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Judgment Search Results Home > Cases Phrase: securities contracts regulation amendment act 2007 section 2 amendment of section 2 Court: karnataka Page 1 of about 1,841 results (0.105 seconds)

Mar 24 2016 (HC)

Aishwaryaheights Infra Private Limited, Bangalore Vs. The State of Kar ...

Court : Karnataka

..... , privilege accrued to the petitioner under the un-amended section 14 of the ktcp act will not affect the petitioner because of the amendment. in this connection, the learned senior counsel has relied on the following decisions: (i) j.s.yadav vs. state of uttar pradesh and another (2011) 6 scc 570; and (ii) videocom international limited vs. securities and exchange board of india-(2015) 4 ..... submitted on 28.7.2014, on the basis of the circular dated 23.11.2009 submitted a proposal to the deputy commissioner bangalore, district under the karnataka cinema (regulations) rules, 2014 ( cinema regulations for short) seeking approval for sanction of five screen multiplex in 6th and 7th floor of the proposed re-modified plan submitted on 28.7.2014. in the said ..... howrab municipal corporation vs. ganges rope co. ltd.- (2004) 1 scc 663). 22. thus, vested right is a right independent of any contingency. such a right can arise from a contract, statute or by operation of law. a vested right can be taken away only if the law specifically or by necessary implication provides for such a course. (emphasis supplied by ..... 12.11.2008 regarding relaxation of set backs while sanctioning approval of the building plan under the rules of transfer of development rights (tdr rules for short). on 19.10.2007, petitioner obtained sanction for construction of a commercial complex at site no.27/66 (old no.17), kempegowda road, ward no.27, bangalore. the second respondent granted sanction for construction .....

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Sep 23 2005 (HC)

Commissioner of Income Tax Vs. Vijaya Bank

Court : Karnataka

Reported in : (2005)199CTR(Kar)329; [2006]285ITR97(KAR); [2006]285ITR97(Karn)

..... he would refer to the objects of interest-tax act and in particular he invites our attention to the indian securities act, 1920, public debt act, 1944, the security (contract regulation) act, 1956 and the dictionary meaning of 'loan' in support of his submission. he would argue that section 2(7) earlier specifically provided for exclusion with regard to interest on securities. later on, the exclusion is included. therefore ..... interest on securities is subject to interest-tax.' 13. in the light ..... the levy of interest-tax. before this amendment, interest on securities was specifically excluded from the purview of interest-tax in the interest-tax act. the amendment has brought the interest on securities into the ambit of interest-tax in the interest-tax act by deleting the cl. (b)(i) in the newly substituted definition of section 2(7). thus, it is very clear that ..... . the revenue would invite our attention to the definition of interest in view of section 2(7). the revenue would say that earlier the definition specifically excluded in terms of section 7(1) of the act, but now the definition has been amended and in terms of the amended definition, there is no specific exclusion and that, therefore, the intention of the .....

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Mar 06 1995 (HC)

R. Jagadeesh Kumar Vs. P. Srinivasan and Others

Court : Karnataka

Reported in : AIR1995Kant420; [1995]83CompCas677(Kar); ILR1995KAR954; 1995(2)KarLJ218

..... points raised in regard to the merits of the matter. 4. the disciplinary committee made an order on november 12, 1995. it upheld the objection that the requirement of section 9(4) of the securities contracts (regulation) act (hereinafter referred to as 'the act') had not been fulfilled as to prior publication in the gazette of india and after approval of the bye-laws by the ..... of the committee, the proportion of 40 : 60 between the members and non-members had not been maintained and, therefore, the constitution of the disciplinary committee itself is illegal. the amendment to the articles of association to include the executive director as the member of the committee was made on november 19, 1994, long after the initiation of the proceedings against ..... manners: (i) spot delivery contract, where the contract provides for actual delivery of securities on payment of a price either on the day of the contract or the next day excluding perhaps the time taken for despatch of the securities or the remittance of money from one place to another; (ii) ready delivery contract which means a contract for the purchase or sale of securities for the purpose of ..... of management to proceed further in the matter. however, later on this proceeding was sought to be recorded in a different manner. originally, it had been recorded at subject no. 2.2.4 that based on the records verified by them, they felt that there is a prima facie case to be investigated and the charges have to be framed and placed .....

