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Judgment Search Results Home > Cases Phrase: debentures companies act Sorted by: old Court: orissa Year: 2009 Page 1 of about 2 results (0.033 seconds)

Mar 20 2009 (HC)

Sri Sanjay Kumar Das Burma Vs. State of Orissa

Court : Orissa

Decided on : Mar-20-2009

Reported in : 2009(I)OLR779

..... india alleging therein that the petitioner filed his nomination papers along with an affidavit wherein he had declared that neither he nor his spouse was holding any shares or debentures in the company named above. but on the basis of the petition, the sub-collector-cum-returning officer was directed to conduct an inquiry and who, after inquiry came to a conclusion ..... that though the complainant disclosed that he was a director of the company, named above, yet he failed to disclose the shares and debentures held by him and his spouse in the said company. the petitioner challenges the order of cognizance on the ground that as per section 36 of the representation of peoples ..... is the director of neelachal builders pvt. ltd. and the details of the motor vehicle owned by the company. according to him, as he has disclosed himself as a director of the said company, it pre-supposes that he is holder of the shares and debentures. hence, there was no mala fide intention on the part of the petitioner for suppression of fact ..... act, 1951 whenever any candidate files nomination paper it is the statutory obligation of the returning officer to scrutinize the nomination papers and .....

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Feb 13 2009 (HC)

Rabindranath Educational Trust Rayagada Vs. Union of India (Uoi) and o ...

Court : Orissa

Decided on : Feb-13-2009

Reported in : 107(2009)CLT402

..... institution or any hospital or other medical institution as on the 1 st day of june, 1998;(ii) any assets (being debentures issued by, or on behalf of, any company or corporation), acquired by the fund, trust or institution or any university or other educational institution or any hospital or other medical ..... the petition is liable to be dismissed.5. at this juncture, it is necessary to take note of the relevant provisions of section-10 of the it act, which are quoted below:section 10. incomes not included in total income - in computing the total income of a previous year of any person, any ..... stipulated in 3rd proviso to section 10(23c)(vi) by not investing the surplus funds in accordance with provisions of section 11(5) of the it act is not entitled to avail exemption under section 10(23c)(vi) for the assessment years 2003-04 and 2004-05. the learned ccit is fully ..... very purpose of the institution for imparting education clearly comes within the ambit of section 2(15) of the it act as public utility being charitable in nature. the primary and dominant purpose of the institution being charitable one the other object itself may not charitable ..... his explanation before the learned ccit. the learned ccit on 17.07.2006 has passed an order disallowing exemption under section 10(23c)(vi) of the it act for the assessment years 2003-04 and 2004-05. hence, this petition.3. mr. j.m.pattnaik, learned counsel for the petitioner submits that the .....

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