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Judgment Search Results Home > Cases Phrase: formation of contract indian contract act Court: allahabad Year: 1951 Page 1 of about 2 results (0.086 seconds)

May 10 1951 (HC)

Asiatic Engineering Co. Vs. Achhru Ram and ors.

Court : Allahabad

Decided on : May-10-1951

Reported in : AIR1951All746

..... consisting of a series of mutual covenants entered into by all the share-holders inter se in accordance with section 16 of the companies act, 1862. the contract contained in the articles of association is one of the original incidents of the share. a share is not a sum of money settled ..... his business. he is still entitled to receive dividends on his shares, but no more.' 43. sir francis gore browne in his book on the formation, management & winding up of joint stock companies, ed. 38 p. 5, described the extent of the interest that a share-holder has in a ..... enough to cover the right or interest which a share-holder may have in the assets of an incorporated company. it is true that, under the indian companies act, it has been held that the properties or assets of a company belong to the company & not to its individual share-holders. in e. ..... thereafter deal with those distinguishing facts on which application no. 288 of 1950 is founded.2. the company was incorporated as a private company under the indian companies act in 1941 & has its registered office at 25/26 waterloo street, calcutta, in the state of west bengal. it is stated in the petition ..... & (7) amin agencies ltd. & pointed out that messrs. abdul jalil, abdul razzak, ghulam mohi uddin, saliha begum & salma begum were permanent residents of the indian union & were permanently residing at calcutta, that mohammad amin was in karachi & was looking after his business there & that messrs. amin agencies was a limited company incorporated .....

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May 10 1951 (HC)

Raja Suryapalsingh and ors. Vs. the U.P. Govt.

Court : Allahabad

Decided on : May-10-1951

Reported in : AIR1951All674

..... & x make provisions for extensive changes in the land tenure system & consequential changes in the assessment & collection of land revenue, while chap. xi makes provision for the formation of cooperative farms.40. reading the act as a whole there can, we think, be no doubt that the primary object of the legislature is to effect a radical change in the system of ..... 26th january 1950, the rights of taluqdars in land granted to them under a sanad were subject to such laws as might from time to time be passed by an indian legislature acting within its appropriate field. the argument that article 294, clause (b) alters the position is, in our opinion, ill-founded. the effect of that article is merely to declare ..... of the taluqdars to transfer their property, or how the rule of primogeniture came to be introduced. the argument of learned counsel is that these sanads constituted a settlement or contract between the talukdars and the government, and that as they contained no provision whereunder the property could ever be resumed by the government for a public or any other purpose ..... stages, no express power of acquisition is conferred on congress or the state legislatures, & it was, therefore, necessary to fall back on the inherent right of eminent domain. in the indian constitution, however, the legislatures both union & state have been expressly given the power to acquire property & there can, therefore, be no need & hence no room, for assuming the existence of .....

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