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Judgment Search Results Home > Cases Phrase: securities contracts regulation amendment act 2007 Page 1 of about 16,736 results (0.149 seconds)

Sep 25 2014 (SC)

Madras Bar Association Vs. Union of India and anr.

Court : Supreme Court of India

..... law board regulations, 1991, the competition (amendment) act, 2007, and the special economic zone rules, 2006. we were informed, that chartered accountants were also entitled to ..... 146a of the customs act, 1962, read with rule 9(a), customs (appeals) rules, 1982). besides the aforesaid provisions, it was contended, that chartered accountants were entitled to appear before various tribunals/fora under different statutory provisions, such as, under the securities and exchange board of india act, 1992, the securities contracts (regulation) act, 1956, the telecom regulatory authority of india act, 1991, the companies act, 2013, the company ..... 19 of the constitution, if the law is for giving effect to the policy of the state towards securing all or any of the principles laid down in part iv of the constitution. section 55 of the constitution (forty-second amendment) act is beyond the amending power of the parliament and is void since it removes all limitations on the power of the parliament .....

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Dec 04 2013 (HC)

A.Chandrasekaran Vs. Yoha Securities Limited

Court : Chennai

..... 10 to make or amend bye-laws of recognised stock exchanges.26. the above provisions can be compared to some provisions of the companies act, 1956. such comparison is permissible in view of section 2-a of the securities contracts (regulation) act, 1956, which states that words and expressions used in that act, but not defined ..... in that case, on the ground that the award was contrary to section 28 of the contract act and was not in accordance with substantive law of india.17. in pandit construction company vs. delhi development authority {2007 (3) arb.l.r. 205}, the delhi high court was concerned with an award ..... ltd vs. united india insurance co. ltd {2009 (2) scc252.19. in the decision in hcg stock & share brokers ltd vs. gaggar suresh {2007 (73) scl1(sc)}, the supreme court was concerned with an award that was upheld by a single judge and a division bench of the bombay high court ..... authority in the national stock exchange only on 17.10.2006 and that the applicant actually filed an application for arbitration only on 11.5.2007, the arbitrator passed an award rejecting the claim, on the basis of the limitation prescribed by bye law (3) of chapter xi of nse ..... arbitrator, national stock exchange of india limited chenna-4. ...respondents petition under section 34(3) of the arbitration and conciliation act, 1996 to set aside the arbitration award dated 5.11.2007 in am.no.cm/c00592007 passed by the second respondent with costs. for petitioner : mr.ramakrishnan viraraghavan for respondent-1 .....

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May 07 2014 (TRI)

West Central Railway, General Manager Office Vs. Madhya Pradesh Electr ...

Court : Appellate Tribunal for Electricity APTEL Appellate Jurisdiction

..... terms of bank guarantee in place of cash/bank draft till the said amendment? as regard the issue of exemption from security deposit, the electricity act, 2003 does not exempt consumers like railways from maintaining security deposits. regulation 1.6 and 1.7 of the mperc (security deposit) regulation, revision-1, 2009 provide for security deposits to be calculated by licenses from all consumers. hence, we are ..... to voltage-wise cost of supply should have been within 20% of the cost of supply at the respective voltage of supply. the legislature by amending section 61(g) of the electricity act by act 26 of 2007 by substituting eliminating cross subsidies has expressed its intent that cross subsidies may not be eliminated. 17. the tariff policy provides that the state ..... the same for actual period has been rightly done by the state commission in the impugned order. the state commission has rightly adopted the practice of calculating excess over contract demand charges for the whole month and not on the basis of actual period. 10.8 the simultaneous maximum demand recorded at various traction substations of railway cannot be ..... has ignored that the railway is a public utility and plays an important role of providing mass transportation. this tribunal in its judgments in appeal no. 78/2005, 148/2007 and 124/2008 in the matter of union of india vs. andhra pradesh state electricity regulatory commission, northern railway vs punjab state electricity regulatory commission, has observed that the .....

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Dec 19 2008 (HC)

Principal, Our Lady of Salvation High School Vs. Rashmi Upadhyay and o ...

