Court : Jharkhand
Reported in : AIR2004Jhar143; [2004(4)JCR626(Jhr)]
..... further reliance has been placed upon the ratio of the case of the bank of bihar ltd. v. dr. damodar prasad air 1969 sc 297 and industrial finance corporation of india ltd v. cannanore spinning & weaving mills ltd. air 2002 sc 2841. viewed thus, the impugned judgment is unsustainable.10. in contra it has been ..... withdraw their claim applications pending before the commissioner if their dues are paid in the meanwhile by the defendants and conversely, the plaintiffs will give due credit to the defendants for any payment that may be received from the commissioner of payments.4. separate written statements were filed on behalf of defendant respondent ..... runs thus :--'............................................ the nationalisation act came into force in the year 1974 by reason of which the assets of a debtor company stand vested in the state. in terms of the provisions of nationalisation act there was appointed a commissioner of payments and by reason of the factum of the appellant herein being .....
Tag this Judgment!Court : Jharkhand
Reported in : 2007(2)BLJR1185; [2007(2)JCR357(Jhr)]
..... 1963 cannot stand in the way of application of the theory of desuetude. 46. in the case of cantonment board, mhow and anr. v. m.p. state road transport corporation : [1997]3scr813 , the fact was that various cantonment boards in m.p. issued notifications during the period from 1973 to 1979 under section 60 of the ..... the government of jharkhand has no objection if m/s adhunik alloys & power ltd., induct suitable foreign or indian joint venture partners, choose appropriate financial options, suppliers, credit options and technologies in the best interest of the project. 3. the areas of co-operation mentioned above highlights only the major issues involved in setting up of ..... for securing these payments. apart from an undertaking by mpeb under those agreements an obligation is imposed upon mpeb to open a revolving letter of credit or letters of credit for payment of the dues. by way of further security it is provided in those contracts that escrow account shall be opened and maintained by .....
Tag this Judgment!Court : Jharkhand
Reported in : 2012AIR(Jhar)83
..... the construction of roads and bridge and finance, aid, grant and subsidies to financial or industrial or commercial units are provided by the state financial corporation as well as by the other financial institutions and neither in the act nor in the notification issued under the act, any provision has ..... jharkhandmember, secretary(c) secretary-cum-commissioner, commercial taxes, department, govt. of jharkhandco-ordinator(d) secretary, road construction department, govt. of jharkhandex-officio member(e) secretary, agriculture and sugarcane department, govt. of jharkhandex-officio member(f) secretary, industries deptt. govt. of jharkhandex-officio member(g) secretary, energy deptt. govt. of jharkahndex-officio ..... , 2005 under minor head-106 of the major head-0042 shall be deemed to have been appropriated into the fund. 10. any amount credited to the fund and unutilized during any financial year shall be utilized for the same purpose in the subsequent financial year in accordance with the .....
Tag this Judgment!Court : Jharkhand
..... doranda district ranchi petitioner versus 1. m/s. mayur lime products limited at 22 (ds), harmu housing colony po+ps argoda district ranchi 2. bihar state industrial development corporation limited at indira bhawan ram charitra singh path, near bailey road railway crossing, patna 3. m/s. ranchi industrial area development authority, riada bhawan (2nd ..... as under:1. n). it is no longer resintegra that the 4 courts/tribunals have power to scale down the admissible debt due to the creditor financial corporation and financial institution. however, the courts/tribunals, while adjudicating pecuniary matters have clear cut jurisdiction to impose pendente lite & future interest at such rate as ..... india is one of the watchdogs of finance and economy of the nation. it is, and it ought to be, aware of all relevant factors, including credit conditions as prevailing, which would invite its policy decisions. rbi has been issuing directions/circulars from time to time which, inter alia, deal with the rate .....
Tag this Judgment!Court : Jharkhand
..... kusheshwar dubey vs. m/s.bharat coking coal limited and others [(1988) 4 scc319, (viii) hindustan petroleum corporation limited and others vs. sarvesh berry (manu/sc/1048/2004) = [(2005) 10 scc471 and (ix) g.m.tank vs. state of gujarat and another (manu/sc/8156/2006)= (air2006sc2129.11. learned counsel for the bank submits that in ..... the petitioner in the criminal case is that he along with others entering into a criminal conspiracy, by forging and cheating in respect of loan and cash credit limit extended illegal benefits to different borrowers. the transaction may have a criminal angle which needs to be adjudicated by a criminal court. the criminal conspiracy ..... plant and machinery after disbursement of loan to ensure the end use of bank s fund, thereby jeopardizing bank s interest. (v) you disbursed the cash credit limit without obtaining any project completion and no proper note / approval was prepared for the said disbursement. the 1st stock statement was submitted by the borrower .....
