Judgment Search Results Home > Cases Phrase: tea companies acquisition and transfer of sick tea units act 1985 chapter i preliminary Sorted by: old Court: authority for advance rulings Page 1 of about 1 results (0.261 seconds)

In Re: Advance Ruling P. No. 10 of

Court : Authority for Advance Rulings

Reported in : (1997)224ITR473AAR

..... in accordance with the investment management agreement(s), (hereinafter referred to as 'agreements') and all decisions relating to the fund, including, without limitation, the acquisition, management and disposition of portfolio investments, shall be made solely by the board of directors of the manager acting pursuant to and in accordance with the agreements ..... nature of "profits and gains of a business". he points out that the ct does not just invest in portfolio investments and equity shares of companies (including listed companies). its activities are much wider and far-reaching. he draws attention to paragraph 5.01 of the c.a., the relevant part of which may ..... a contributory trust (hereinafter referred to briefly as "the ct") constituted under an indenture of trust drawn up between the indian financial service company and another indian trust company. the trust company will be trustees of the ct and the trust funds will vest in it under the indian law. the expression "ct" and "trustees .....