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Judgment Search Results Home > Cases Phrase: debentures companies act Court: andhra pradesh Page 4 of about 110 results (0.068 seconds)

Oct 18 2001 (HC)

Sri Ramdas Motor Transport Ltd. and ors. Vs. Karedla Suryanarayana and ...

Court : Andhra Pradesh

Reported in : [2002]110CompCas193(AP)

..... and (2) and other applicable provisions of the companies act, 1956, sri k.v.r. choudary, managing director and sri k. sarathi, joint managing director be and are hereby severally authorised to invest funds of the company in fixed/term deposits with banks, body corporate and in shares and/or debentures (convertible and non-convertible) of companies and other government securities (central or state or ..... under sub-section (3)(b) he may require the company to furnish certified copies of them on payment of the prescribed fee required ..... justified. under section 163 of the act, the registers that are required to be maintained by the company shall be kept at the registered office of the company and they shall be open during the business hours for inspection of the members at least for two hours subject to reasonable restrictions. under sub-section (3), a member, debenture holder or other person is at ..... liberty to make extracts of the registers that are maintained under section 163 of the act without paying any fee and .....

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Aug 02 1985 (HC)

Karnati Mallikarjuna Rao and Co. Vs. Korlapati Krishna Murthy

Court : Andhra Pradesh

Reported in : [1986]60CompCas462(AP)

..... 108 of the companies act, which reads (omitting the irrelevant portions) : 'a company shall not register a transfer of shares .... unless a proper instrument of transfer duly stamped and executed by or on behalf of the transfer and by or on behalf of the transferee ...... has been delivered to the company along with the certificate relating to the shares or debentures or if no such ..... fraud on the public monies as there was no statutory control over such bodies. so, the state legislature brought out act ix of 1971 in march, 1971. 8. the objects and reasons of the said act are : of late chit fund companies are promoted or conducted without any safeguards in respect of the monies invested. in order to have proper control by the ..... also opposed to the provisions enacted in section 23 of the indian contract act, 1872. 4. the contentions of the appellant - chit fund company - in the main are : 1. non-compliance of the provisions enacted in the act cannot non-suit the plaintiff as there was nothing in the said act rendering the contract null and void, particularly so, when there is a penal ..... certificate is in existence along with the letter of allotment of the shares .......' 16. fell for consideration of the supreme court as to whether the provisions were mandatory or not; and with reference to section 629a of the act, which prescribed a penalty .....

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Aug 14 1958 (HC)

Sree Rama Varaprasada Rice Mill and anr. Vs. Takurdas Topandas and ors ...

Court : Andhra Pradesh

Reported in : AIR1960AP155

..... of members of such class, are chargeable, and (b) provide for the composition or consolidation of duties in the case of issues, by any incorporated company or other body corporate, of debentures bonds or other marketable securities.' under section 9, the central government has issued certain notifications. in amendment of the notification issued and published in the gazette ..... india. 6. even if the schedule to the notification comprehends the areas in the hyderabad state over which the crown representative exercises the jurisdiction, after the indian independence act which came into force on 15th august, 1947, the notification must be deemed to be inoperative. the argument that the notification cannot be issued by the central government, ..... to stamp duty in respect of billsof exchange, cheques, promissory notes, bills oflading, letters of credit, policies of insurance, transfer of shares, debentures, proxies and receipts andin relation to any other stamp duty chargeableunder this act and falling within entry 96 in list iin the seventh schedule to the constitution, thecentral government: (b) save as aforesaid, the state ..... india have been regulated by treaties, engagements and sanads, and by various precedents and conventions, by reason of acts done and acts suffered through a long course of historic evolution. various treaties were made between the east india company and the native rulers containing covenants and stipulations as to their mutual relations. when the crown of england took .....

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Oct 01 2010 (HC)

Akkireddi Nagayamma W/O Appalanaidu and One Another. Vs. Adhikari Appa ...

