Court : Delhi
Reported in : ILR1973Delhi570
..... managed in a manner highly detrimental to public interest; now thereforee in exercise of the powers conferred by section 18a of the said act, the central government hereby authorises the u.p. state textile corporation ltd. (hereinafter referred to as authorised controller) to take over the management of the whole of the said undertaking, namely, lord ..... against the supply of cloth and that the bank realised the amount of all the bills from their account immediately and this tightened the financial position very much. it is also stated that the central bank stopped the operation of the accounts of the mill on the ground that the petitioner had not submitted the proforma ..... managing director of the company by contacting the bank officials for allowing the operation of the account ......... it is hereby notified that pending efforts for early financial arrangements with the bank to resume normal working of the mills the workmen and the staff of all the shifts of the department of the mills are .....
Tag this Judgment!Court : Delhi
Reported in : AIR1990Delhi186; II(1992)BC546; [1992]73CompCas630(Delhi)
..... so upheld by the high court of punjab and haryana, it was further pleaded that provisions of ss. 31 and 32 of state financial corporations act, 1951, which were identical to those of section 30 of the act, have been upheld by various high courts in the country and were even considered by the supreme court, and thus the ..... materia in all material particulars with that of s. 30 of the act and as such the ratio of that judgment would squarely apply in the present case.38. ..... a petition under s. 30 of the act was not to be circumscribed by other statutory provisions.37. dr. ghosh pointed out that the supreme court in the aforesaid case was dealing with the matter arising out of a petition under s. 31 of the state financial corporations act, (for short the state act), but submitted that these provisions are pari .....
Tag this Judgment!Court : Delhi
Reported in : AIR1969Delhi159
..... losses in business would also be 'for the purposes of the act'. again, the formulation of budget estimates in the light of the activities that the corporation may decide to enter into is a matter exclusively to be determined by the corporation itself.what would be the financial needs of the corporation must, thereforee, necessarily depend also on the result of its ..... the power.on behalf of the petitioners, on the other hand, reliance was placed on the decision of their lordships of the supreme court on devi das gopal krishan v. state of punjab, civil appeals nos. 526, 527 and 529 of 1966, d/- 10-4-1967 : : [1967]3scr557 . the provision challenged in that case was section 5 ..... to be the reason for the use of the words of limitation.the petitioners relied on amalgamated coalfields ltd. calcutta v. state of m. p. : air1967mp56 . in that case coal tax could be levied under an act of 1920. the first imposition of tax required government sanction. tax at the rate of three pies per ton was levied .....
Tag this Judgment!Court : Delhi
Reported in : AIR1969Delhi258; [1969]39CompCas1(Delhi); ILR1969Delhi27
..... will nto be incorrect to say, as suggested by the learned counsel for the respondents, that the legislature has itself rent the veil of prtoection thrown round corporations by the house of lords in salomon's case. there are, however, limitations to rending the veil, and the court will nto do so except for specific ..... most striking examples of such qualifications lie in the provisions relating to accounts, which provisions have been designed primarily to give better information of the accounts and financial position of the group as a whole to the creditors, shareholders and the public. the learned single judge has dealt with those provisions, and it is nto ..... the company on company's property or undertaking void against liquidator unless regisered with the registrar within the prescribed period. these and toher provisions of the companies act provide a strong indication of the intention of the lagislature as to the main object of winding up, namely, the preservation of property and fair and .....
Tag this Judgment!Court : Delhi
Reported in : ILR1969Delhi1196
..... powers conferred by clauses (a) and (e) of sub-section (a) of section 98 read with sub-section (1) of section 480 of the delhi municipal corporation act. to show that the public analyst was nto medically fit, mr. gosain relied on a government of india publication, 1960 edition ''a hand book on medical examination'. ..... delhi' (3) , chief sanitary inspectors, municipal corporationn of delhi' and (4) 'all sanitary inspectors of municipal corporation of delhi'. section 9 of the said act provides that the central government or the state government may, by notification in the official gazette, appoint such persons as it thinks fit, having the prescribed quilications to be food ..... have such article so analysed. so even irthere was any defect in the appointment of shri jamna pershad as a food inspector, due to his having financial interest in manufacture and sale of articles of food, still there was nothing to prevent him from purchasing the boondi sweets from the respondent. shri jamna pershad .....
