Court : Kerala
Reported in : AIR1996Ker26
..... relate to pump sets only. it further records that in addition raidco has set up its own factory at palakkad with the assistance of national credit development corporation, especially in the manufacture of pump sets in collaboration with the foster brothers.5. the circular record policy decisions to encourage patronisation of raidco as ..... had no authority to issue such an order when he is legally empowered to supervise the activities of the society. the provisions of the kerala state co-operative agricultural development banks act, 1984 were also examined with reference to the powers of the registrar thereunder to confer the grant of disbursement of loans, ..... cooperative society with the primary object to supply agricultural implements including pump sets with a view to augment agricultural activities in the state. the said society stands on a different footing from private traders of pump sets in the state. it is also the duty of the state to encourage the principle of co-operation in .....
Tag this Judgment!Court : Kerala
Reported in : [1994]81CompCas560(Ker); (1995)IILLJ992Ker
..... nominee of the financial institutions who advance loans to the company, (c) one director to be nominated by the industrial, agricultural or financial institutions, owned or controlled by the state or central government, and (d) four elected by the members. 8. an examination of the constitution, functions and the nature ..... are clear:(i) membership of the corporation is limited to ; (a) the rubber board, (b) rubber purchasers' societies, (c) rubber processing co-operative societies, (d) rubber marketing co-operative societies, and (e) industrial, agricultural or financial institutions, owned or controlled by the central or state governments. (ii) the maximum number ..... held by the government, (b) the company concerned enjoys monopoly status conferred by the state, (c) the functions of the corporation are governmental or public functions, (d) substantial amount of financial assistance is received from the state, and (e) statutory duties are imposed upon the company. 7. now consider the .....
Tag this Judgment!Court : Kerala
Reported in : AIR1990Ker5
..... over land, land tenures including the relation of landlord and tenant, and the collection of rents; transfer and alienation of agricultural land; land improvement and agricultural loans; colonization'.it is, therefore, submitted that the state legislature alone and not the parliament, has power to enact these provisions and these provisions severable as they are, are ..... regarding acquisition in the concurrent list. this matter also is settled by the decisions of the supreme court in state of bihar v. kameshwar singh, air 1952 sc 252 and r.e.s. corporation v. state of andhra, air 1954 sc 251.15. the counsel for the petitioners do not contend that the two ..... respect of vacant urban land, (where unlike agricultural land, there are no special features which need varying provincial treatment) despite its being on the state list. it is all the more imperative in respect of public premises, i.e., buildings belonging to the union or to public sector corporations which have all-india operations. it is .....
Tag this Judgment!Court : Kerala
Reported in : [1989]180ITR323(Ker)
..... respect of any special reserve created by a financial corporation which is engaged in providing long-term finance for industrial or agricultural development in india, an amount not exceeding-(a) in the case of a financial corporation or a joint financial corporation established under the state financial corporations act, 1951 (63 of 1951), or an ..... institution deemed under section 46 of that act to be a financial corporation established by the state government for the state ..... relied on the circular letter written by the assistant chief officer of the industrial finance department of the reserve bank of india to the state financial corporations, wherein reference has been made to a communication of the central board of direct taxes dated november 12, 1973, to substantiate its plea .....
Tag this Judgment!Court : Kerala
Reported in : AIR1979Ker68
..... encumbrances charged thereon.'entry 86 of list i of the 7th schedule of the constitution reads :--'taxes on the capital value of the assets, exclusive of agricultural land, of individuals and companies, taxes on the capital of companies.'if the definition contained in the act for the expression 'capital value' is such ..... of the statutes governing those local authorities.24. there are 5 types of local authorities in the state, namely, municipal corporations constituted in respect of the citits of trivandrum, calicut and cochin under the kerala municipal corporations act, municipal councils set up under the kerala municipalities act in respect of areas constituted into municipalities, ..... building including that of the new constructions or additions or combinations or, as the case may be, of the building as so repaired or improved, and credit shall be given to the tax already levied. (5) where there are out-houses, garages or other structures appurtenant to the main building, the capital .....
