Search Results for "managing agency scheme"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "managing agency scheme"

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Supreme Court

Supreme Court Dismisses Appeals by Both Company and Board, Upholding High Court's Direction for Fresh Consideration of All Relevant Acts Under Section 326 of Companies Act, 1956. The Court Ruled that the Power is Quasi-Judicial and Subject to Judicial Review if Irrelevant or Incomplete Material is Relied Upon, and Past and Present Conduct Must Both Be Weighed in Determining Fitness of Managing Agent.

2 Sep 1969

The Rampur Distillery Company Ltd. had appointed Govan Brothers as its managing agent in 1943, with tenures extended from time to time under the Compa...

Supreme Court

Supreme Court Upholds Appellant in Income Tax Act Case Regarding Exemption for Charitable Trust Income from Managing Agency Business. Managing Agency Business Held to be Property and Income Therefrom Exempt Under Section 4(3)(i) of Indian Income-tax Act, 1922, Despite Revenue's Objections.

22 May 1957

The Supreme Court considered an appeal by J.K. Trust, Bombay, against the Commissioner of Income-tax/Excess Profits Tax, Bombay, concerning the taxabi...

High Court

Bombay High Court Quashes Termination of LIC Agent for Violation of Natural Justice — Agency Termination Set Aside Due to Lack of Personal Hearing. The court held that termination without hearing violates principles of natural justice and remitted the matter for fresh consideration under LIC Agents Regulations, 1972.

28 Feb 2012

The petitioner, Mahesh Narayandas Kothari, was appointed as an agent of the Life Insurance Corporation of India (LIC) in 1988. In 2007, LIC noticed ir...

Supreme Court

Supreme Court Upholds Penalty on Managing Director in FEMA Violation Case — Failure to Complete Import Formalities Constitutes Continuing Offence. Liability under Section 10(6) of FEMA, 1999 attaches to person responsible for conduct of business regardless of change in management.

5 Mar 2020

The appeal arose from complaint proceedings initiated by the Enforcement Directorate under Section 16(3) of the Foreign Exchange Management Act, 1999 ...

High Court

Legal Dispute Over Termination of Developer's Appointment for SRS Implementation in Mumbai. Unraveling the Complexities of Land Allocation and Timely Implementation in Slum Rehabilitation Schemes in Maharashtra

10 May 2024

Legal dispute regarding the termination of a developer's appointment for implementing a Slum Rehabilitation Scheme (SRS) in Mumbai under the Maharasht...

High Court

Bombay High Court Dismisses Developer's Challenge to SRA Order in Slum Rehabilitation Scheme. CEO's Direction to Process Letter of Intent Upheld as 70% Consent of Eligible Members Was Validly Obtained Under DCR 33(10).

28 Jan 2011

The case involves a slum rehabilitation scheme under DCR 33(10) of the Development Control Regulations for Greater Mumbai. The petitioners, Lokhandwal...

High Court

Bombay High Court pronounces judgment on Letters Patent appeals in oppression and mismanagement case under Companies Act, 1956 — dispute over diversion of Contship agency business. The Court examined whether directors' diversion of business opportunity amounted to oppression and breach of fiduciary duty under Sections 397, 398 of the Companies Act, 1956 and Section 88 of the Indian Trusts Act, 1882.

31 Mar 2006

The appeals arose from a dispute between the Puri Group and the Sippy Group, both holding equal shares and equal directorships in two private Indian s...

High Court

Bombay High Court Hears Public Interest Litigation Challenging CIDCO Plot Allotments — Allegations of Fictitious Societies Grabbing Plots at Fixed Rates. The validity of allocations under the Maharashtra Regional and Town Planning Act, 1966 and CIDCO Regulations depends on the genuineness of the housing societies.

23 Nov 2005

The Public Interest Litigation was instituted by Public Concern for Governance Trust, a registered charitable trust, against the State of Maharashtra,...

High Court

Bombay High Court Allows Appointment of Neutral Arbitrator in Railway and Airport Authority Contracts — Unilateral Appointment Clause Invalid. Arbitration clause providing for appointment by General Manager or officer of the same entity violates Section 12(5) of Arbitration and Conciliation Act, 1996.

27 Mar 2024

The judgment concerns three matters: two arbitration applications and one arbitration petition, all raising a common question about the validity of ar...

Supreme Court

Supreme Court Directs Winding Up of Mutual Fund Schemes and Interprets SEBI Regulations. The Court examined the interrelation and constitutional validity of Regulations 39 to 42 with Regulation 18(15)(c) of the SEBI (Mutual Funds) Regulations, 1996, while deferring final adjudication pending statutory proceedings under the SEBI Act, 1992.

14 Jul 2021

The Supreme Court of India addressed civil appeals concerning the interpretation and application of the Securities and Exchange Board of India (Mutual...

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