Court : Andhra Pradesh

..... of its immovable property or any interest therein to trustees upon trust for the benefit of the holders of such debentures; or(iv) any endorsement upon or transfer of any debenture issued by any such company ; or (v) (any document other than the documents specified in sub-sec.(1a) except an agreement of sale ..... of the same suit or proceeding on the ground that the document has not been duly stamped. for ready reference section 61 of the indian stamp act reads as under: "61. revision of certain decisions of courts regarding the sufficiency of stamps: (1) when any court in the exercise of its ..... cross-examination was deferred and he has not raised any objection and at a later stage he raised objection, therefore, section 36 of the indian stamp act, 1899 comes into play. the language of section 36 is very clear and categorical which shows when a document is admitted in evidence, such admission shall ..... , 1872, and not conferred by a will, shall also be registered."he also drawn the attention of the court to section 36 of the indian stamp act, which reads as under:" 36. admission of instruments, where not to be questioned:- where an instrument has been admitted in evidence, such admission shall not ..... as would be regular. the omission to object becomes fatal because by his failure the party entitled to object allows the party tendering the evidence to act on an assumption that the opposite party is not serious about the mode of proof. on the other hand, a prompt objection does not prejudice .....

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Jul 25 1969 (HC)

The Commissioner of Income-tax, Andhra Pradesh, Hyderabad Vs. H.E.H. O ...

Court : Andhra Pradesh

Reported in : [1970]76ITR383(AP)

..... of the interest receivable by him on any security of the central government or of state government, or on debentures or other securities for money issued by or on behalf of a local authority or a company: (3) provided further that the income-tax payable on the interest receivable on any security of a state ..... necessary power to recast the question so as to bring out the whole of the dispute between the parties into consideration section 66(5) of the act which is the relevant provision reads thus:'the high court upon the hearing of any such case shall decide the question of law raised thereby and ..... exemption under both the heads and gave its decision. even in the present assessment, it is stated, tat the third proviso to section 8 of the act, in addition to item 8 of the notification dated 21-3-1922, was sought to be pressed into service by the assessee. our attention has been ..... item 8.........................' or by adding to the question the following passage:'or by virtue of the third proviso to section 8 of the indian income-tax act, 1922.'the reason for the request is this should the question remain as it is, the assessee would be entitled to seek exemption only under item ..... assessee is that by virtue of the notification dated 21-3-1922 (item no. 8) issued under section 60 of the indian income-tax act, 1922 (hereinafter called the act) the interest received by him was totally exempt from tax. an identical question arose in the prior assessment years and a reference in respect .....

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Apr 27 1993 (HC)

Branch Manager, State Bank of Hyderabad Vs. Gadiraju Rama Bhaskara Vis ...

Court : Andhra Pradesh

Reported in : AIR1993AP337; 1993(2)ALT274

..... respect of a debt or a security. interpreting s. 370 of the indian succession act, which defines security as any pronote, debenture, stock or other security of central or state government, any bond, any stock or debenture or share in a company etc., the court held that articles pledged do not come within any of the categories mentioned above and as such, gold articles ..... certificate as the question as to who is entitled to those articles cannot be decided by the bank.3. it is relevant to note s. 214 of the indian succession act, which reads thus :'(1) no court shall- (a) pass a decree against a debtor of a deceased person for payment of his debt to a person claiming on succession to ..... administration evidencing the grant to him of administration to the estate of the deceased, or (ii) a certificate granted under s. 31 or s. 32 of the administrator-general's act, 1913, and having the debt mentioned therein, or (iii) a succession certificate granted underpart x and having the debt specified therein, (iv) a certificate granted under the succession certificate ..... act, 1989, or (v) a certificate granted under bombayregulation no. viii of 1827, and, if granted,after the first day of may, 1889, having thedebt specified therein. (2) the word 'debt' .....

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Nov 02 2007 (HC)

Smt. Kamili Sarojini Vs. Indian Bank, Avanigadda Branch

Court : Andhra Pradesh

Reported in : AIR2008AP71; 2008(2)ALD581; III(2008)BC299

..... respect of a debt or a security. interpreting section 370 of the indian succession act, which defines security as any pronote, debenture, stock or other security of central or state government, any bond, any stock or debenture or share in a company etc., the court held that articles pledged do not come within any of the categories mentioned above and as such, gold articles ..... certificate act, 1889, or(v) a certificate granted under bombay regulation no. viii of 1827, and, if granted, after the first day of may, 1889, having the debt specified therein.(2) the ..... administration evidencing the grant to him of administration to the estate of the deceased, or(ii) a certificate granted under section 31 or section 32 of the administrator-general's act, 1913, and having the debt mentioned therein, or(iii) a succession certificate granted under part x and having the debt specified therein, or(iv) a certificate granted under the succession ..... bhaskara viswanadha raju : air1993ap337 , the learned judge of this court at paragraphs 3, 4 and 5 observed as under:it is relevant to note section 214 of the indian succession act, which reads thus:(1) no court shall:(a) pass a decree against a debtor of a deceased person for payment of his debt to a person claiming or succession to .....

