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The Saraswat Co-operative Bank Limited and ors. Vs. P.G. Koranne and o ...

Court : Mumbai

Reported in : AIR1983Bom317; (1983)85BOMLR134

..... the supreme court by a majority upheld section 150 of the delhi municipal corporation act, 1957, on the ground that the power conferred by the said section on the corporation to levy any of the optional taxes by prescribing the maximum rates of tax to be levied, to fix class or classes of persons or the description or descriptions of articles and properties to be taxed and to lay down the system of assessment and exemptions, if any, to be granted on the ground that the ..... it would, instead of being detrimental to the working of a society, be beneficial to its working and would yield more productivity and better results, for it would give the employees a sense of belonging and a feeling that they are participating in the working of the society not only by merely contributing labour but also their opinions, and ..... the vires of section 60 of the madras co-operative societies act, 1932, was challenged on the ..... act defined 'essential article' as meaning any article (not being an essential commodity as defined in the essential commodities act, 1955) which may be declared fey the ..... . turning to the various clauses of section 2 of the act, we find that clause (1) defines 'agricultural marketing society'; clause (6), 'central bank'; clause (10), 'cooperative bank'; clause (10-a), 'crop protection society'; clause (12), 'farming society'; clause (13), 'federal society'; clause (15), 'general society'; clause (16), 'housing society'; clause (16-a), 'lift irrigation society'; clause (22), 'processing .....