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Jan 19 2011 (HC)

Somashekara Rao, Hiriadka and Another Vs. the Canara Land Investment L ...

Court : Karnataka

..... the board held on 29.11.1993, rejected the said share transfers. then they filed company petition before the company law board, southern region bench, madras, under section 22a(4)(c) of the securities contract regulation act. the said petition was dismissed and a direction was issued to the company to transfer the shares. the appeal preferred against the said order before this court was ..... preference shares were allotted to 8th and 9th respondents. according to the company, the said allotment had been made in order to comply with the statutory requirement of the companies amendment act, 2000 since the paid up capital of a public limited company should not be less than rs.5 lakh. therefore it had increased the paid-up capital to rs.5 ..... who are benefited. the petitioners have been completely excluded from the management of the company. the petitioners have lost trust and confidence in the respondents and the conduct of respondents-2 to 7 is harsh, burdensome and wrongful. the high handed action of the respondents is prejudicial to the interests of the petitioners and the company, since the respondents are benefiting ..... also happens to be the director and if the director has any grievance, he has to work out remedies in a manner known to law and not by invoking section 397(2) of the act. the complaint which is upheld by the company law board, is in respect of the so called injustice done to a director and not to a shareholder and .....

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Dec 05 1994 (HC)

Parvathareddy Vs. State of Karnataka

Court : Karnataka

Reported in : ILR1995KAR1856; 1994(5)KarLJ186

..... taluka and, there cannot be more than one market area in a taluka, the second proviso to section 4 further directs and provides that with effect from the commencement of the karnataka agricultural produce marketing (regulation) and, certain other laws (amendments) act came into existence in 1991. if a market area on that date has been consisting of more than ..... such market committees into one single market committee. that consultation has been arrived at by the state government with regard to the question, if in order to secure sufficient regulation of the marketing of agricultural produce, whether it is necessary to amalgamate the two or more market committees therein and if government is satisfied after consultation, it ..... respect of the agricultural produce specified in the notification, with such constitution, property, rights, interests and authorities and such liabilities, duties and obligations (including provisions in respect of contracts, assets, employees, proceedings, and such incidental, consequential and supplementary matters as may be necessary to give effect to such amalgamation as may be specified in the notification.a ..... market area. the sub-market yard has been defined in sub-section 22 of section 2 and means the specified place declared or deemed to be declared as sub-market yard under sub-section 2 of section 6', and the expression 'market yard' under sub-section 23 of section 2 of the marketing act means the specified place declared or deemed to be declared to be .....

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Aug 03 2004 (HC)

The Senior Divisional Manager, LiC of India Vs. the Vice President, Li ...

Court : Karnataka

Reported in : ILR2004KAR4748; 2004(7)KarLJ388

..... compliance with section 25f of the i.d. act as the terms of contract entitled the corporation to refuse confirmation without giving any notice to the probationer in case he failed to achieve necessary target and such termination effected under regulation 14 shall not be deemed to be 'retrenchment' within section 2(oo) of the i.d. act. the supreme court held:'the amendments introduced in section 48 of ..... of his life insurance protection, to spread insurance much more widely and in particular to the rural areas, and as a further step in the direction of more effective mobilisation of public savings. whereas, the industrial disputes act was enacted to make provision for the investigation ..... . point no. (1):- the life insurance corporation act, 1956 was incorporated to provide for the nationalisation of life insurance business in india and to provide for the regulation and control of the business of the corporation and for matters connected therewith or incidental thereto. the object of passing the said enactment was to ensure absolute security to the policy holder in the matter .....

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Mar 10 1986 (HC)

P. Tej Raj Sharma Vs. Union of India (Uoi)

Court : Karnataka

Reported in : ILR1986KAR2701; 1986(2)KarLJ24

..... for omnibuses. it is so. but that is a situation brought about by a state amendment and constitutes no ground to hold that the proviso to section 63(7) imposes an unreasonable restriction. further, after that act also there is no bar for securing contract carriage permits for motor cabs and operating them as tourist vehicles and on that basis to ..... used to carry passengers for hire or reward, under a contract expressed or implied. sections 49, 50 and 51 of the act regulate the grant of contract carriage permit both for omnibuses and motor cabs. every contract carriage whether a motor cab or omnibus falls within the definition of 'tourist vehicle' given in section 2(29-a), if it is constructed and equipped and maintained ..... for hire or reward under a contract expressed or implied for the use of ..... as an operator of tourist vehicle within a state is concerned, the act enables him to do so by taking a contract carriage permit under section 51. section 49 regulates the making of an application for grant of contract carriage permit and section 50 prescribes the procedure. 'contract carriage' is defined in section 2(3) to mean a motor vehicle which carries a passenger or passengers .....