Tag this Judgment!Court : Delhi
Reported in : ILR1970Delhi333
..... accordingly held in b. c. das gupta v. bijoy. that a writ under article 226 can be issued against a body like the state medical faculty of west bengal though it is nto a body corporate. similarly, in jagadish v. university of punjabi), it was held that a writ under article 226 can be issued against bodies like the ..... as regard a writ of certiorari, it is issued 'wherever any body of persons having legal authority to determine questions affecting rights of subjects and having the duty to act judicially,' act without or in excess of jurisdiction, or in contravention of the rules of natural justice, or commit an error of law apparent on the face of the record ..... government of india to be nominated by the ministry of education-one of whom will be the deputy financial advisor of that ministry. (f) one member to be nominated by the chief commissioner, delhi. (g) two members to be nominated by the delhi corporation, delhi. (h) one member to be nominated by the new delhi municipal committee. (i) nto .....
Tag this Judgment!Court : Delhi
Reported in : [1998]231ITR318(Delhi); [1998]97TAXMAN144(Delhi)
..... 4. union of india v. tulsiram patel : (1985)iillj206sc .5. olga tellis v. bombay municipal corporation : air1986sc180 .6. paradise printers v. union territory of chandigarh : [1988]2scr157 .7. mahesh chandra v. regional manager, u.p. financial corporation : [1992]1scr616 .8. state of bihar v. k. k. misra : [1970]3scr181 .learned senior counsel submitted that the citizen ..... are wholly bogus and a manipulation, ruse and a pretext for the appropriate authority to acquire the suit property under section 269ud of the act. it may be stated that shri rajiv gupta, advocate, in the case of the property bearing no. 42-44, sunder nagar, new delhi, sent his offer ..... governed by business prudence and are not influenced by any extraneous considerations. exception, however, is made only under section 269ud of the income-tax act where such transactions are made between the relatives on account of natural love and affection.'the appropriate authority had completely ignored the realities of situation.regarding .....
Tag this Judgment!Court : Delhi
Reported in : AIR1970Delhi190
..... ltd., 1950 1 all er 430 the courts refused to adjudicate on, or to take cognizance of a financial agreement between italy and the united kingdom. it give rise neither to contractual rights nor claims in tort. the term 'act of state' has been defined judicially as: 'an exercise of sovereign power' which 'cannot be challenged, controlled or interfered ..... or by reason of annexation of terriotry fall into the class; such acts may confer a title to property on the crown which must be accepted by municipal law. in west rand central gold mining co., v. king (1905) 2 kb 391 , a british corporation failed to establish by petition of right the right to enforce against the ..... crown a claim for a wrong inflicted upon it by the government of a state (the former south african republic) which hadbeen extinguished by acts upon the part of the crown, namely, conquest and annexation. .....
Tag this Judgment!Court : Delhi
Reported in : ILR1972Delhi46
..... managed in a manner highly detrimental to public interest : now, thereforee, in exercise of the powers conferred by section isa of the said act, the central government hereby authorises the gujarat state textile corporation limited, (hereafter referred to as authorised controller) to take over the management of the whole of the said undertaking, namely, the new maneckchock ..... have effect for a period of one year commencing on the date of its publication in the official gazette.'(6) on 22-2-1969 the gujarat state textile corporation entered the premises of the company and took over possession of the mill. thereafter the petitioner made several representations to the central government but it was ..... for the first time in the petition filed by him in this court. the counter-affidavit also set out at some length the facts leading to the financial morass in which the company was found. it was pointed out that the working of the company from 1962 onwards had shown increasing losses resulting in .....
Tag this Judgment!Court : Delhi
Reported in : ILR1970Delhi260
..... showing cause to be given to delhi municipal corportion.(7) and whereas no financial burden on the delhi municipal corporation is to be impised.(8) thereforee, i, the lt. governor of delhi in exercise of powers vesting in me under section 487 of delhi municipal corporation act, 1957 (66 of 1957) read. with government of india. ministry of ..... is furnished by the supreme court decision in godde venkateswara rao v. government of a.p. : [1966]2scr172 . it was entirely in the discretion of the state government to open a rural health centre in such village which would comply with the conditions laid down by the government. the village dharmajigudem failed to comply with the ..... no. 183 the delhi municipal committee approved the said land for being laid out as a childrens' park. the delhi improvement trust, thereforee, requested the delhi state government on 7-11-1956 to obtain the approval of the central government to the transfer of the land to the delhi municipal committee. the delhi development .....
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