Tag this Judgment!Court : Kerala
Reported in : 1988(38)ELT618(Ker)
..... parent statute from which it was 'built in' or 'embanked', ft was ruled mis would make no difference. that is understandable, whether the words be words of in-corporation or of reference. in state of m.p. v. m.v. narasimhan (air 1975 s.c. 1835) the definition of 'public servant' in the prevention of corruption act, 1947, was held to ..... latter act. section 3(1) of the 1913 act defined agricultural land' to mean 'land as defined in the punjab alienation of land act, 1900'. this latter act was repealed in 1951, and the argument was that with the said ..... pleader cited the decision of the supreme court in ram sarup's case (a.i.r. 1963 s.c. 553). the question there considered was whether the definition of 'agricultural land' given in the punjab pre-emption act, 1913. which adopted the definition in the punjab alienation of land act, 1900, would be affected by the repeal of the .....
Tag this Judgment!Court : Kerala
Reported in : [1978]41STC1(Ker)
..... actually in the act of 1855....in halsbury's laws of england, third edition, volume 36, page 404, paragraph 611, the position is thus stated:express incorporation of earlier provisions.-where a statute in corporates by reference the whole or any part of an earlier statute, the provisions so incorporated are in general to be construed as they would be ..... latter act. section 3(1) of the 1913 act denned 'agricultural land' to mean 'land as denned in the punjab alienation of land act, 1900'. this latter act was repealed in 1951 and the argument was that with the said ..... pleader cited the decision of the supreme court in ram sarup's case a.i.r. 1963 s.c. 553. the question there considered was whether the definition of 'agricultural land' given in the punjab pre-emption act, 1913, which adopted the definition in the punjab alienation of land act, 1900, would be affected by the repeal of the .....
Tag this Judgment!Court : Kerala
Reported in : (1972)IILLJ110Ker
..... employee of the warehouse corporation1 was dismissed from service for misconduct after an enquiry as required by the regulations made by the corporation under the agricultural produce (development and warehousing) corporations act, 1956. the respondent filed a suit for a declaration that his dismissal was illegal, and for other reliefs. the trial court held that ..... not entitled to relief under article 226 of the constitution for violation of the regulations, counsel referred me to the decision of the supreme court in u.p. state warehousing corporation v. chandra kiran tyagi 1970-i l.l.j. 32 : a.f.r. 1970 s.c. 1244. in that case, the respondent who was an ..... under the government order, m.s. no. 283/68/home, dated 22-8-68, are extended to those persons who were denied appointment in the former state transport department on adverse report of police verification and who were later given appointment after reviewing the original orders prior to 1960, subject to the condition, that they .....
Tag this Judgment!Court : Kerala
Reported in : [1971]82ITR477(Ker)
..... [1963] 47 i.t.r. 101 (a.p.) a decision of the andhra pradesh high court. the andhra pradesh high court has held that the state road transport corporation constituted under the road transport corporations act is an 'individual' within the meaning of section 3 of the indian income-tax act and as such is taxable. this decision was taken in ..... the question before us.3. the argument of the counsel of the petitioner is that the legislature would not have passed an enactment to tax a corporation formed with the funds of the state itself at a higher rate than a company incorporated under the companies act and clause (iia) of section 2(h) of the wealth-tax act ..... the word 'individual' in entry 86 of list i of the seventh schedule of the constitution, which reads :'taxes on the capital value of the assets, exclusive of agricultural land, of individuals and companies; taxes on the capital of companies' as to include a group of individuals like a hindu undivided family.8. two or three other decisions .....
Tag this Judgment!Court : Kerala
Reported in : AIR1969Ker265
..... an investor in an uncertain security expects a higher rate of interest than one in a safe security. when land was a safe form of security -- and agricultural land had been traditionally regarded as the safest -- the number of years' purchase based on the interest payable on government securities was a useful guide. today ..... interesting, ingenious andimportant question bearing on the methodology of fixing compensation. thanks to the many drastic changes in the laws relating to agrarian ownership in our state and country. courts can no longer compute the market value of land by a mere capitalisation of income. the basic assumption in this method is ..... of the collector, in the present case, is altogether 'unspeaking' regarding the grounds for quantifying the compensation and the letter of reference also has neglected to state them. a perfunctory attitude --may be due to overwork, inexperience or indifference -- on the part of the land acquisition officers is hardly commendable, particularly in .....
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