for albm issued by the national securities clearing corporation limited (a subsidiary of the nse), the learned senior counsel for the nse has submitted that clause 3.4 states that the approved intermediary shall indemnify participants and keep participants fully and effectively indemnified against ..... national stock exchange as per chapter xii of the byelaws.66. mr. bharucha, the learned senior counsel of the national stock exchange had fairly stated that the investigations of national stock exchange had revealed that none of the claims of the petitioners for compensation were collusive with the defaulting trading member .....
Tag this Judgment!Court : Supreme Court of India
Reported in : AIR1970SC564; [1970]40CompCas325(SC); (1970)1SCC248; [1970]3SCR530
..... act, 1934. there are similar statutes conferring powers on the government to give directions, namely, state bank of india act, 1955, state financial corporation act, 1951, university grants commission act, 1956 life insurance act, 1956, deposit insurance act, 1961, national cooperative development corporation act, 1962, agricultural refinance corporation act, 1963 and state agricultural credit corporations act, 1968. there are english statutes which contain similar provisions of exercise of power or ..... for massive expansion of branches, vigorous principles for mobilisation of deposits and wide range programme to fill the credit gaps of agriculture, small scale industries, small artisans, retail trade and consumer credit. this policy can be achieved only by direct management by state and not merely by social control. almost all the banks are in favour of large scale industry. this direct control and .....
Tag this Judgment!Court : Gujarat
Reported in : AIR1972Guj78; (1971)GLR71
..... that section 34 of the gujarat act of 1963 sets up a special fund called the state agricultural produce markets fund, which consists of the payments made into it under sub-section (2) and such other sums which may under the act be credited thereto and which shall, unless otherwise provided in the act, be utilised for subsidising a ..... with the contention regarding section 34 of the act and that is the form in which point no.5 was urged before us, namely, regarding the constitution of the state agricultural produce markets fund. it is. therefore, not necessary for us to deal with this point at this stage.28. as regards, section 35, mr. patel's contention ..... calcutta v. liberty cinema. air 1965 sc 1107, the supreme court has pointed out how this distinction between licence fees and other fees has to be approached. in calcutta corporation's case (supra), in paragraph 8 at pages 1111 and 1113 sarkar, j. delivering the judgment on behalf of himself. raghubardayal, j. and mudholkar, j., has pointed .....
Tag this Judgment!Court : Gujarat
Reported in : (1986)54CTR(Guj)272; (1987)1GLR3; [1986]162ITR28(Guj)
..... spent (likely to be spent) by the auditors and their staff in terms of man-hours. for tax-audit of non-corporate assessees, the auditors will report on the true and fair position of accounts and state other affirmations as in the from no. 3cd are listed seriatim, the legal position on the at issue and/or extensive ..... of a voucher : expenditure : (i) cash memo issued by suppliers on cash purchases; (ii) invoices, delivery notes, etc., issued by the suppliers when goods are purchased on credit; (iii) receipts issued by : (a) railway and other transport authorities on payment of freight or demurrage; (b) municipal authorities on payment of octroi duty; (c) customs authorities ..... make any law which takes away or abridges the equally clause contained in article 14 which enjoins a state not to deny to any person equality before law or equal protection of law (see khandige sham bhatt v. agricultural ito : [1963]48itr21(sc) . the principle which the courts have to bear in mind while considering such .....
Tag this Judgment!Court : Rajasthan
Reported in : (1985)ILLJ111Raj
..... tribunal adjudicating an industrial dispute. the above observations, therefore, in my humble view do not support the contention of the learned counsel for the corporation and the state that the standing orders after certification have no statutory force of law and as such clause 13 of the standing orders cannot be declared unconstitutional ..... statute and the service conditions are also to be governed by the rules and regulations which are to be framed after approval of the state government. the corporation has framed the regulations and those regulations governed the service conditions apart from the standing orders and other various provisions of the industrial disputes ..... rules made under section 44.30. a bare perusal of the above provision and scheme of the above act, clearly goes to show that the corporation is a 'state' within the meaning of article 12 of the constitution of india as the entire establishment having been made, functioning, control supersession regulations, liquidation, .....