Court : Mumbai

Reported in : 2009(3)BomCR401

..... october, 2000, the shikshan sevak scheme was adopted by the state government. the state legislature enacted the maharashtra employees of private schools (conditions of service) regulation (amendment) act, 2007 by which statutory force and effect was given to the shikshan sevak scheme. in the circumstances, it was submitted that if the first respondent is aggrieved by ..... government resolutions, from time to time, before the date of commencement of the bombay primary education and the maharashtra employees of private schools (conditions of service) regulation (amendment) act, 2007, shall continue to be in force unless modified or revoked.while defining the expression 'shikshan sevak' in clause 24-a of section 2, the legislature has ..... by mere executive instructions, but would be governed by the statutory provisions of the maharashtra employees of private schools (conditions of service) regulation act, 1977. what was earlier a matter of contract is converted statutorily into status, to use the descriptive context of service jurisprudence.the appointment and conditions of service of shikshan sevaks cease ..... amending act, the object of the amendment must be borne in mind in determining whether the remedy of an appeal under section 9 is available. bringing the shikshan sevaks within the purview of the maharashtra employees of private schools (conditions of service) regulation act, 1977, was an important aspect of legislative policy, the object of which is to bring an element of security .....

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Aug 26 1994 (HC)

Alaknanda Manufacturing and Finance Pvt. Ltd., Calcutta and Etc. Etc. ...

Court : Mumbai

Reported in : 1995(3)BomCR313; (1995)97BOMLR779

..... by company law board in exercise of powers under s. 250 of the companies act has become final.4. the parliament enacted securities contracts (regulation) act, 1956 to prevent undesirable transactions in securities by regulating the business or dealing therein by prohibiting options and by providing certain matters connected therewith. the parliament, by securities contracts (regulation) amendment act, 1985 inserted new s. 22a and which came into force in january 1986. the ..... amended section deals with free transfer-ability and registration of transfers of listed securities of companies. the expression ..... 'company' under s. 22a(1)(a) means a company whose securities are listed on recognised stock exchange. the section demands that .....

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Oct 14 2008 (HC)

Rajshree Sugars and Chemicals Limited Rep. by Its Director and Chief O ...

Court : Chennai

Reported in : 2008BusLR908; 2009(1)CTC227; (2008)8MLJ261

..... derivatives' stormed the market. to begin with, 'derivatives in securities/shares', were statutorily recognised under amendment act 31 of 1999 to the securities contracts (regulation) act, 1956. by the said amendment act, which came into force with effect from 22.2.2000, section 18a was inserted in the securities contracts (regulation) act, 1956. section 18a reads as follows:18a.contracts in derivative: notwithstanding anything contained in any other law for ..... viz., (i) o.a. no. 251 of 2008, seeking an interim order of injunction restraining the respondents from in any way acting in furtherance of the contract in opt contract no. 727 dated 22.6.2007 by initiating any proceedings for recovering any amount from the plaintiff or seeking recovery of any amount from the plaintiff or initiating measures ..... not enforceable against the plaintiff. (iv) for a permanent injunction restraining the defendants, their men, agents, servants from in any way acting in furtherance of contract in opt no. 727 dated 22.06.2007 with the schedule thereon by initiating any proceedings for recovering any amount from the plaintiff or seeking recovery of any amount from the plaintiffs ..... policy and unenforceable and not binding on the plaintiff company. (ii) to declare that the deal confirmation of u.s. dollar v. swiss franc contract dated 22.06.2007 in opt contract no. 727 with the schedule thereon purportedly made by the cfo on behalf of the plaintiff with the defendant bank is voidable at the instance of .....

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Feb 04 1992 (SC)

Raymond Synthetics Ltd. and Others Vs. Union of India and Others

Court : Supreme Court of India

Reported in : AIR1992SC847; [1992]73CompCas762(SC); JT1992(1)SC463; 1992(1)SCALE264; (1992)2SCC255; [1992]1SCR481