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Feb 28 1979 (HC)

Fatima Fauzia and anr. Vs. Syed Ui-mulk and ors.

Court : Andhra Pradesh

Reported in : AIR1979AP229

..... within six months in (i) securities of the central government or state government (ii) savings certificates (iii) units of the unit trust of india (iv) debentures specified by the central government (v) shares in any indian company which are issued to the public (v-a) equity shares; and (vi) deposits for a period of not less than 3 years with state bank ..... therein have specifically been made. this power of control is conferred on the court by the sovereign parliament with a view to safeguard the interests of the beneficiaries from the acts of omission or commission on the part the trustees, which results in injustice to them although, fraud, collusion, corrupt motives. gross-negligence or malafides have been neither alleged nor proved ..... the best price: and that in the execution of their trust they will pay equal and fair attention to the interests of all persons concerned. if trustees or those who act by their authority, fail in reasonable diligence -- if they contract under circumstances of haste and improvidence................ a court of equity will not enforce the specific performance of the contract, ..... his beneficiaries, and in the case of several successive beneficiaries, with a fair and impartial attention to the interests of all the parties concerned. trustees, if they or those who act by their authority fail in reasonable diligence in inviting competition, or in the management of the sale, or if they contract under circumstances of haste and improvidence, or contrive to .....

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Apr 01 1965 (HC)

Mrs. Gajarabai M. Patny and ors. Vs. Patny Transport (Private) Ltd., S ...

Court : Andhra Pradesh

Reported in : AIR1966AP226

..... whatever settlement the court considers just and equitable to remove the main allegations of oppression, which discretion is un fettered. this principle is embodied in section 210 of the english companies act.5. as i have found, the three directors in this case, two of whom due to their private disputes with the petitioners, have brought a spirit of vindictiveness into the ..... end or preventing the matters complained of or apprehended, make such order as it thinks fit.' these two sections correspond to section 210 of the english act of 1948. and section 153c of the previous companies act these provisions are designed to confer upon the court powers to pass suitable orders where the circumstances justify, to remove the oppressiveness or the matters complained ..... company) has taken place in the management or control of the company, whether by an alteration in its board of directors or of its managing agent or secretaries and treasurers or manager, or ..... as it thinks fit.' 398 (1). any members of a company who complain: (a) that the a hairs of the company are being conducted in a manner prejudicial to the interests of company; or (b) that a material change (not being a change brought about by, or in the interests of any creditors including debenture holders, or any class of share-holders, of the .....

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Aug 16 2001 (HC)

Karamsad Investments Limited, Vs. Nile Limited and ors.

Court : Andhra Pradesh

Reported in : [2002]46CLA23(AP); [2002]108CompCas58(AP); (2002)1CompLJ251(AP)

..... and any interest therein of a company shall be freely transferable ; ..... companies and private companies, which have become public companies by virtue of operation of section 43a of the companies act.28. section 111a deals with companies other than those covered under section 111 subject of course to the clarification that wherever the context required, it also applies to companies covered under section 111 also. sub-section (2) of section 111a declares that the shares or debentures ..... for the present case.34. the next question is as to the meaning to be given to the expression 'agree to acquire' occurring under section 108a(1) of the companies act. the expression 'agree' or 'agreement' presupposes the existence of more thanone person to the transaction. in the context of transfer of shares according to learned counsel for the ..... described as a 'group' and 'constituent of a group' are also brought within the sweep of this prohibition. the expression group by virtue of section 108h of the companies act shall have the same meaning as assigned to it under the mrtp act though the expression 'constituent of a group' is not defined anywhere, it must be understood in the .....

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