Court : Supreme Court of India
Decided on : Sep-14-1971
Reported in : AIR1972SC1786b; (1971)3SCC480; 1SCR714; 29STC105(SC); 1972(4)LC144(SC)
..... assistant commissioner of sales tax, range iii, baroda, however, issued a notice dated august 6, 1963 under section 57 of the bombay sales tax act, 1959 proposing to revise the assessment of the society by levying purchase tax in respect ..... this case.37. the decision of this court in hafiz din mohd. haji abdulla v. state of maharashtra 12 s.t.c. 292, does not support the contention of the state. therein this court on an ..... to the marketing company nor was there any provision in that agreement for the marketing company to advance loans to the manufacturers on the security of the cement entrusted to it. further the manufacturing companies were ..... members. by becoming members of those societies and subscribing to their bye-laws, they had given large powers to their agents so that their produce may be sold in the best possible manner. none of the ..... the security of goods come in possession of the society according to the convenience and if possible subject to the rules.14. clause (16) reads:to get goods managed through the society and the machinery, building etc. of ..... and produce of village industries which may have been brought for sale through the society and to make arrangements to purchase goods according to the requirements of the members on a request being made by ..... the preamble to that act says 'whereas it is expedient further to facilitate the formation and working of co-operative societies for the promotion of thrift, self-help and mutual aid among agriculturists and other persons with .....Tag this Judgment!
Court : Mumbai
Decided on : Nov-05-1971
Reported in : AIR1973Bom75; (1972)74BOMLR666; 1972MhLJ959
..... of the bombay tenancy and agricultural lands act.6. the maharashtra revenue tribunal reversed the decision of the special deputy collector and held that the lease was given during the pendency of the execution proceedings and is, therefore, affected by the rule of lis pendens contained in section 52 of the transfer of property act and since by virtue of that rule the property cannot be transferred or ..... property. that is expressly provided in the definition itself. all the rights which the mortgagee has are these : first to recover the money which he has loaned. his second right is that in the event of non-payment, 'the mortgagee shall have a right to cause the mortgaged property to be sold and the proceeds of sale to be applied .............. in payment ..... behalf of the first respondent before us is the decision of this court in : air1959bom19 . in that case on dhana supadu the owner of certain land had mortgaged it in 1928 to one madhav martand by a simple mortgage. he had also created a second simple mortgage in favour of one rajmal lakhichand. the first mortgagee madhav had filed a suit ..... has been to invoke the provisions of section 65-a of the transfer of property act. section 65-a was introduced into the transfer of property act by act 20 of 1929 and sub-section (1) thereof provides that subject to the provisions of sub-section (2), a mortgagor, while lawfully in possession of the mortgaged property, shall have power to make leases thereof which shall be binding on .....Tag this Judgment!
Court : Supreme Court of India
Decided on : Nov-24-1971
Reported in : AIR1972SC1690
..... detriment of the public interest;now, therefore, in exercise of the powers conferred by section 15 of the industries (development and regulation) act, 1951 (65 of 1951), the central government hereby appoints for the purpose of making a full and complete investigation into the circumstances of the case, a ..... has to be given to the capital employed and a fair return for such capital including a provision for outgoings like interest on loans minimum bonus etc. must be assured. the quantum of return has essentially to vary from industry to industry. this would require ..... established for watching the interest of the consumers and ensuring improvement in quality of ears which were being manufactured by the three petitioners.6. the procedure followed by the commission may be briefly noticed. it invited by means of a detailed questionaire full information from the ..... non obstante clause in section 18-g(1) shows that this section stands by itself. the history of price fixation in india is not new. the defence of india rules provided for it (rule 81 (2) (b)) as far back as 1939. these rules ceased to have effect on september 30, 1946. the essential supplies (temporary powers ..... 1928 till the early forties general motors india ltd. and ford motor company of india ltd. used to assemble trucks and cars from components imported from united states in completely knocked down condition called c. k. d. by way of abbreviation. hindustan motors ltd. calcutta and the premier automobiles ltd. bombay .....Tag this Judgment!
Court : Andhra Pradesh
Decided on : Jul-21-1971
Reported in : 92ITR519(AP)
..... the unit trust pf india established under section 3 of the unit trust of india act, 1963 (52 of 1963) ; (x) the madras industrial investment corporation ltd., madras; (xi) the andhra pradesh industrial development corporation ltd., hyderabad; (xii) the kerala state industrial development corporation ltd., trivandrum; '(xiii) the state industrial and investment corporation of maharashtra ltd., bombay; (xiv) the punjab state industrial ..... their produce in cart-loads from their respective villages to the market yard at nizamabad and some of the merchants act as commission agents on behalf of the agriculturists and put up the produce at an auction for sale. the sale bill contains the nature of the grain or produce, weight, rate, total price brokerage and weighment ..... the mandatory requirement for payment by a crossed cheque or a crossed bank draft under the impugned provisions acts as a dog affecting their fundamental right to transact their business by making payments in cash; and that they confer vast and arbitrary power on the income-tax authorities to allow or disallow any expenditure incurred towards payments made in cash ..... circumstances and furnishes evidence as to the cause for non-payment by a crossed cheque or a crossed bank draft, deduction will be allowed in regard to such payments.6. the petitioners have given an illustration in their affidavit to show the combined effect of sub-sections (3) and (4) read with rule 6dd and that, under certain circumstances, the provisions .....Tag this Judgment!