..... that stock exchange has been preferred under section 22 of the securities contracts (regulation) act, 1956 (42 of 1956), such allotment shall not be void until the dismissal of the appeal.(2) where the permission has not been applied for as aforesaid, substituted for 'or has not been granted as aforesaid' by the companies (amendment) act, 1974, w.e.f. 1.2.1975 substituted for ..... of 10 weeks for the grant of permission by stock exchange. equally that becomes the crucial date for calculating the time for preferring an appeal under section 22 of the securities contract (regulations) act, 1956, as aforesaid against the refusal of permission. no doubt, neither in this section nor elsewhere it is stated as to when the company is required to close ..... who is an officer in default should be liable for prosecution.60. as per provisions to sub-section (i), an appeal may be preferred under section 22 of the stock securities contracts (regulations) act, 1956. such an appeal may be -(i) against the decision of stock exchange refusing permission ; and(ii) if the stock exchange fails to dispose of the application for ..... any allotment of shares made by the company becomes void.16. however, from the decision of the stock exchange refusing permission, an appeal will lie under section 22 of the securities contracts (regulation) act, 1956. pending the decision in appeal, the allotment made would not be yoid, and the decision of the concerned stock exchange is made dependent on the result of the .....

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Sep 16 1994 (HC)

Kinetic Engineering Limited Vs. Unit Trust of India, and Another

Court : Mumbai

Reported in : AIR1995Bom194; 1995(3)BomCR656; [1995]84CompCas910(Bom)

..... to be restricted to the statute which gives right of an appeal. under the companies act also the company law board is assigned several functions under the companies act. the present impugned order is obviously an order passed under section 22a of the securities contracts (regulation) act 1956 as amended in 1985 and therefore it is tried to be contended though section 10f provides that ..... of the provision of section 22a of the securities contracts (regulation) act 1956 is very well settled. he also pointed out that prior to 31-5-1991 the companies act provided power of rectification of register of members of the company under section 155 of the companies act and the said provision was omitted by companies (amendment) act, 1988 with effect from 31-5-1991. ..... the said section to the central government. in the new amended section the said power of appeal is given to the company law boardand if all these provisions are read it does appear that there is not much of a change made in section 22a of the securities contracts (regulation) act 1956 under which now an appeal has been provided against the ..... the board of directors of the appellants also took intoconsideration the reply received from the sebi wherein it was indicated that the appellants may follow a procedure as per securities contract (regulation) act, 1956/cornpanies act, while taking decision with regard to the registration of transfer. as required by section 22a(4)(c) the appellants made a reference to the clb and forwarded .....

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Apr 27 1995 (HC)

Surat Electricity Co. Ltd. and Others Vs. Union of India and Others

Court : Mumbai

Reported in : AIR1995Bom377; 1995(4)BomCR71; 1996(1)MhLj50

..... of public limited companies whose securities are listed on the stock exchanges. for this purpose, it is proposed to incorporate a new section, namely, section 22a ..... , in the securities contracts (regulation) act, 1956, and also make necessary consequential amendments in the act, to provide for free transferability of listed securities with adequate safeguards against undesirable take over bids or destabilization of management. under the proposed provision, companies would be ..... securities and health growth of the capital market. unrestricted transferability is particularly necessary for securities of public limited companies which are listed on the stock exchanges. it was in the above context that it was announced in the budget speech, dated 16th march 1985, that the. securities contracts (regulation) act, 1956, would be amended to ensure free transferability of securities ..... registration of the transfers in question were likely to result in a change in the composition of the board. 1(a) under section 22a of the securities contracts (regulation) act, 1956 the board of directors are required to form an opinion in good faith (i.e. bona fide and on relevant material) that the transfers .....

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Apr 19 1999 (HC)

M. Sreenivasulu Reddy and ors. Vs. Kishore R. Chhabria and ors.

Court : Mumbai

Reported in : [2002]109CompCas18(Bom)

..... to the rectification of the register of debenture holders as they apply in relation to the rectification of the register of members'.' 170. on january 17, 1986, the securities contracts (regulation) (amendment) act, 1985 (40 of 1985) came into force which inserted new section 22a to emphasise free transferability and registration of shares and making provision with respect to the circumstances ..... for the removal of doubts, it is hereby provided that nothing in this section shall apply in relation to any securities the instrument of transfer in respect whereof has been lodged with the company before the commencement of the securities contracts (regulation) amendment act, 1985.' 171. thereafter with effect from may 31, 1991, the entire section 111 was substituted by a new ..... section by the amendment act no. 31 of 1988. the new section 111 reads as follows : '111. power to refuse registration and ..... , this court also cannot give any such declaration. it would be against the spirit of the statute. mr. dada referred to section 22a(3)(c) of the securities contracts regulation act, 1956, and pointed out that under that erstwhile section, a likely change in the composition of board of directors was a ground on which a company could refuse .....

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