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Feb 24 2012 (HC)

Bharath Electronics Contract Labour Union, Bangalore, Rep. by Its Gene ...

Court : Karnataka

..... and marked as ex.m-1. the perusal of the same would go to show that the said registration has been issued by the appropriate government under sub section (2) of section 7 of the contract labour regulation act. the particulars of contractors is also appended to the said list whereunder m/s. be sc st welfare assn. and m/s. be karnataka karmikara hitharakshaka ..... made under section 7, 8, 12 or 14 ..... . v. lakshminarayan, learned counsel appearing for petitioner and sri. p.d. vishwanath learned counsel for m/s. agh associates for respondent. perused the impugned order as also the records secured from the industrial tribunal.6. industrial tribunal has come to a conclusion that dispute raised by sri hemanth and 29 others is more an individual dispute and union has not ..... establishment prohibits such establishment to employ contract labour. the contractor as defined under section 2(c) of the act, cannot undertake or execute any work unless licence is issued in that behalf by the licencing officer and the licencing officer is empowered to grant licence under section 13 and such officer is also empowered to revoke, suspend and amend the licence. aggrieved by any order .....

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Jan 31 1986 (HC)

Rudraiah Raju Vs. State of Karnataka

Court : Karnataka

Reported in : ILR1986KAR587

..... policy, was by taking steps to frame or amend the rules first in accordance with the provisions of the act regulating the disposal of the largess/privilege, of bottling arrack to persons other than those who had secured the privilege of distilling/manufacturing liquor or the right to vend liquor etc., in terms of section 17 of the act and the rules framed thereunder. (see : ..... if the answers on the aforesaid questions are in favour of the petitions, have they been able to establish that public interest has suffered by respondents 1 & 2 assigning the bottling contracts to respondents 3 to 10 for the reason that.(i) the government had not followed the usual trade practice of calling for tenders while fixing the charges of ..... certificates, which were usually required in respect of applications for awarding of contracts, one such being the income-tax clearance certificate.(2) applicants eligible under rule 3(2) of the bottling rules were excluded to get at the 'chosen eight' out of whom seven were ineligible under that rule, for securing bottling licence.(3) application of an eligible applicant--the mysore sugar ..... in view of the pleas of the parties, the following questions arise for consideration :-i. whether the petitioners have locus standi to present the petitions ?ii. whether the decision of the government to grant the contract is justiciable,iii. if the decision is justiciable,(a) whether the decision is in violation of law, arbitrary and capricious, and(b) whether the decision .....

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Aug 03 2012 (HC)

Dr. C.M. Hanumantharaju and ors. Vs. Dr. Siddappa and ors.

Court : Karnataka

..... notwithstanding anything inconsistent therewith contained in any other law with respect to matters for which provision is made in this act or for which rules can be made under the act. sub-section (2) of section 8 states that any rule made under this act may be made with retrospective effect and when such a rule is made, the reasons for making the rule would ..... their right to selection and admission to post-graduate courses is unaffected. therefore, the amendments in no way take away the vested rights of the contract doctors absorbed under the absorption rules, 2006. therefore, the amendments made to the absorption rules 2006, 2007 and 2009 are valid.74. learned senior counsel appearing for some of the respondents has relied upon the following ..... graduate medical and dental courses both degree and diploma of pursuant to the decision of supreme court in gopal d. thirthani and regulation 9 of the pgme regulations. regulation 9 of the said regulation reads as follows:6. regulation 9 of the regulations framed by the medical council of india reads as follows:9 selection of postgraduate students (1) students for postgraduate medical courses ..... are granted autonomous status including the persons deputed from such services to any other foreign services;(h) merit means the order of merit determined on the basis of marks secured in the entrance test;rule 3 deals with entrance test, rule 4 speaks of eligibility, while rule 10 deals with the procedure for selection of in-service candidates for .....

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