Tag this Judgment!Court : Jharkhand
..... appellant was found satisfactory. counsel for the respondent no.2 has relied upon the following decisions: (1997)8 scc461{life insurance corporation of india & anr. vs. raghavendra seshagiri rao kulkarni} (2005)5 scc569{state of punjab & others vs. sukhwinder singh} (2007)1 scc533{gangadhar pillai vs. siemens ltd.} [1963] 0 air (sc ..... probationary appointment. during the probationary period (which includes extended probationary period, if applicable) you shall be liable to discharge from service of the corporation without any notice and without any cause being assigned. this clause clearly stipulates that the respondent could be discharged from service at any time during ..... the employer, in the case of government service, to hold a regular departmental enquiry. in any other case also, specially those relating to statutory corporations or government instrumentalities, a termination which is punitive in nature cannot be brought about unless an opportunity of hearing is given to the person whose .....
Tag this Judgment!Court : Jharkhand
..... suvarna jayanti mahotsav smarak trust vs. v.r. rudani and others reported in (1989) 2 scc691 7. kumari shrilekha vidyarthi and ors. vs. state of u.p. and ors. reported in air1991sc537 8. food corporation of india vs. kamdhenu cattle feed industries reported in (1993) 1 scc71 29. the next contention which has been refuted by the learned senior ..... it was not disputed and in fairness to mr bhatt, it must be said that he did not dispute that the corporation which is set up under section 3 of the state financial corporation act, 1955 is an instrumentality of the state and would be other authority under article 12 of the constitution. by its letter of offer dated july 24, 1978 ..... be replaced in order to streamline the conduct of government cases and indeed, that is not even the case of the state which itself says that many of them were to be reappointed. 46. in the case of food corporation of india vs. kamdhenu cattle feed industries reported in (1993) 1 scc71(supra), the hon'ble supreme court, in .....
Tag this Judgment!Court : Jharkhand
..... .c.s. balakrishna chetty (supra) referred to earlier also by the counsel for the state. reliance has been also placed upon a judgment in the case of the south india corporation (p) versus the secretary, board of revenue, trivandrum & another [1964 scr280. it is submitted that the state government is empowered to examine whether the terms and conditions of the lease have been ..... must cause or permit your imagination to boggle when it comes to the inevitable corollaries of the state of affairs .79. this opinion has been relied upon in a number of judgments rendered by the apex court such as in the case of indian oil corporation limited versus chief inspector of factories and others [(1998) 5 scc738 and bhavnagar university versus palitana .....
Tag this Judgment!Court : Jharkhand
..... .c.s. balakrishna chetty (supra) referred to earlier also by the counsel for the state. reliance has been also placed upon a judgment in the case of the south india corporation (p) versus the secretary, board of revenue, trivandrum & another [1964 scr280. it is submitted that the state government is empowered to examine whether the terms and conditions of the lease have been ..... must cause or permit your imagination to boggle when it comes to the inevitable corollaries of the state of affairs .79. this opinion has been relied upon in a number of judgments rendered by the apex court such as in the case of indian oil corporation limited versus chief inspector of factories and others [(1998) 5 scc738 and bhavnagar university versus palitana .....
Tag this Judgment!Court : Jharkhand
..... .c.s. balakrishna chetty (supra) referred to earlier also by the counsel for the state. reliance has been also placed upon a judgment in the case of the south india corporation (p) versus the secretary, board of revenue, trivandrum & another [1964 scr280. it is submitted that the state government is empowered to examine whether the terms and conditions of the lease have been ..... must cause or permit your imagination to boggle when it comes to the inevitable corollaries of the state of affairs .79. this opinion has been relied upon in a number of judgments rendered by the apex court such as in the case of indian oil corporation limited versus chief inspector of factories and others [(1998) 5 scc738 and bhavnagar university versus palitana .....
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