Tag this Judgment!Court : Mumbai
Reported in : (1968)IILLJ552Bom
..... the payment of bonus act. in the same way under clause (ix) the employees of some of the corporations such as the industrial finance corporation of india, any other financial corporation, the deposit insurance corporation, the agricultural refinance corporation, the unit trust of india, the industrial development bank of india and any other financial institution being an ..... down the general principles for the board's finance. the section runs thus : 'the board shall not as far as practicable and after taking credit for any subventions from the state government under s. 63, carry on its operations under this act at a loan, and shall adjust its charges accordingly from time to time.' ..... with the board's finance, accounts and audit. section 59 provides that the board shall not as far as practicable and after taking credit for any sub-venations from the state government under s. 63, carry on its operations under this act at a loss, and shall adjust its charges accordingly from time to .....
Tag this Judgment!Court : Mumbai
Reported in : 2008(3)ALLMR546; 2008(3)BomCR408; (2008)110BOMLR951
..... interpretation clause declares that they shall include. learned advocate general relies upon the case reported in : (1991)3scc617 in the case of regional director employees state insurance corporation v. high land coffee works of pfx saldhana and sons and anr. and 1995 (2) scc 348 in the case of p.kasilingam v. psg ..... hereby enacted in the twenty sixth year of the republic of india as follows:thus, the private forest in the state being in degraded and over exploited state, which was adversely affecting the agriculture and agricultural population, so also for the purpose of conservating the material resources and protecting them from destruction and from over ..... upon the representation of the vendors, the petitioners had made several plans of putting up construction. in other words, the petitioners decided to continue the non agricultural user. however, without any prior notice and behind their back, respondent nos. 1 to 4 to the writ petition, effected entries in the revenue record .....
Tag this Judgment!Court : Mumbai
Reported in : [1978]115ITR255(Bom)
..... award which are the material parts read as follows : '2. i award and declare that it has been agreed between the parties that the partnership of automobile and agricultural industries corporation carried on by the parties to, and under the deed of partnership dated january 31, 1953, stands dissolved by mutual consent so far as concerns the said harendra ratilal ..... books of the firm on october 31, 1959, was determined at rs. 2,33,535. the difference between the amount received by aslot and the amount standing to the credit in the partnership account amounting to rs. 2,33, 994 was treated as income of the assessee by the income-tax officer in the assessment year 1960-61, the ..... ', the use of that word will not be conclusive. we have already reproduce earlier clause 2 of the award. it is, no doubt, true that the arbitrator has stated that the firm 'stands dissolved by mutual consent'. but these words have to be read in the context in which they are used because those words are followed by the .....
Tag this Judgment!Court : Mumbai
Reported in : 2009(1)BomCR501
..... mr. g.e. vahanvati has clarified certain legal issues which have been raised interalia relating to the construction of the provisions of the mumbai municipal corporation act 1888 (state act) and the prevention of cruelty to animals act 1960. dealing the the constitution provissions, mr. vahanvati, the learned solicitor general has submitted that ..... /discretion to the municipal authorities to kill stray dogs in certain circumstances/situations. in support of his contention he has stated that it is evident from the fact that the municipal corporation had itself stopped the mass killing of stray dogs and adopted the dog birth control program in 1994, even before ..... and peace. thereafter she referred to one article wherein it was mentioned that the maharashtra state human rights commission had written a letter to the greater mumbai municipal corporation that it was the statutory obligation on the municipal corporation to destroy all stray and unclaimed dogs, so that the human life should not be .....
Tag this Judgment!Court : Supreme Court of India
Reported in : AIR1997SC2847; JT1997(1)SC40; 1996(9)SCALE613; (1997)7SCC339; [1996]Supp10SCR472
..... the point at issue in these matters was covered therein. the decision in the sea customs case having been reaffirmed by the decision of this court in andhra pradesh state road transport corporation v. the income tax officer and anr. [1969] 7 s.c.r. 17 (hereinafter called 'the apsrtc case'), the bench considered itself bound by the ..... including the questions whether any land or building is being used for 'charitable purpose' or 'public worship'. they also have to decide whether a land is an 'agricultural land'. these are difficult questions as would be evident from a reference to the plethora of decisions under the income tax act where these expressions occur. for this reason ..... it the tax element and the service element. section 51 of the act provides for the constitution of a municipal fund and states that all sums received by the municipal committee are to be credited to it. section 52 of the act provides the manner in which the sums collected in the municipal funds are to be applied .....
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