Court : Kerala
Reported in : AIR1962Ker267
..... of india act 1935 to the effect:'banking, that is to say, the conduct of banking business by corporations other than corporations owned or controlled by a federated state and carrying on business only within that state.'he also referred me to the decision of the federal court in bank of commerce, ltd. khui- ..... in or over land, land tenures, including the relation of landlord and tenant, and the collection of rents; transfer, alienation and devolution of agricultural land; land improvement and agricultural loans; colonisation; couris of wards encumbered and attached estates; treasure trove.'91. the question was as to whether the provincial legislature can legislate ..... section 49-a from receiving deposits repayable by cheque.6. the petitioner further alleges that banking being a business consisting of the creation and transfer of credit, acceptance of deposits for purpose of lending or inveslments from the public, withdrawable by cheque, draft, order, or otherwise, the provisions of section 49 .....
Tag this Judgment!Court : Kerala
Reported in : AIR1961Ker62
..... the point. it would be open to the learned judge to call for further affidavits of the parties to the petition on whether the particular income from the agricultural lands is from investment, should he be inclined to adjudicate on the issue la the writ proceedings. this i think is the best course, as under the ..... petition challenges the tax demanded from the petitioner under section 86 of the cochin municipal act no. xviii of 1113, on the ground of the income from his agricultural lands situated outside the municipal limits, not being from investment and not taxable. the learned judge hearing the petition has sent it to the full bench because similar ..... those of another unless it is impossible to effect a reconciliation between them." 38. in another case from british columbia, corporation of the city of victoria v. bishop of vancouver island, air 1921 pc 240, what is stated is; "again a section of statute should, if possible, be construed so that there may be no repugnancy or inconsistency .....
Tag this Judgment!Court : Kerala
Reported in : [1959]10STC459(Ker)
..... goods in cochin shall, in respect of such business, be deemed to be a dealer for the purposes of this act;explanation ii-a person who sells agricultural or horticultural produce grown by himself, or grown on any land in which he has an interest whether as owner, usufructuary mortgagee, tenant or otherwise, shall ..... supply goods to a commission merchant sell them to him, and not to his unknown foreign correspondent and the commission merchant has no authority to pledge the credit of his correspondent for them. there is no more privity between the persons supplying the goods to the commission agent and the foreign correspondent than there is ..... american canadian companies are responsible for insuring stocks after shipments and the further allegation of a preliminary contract of purchase by the petitioners with the producers, are stated to be new developments in the case of the petitioners. sales were effected within the cochin territory and the goods also were situated within the cochin .....
Tag this Judgment!