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1/ The Industrial Loan is required for an industry which is a social activity generating employment for the masses (direct as well as indirect), generation of public revenue by way of taxation for meeting public expenses thro ..
1. Introduction: Section 34 of the DRT Act, 1993 (short for Recovery Of Debts Due To Banks and Financial Institutions Act, 1993) provides that the Act to have overriding effect. Similarly, Section 35 of the Securit ..
It is a prevalent belief that section 17 of the Arbitration and Conciliation Act, 1996 (the Act) does not confer any power on the Arbitral tribunal to enforce its order for interim measure of protection, nor does it provide for judic ..
QUERY: "Kindly give opinion whether the jurisdiction of civil court is not excluded and the DRT does not have power to decide tenancy and ownership issues?" (This has become necessary to convince the Civil Court, before whom a suit is ..
Extracts from Section 3 and Entry No. 5 in Schedule I to the Indian Stamp Act, 1899 are reproduced below for ready reference. (A) Entry No. 5 in Schedule I (Stamp Duty on Instruments) to the Indian Stamp Act, 1899 read as follows. 5. AGRE ..
An extract of section 58(f) and section 59 of the Transfer of Property Act, 1882 is reproduced below for ready reference. 58(f). Mortgage by deposit of title-deeds.Where a person in any of the following towns, namely, the towns of Calcutt ..
1.1 Honble Supreme Court in U.P. Avas Evam Vikas Parishad & Anr. Vs. Friends Coop. Housing Society Ltd. & Anr. (AIR 1996 SC 114; Date of Judgment 24/04/1995) held that Right to shelter is a fundamental right, which springs ..
Introduction Recently in Commissioner of Income-tax Vs. General Insurance Corporation (2007)19 CLA-BL Supp 85 (SC) (decided on 25 September, 2006) (hereinafter referred to as CIT Vs. GIC) the Honble Supreme Court has held t ..
Recently, in Kanaiyalal Lalchand Sachdev & Ors. Vs. State of Maharashtra & Ors. {(2011) 2 SCC 782; decided on 07.02.2011} honble Supreme Court has observed as follows (in para 21): 21. In our opinion, therefore, the High Cour ..
In HARSHENDRA KUMAR D. V. REBATILATA KOLEY ETC {(2011) 3 SCC 351; Decided on 8-02-2011} honble Supreme Court has held as follows (in para 26 and 28). 26In our opinion, the High Court fell int ..
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