Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 -- Reguls.27, 22 - Takeover offer - Withdrawal of - Undue delay on part of SEBI in dealing with offer, itself not sufficient for withdrawal of offer by acquirer - Instant case does not fall within circumstances given in Regul.27 of Regulations - In absence of..........
Civil Procedure Code, 1908, Section 100 -- Second appeal - Suit for permanent injunction - Predecessor-i, interest of plaintiffs purchased half of suit property from predecessors-i, interest of defendants by way of registered sale deed and remaining suit land was obtained by way of exchange - Sale deed in question is proved on record - Plaintiff thus became the owner of..........
Punjab Village Command Lands Regulation Rules, 1955, Rule 5 -- Exchange of Land - If in opinion of Panchayat it is necessary to exchange some land for benefit of inhabitants of village, they may with prior approval of Collector transfer any land in Shamlat Deh by exchange with land of any equivalent value...........
Punjab Village Common Lands (Regulation) Act, 1961, Section 5, Punjab Village Command Lands Regulation Rules, 1955, Rule 5 -- Exchange of Land - Evidently strict language of law would require prior approval but in instant case with persistence of Panchayat, land of petitioner stood utilized and that too for benefit of entire village - Since petitioners continue to be in..........
Civil Procedure Code, 1908, Order 1, Rule 10, Civil Procedure Code, 1908, Order 22, Rule 10, , Order 6, Rule 17 -- Impleadment of subsequent purchasers - Suit for cancellation of exchange deeds and permanent injunction - Applicants purchased the property during pendency of proceedings from plaintiff - It cannot be said that applicants are bonafide purchasers and title,..........
Indian Penal Code, 1860, Section 302, 304(Part I) -- Nature of offence - Accused inflicted knife blow to deceased after heated exchange of words, as a result of which deceased died - There was no pre-mediation and incident occurred in the heat of passion in a sudden fight - Offence committed by accused is covered u/s 304(Part I) IPC and not u/s 302 IPC...........
Civil Procedure Code, 1908, Order 37, Negotiable Instruments Act, 1881, Section 87, 5 -- Summary suit - Cheque - Material alterations - Once the cheque is returned unpaid for the reason of having been altered, the same ceases to be a bill of exchange within meaning of S.5 of Negotiable Instruments Act, 1881 for suit U.O.37 CPC to be maintained thereon unless such..........
Foreign Exchange Regulation Act, 1973, Section 56(1)(i), 18(2), (3) -- Offence under RERA - Repatriation of export proceeds - In instant case judgment of Tribunal that appellant Company is not guilty, is on merits, and the conclusion has been arrived at that the appellants have not violated the provisions of the Act - When on basis of factual matrix there is a finding by..........
Income Tax Act, 1961, Section 9(1), 194J, Finance Act, 2004, Section 40(a)(ia) -- High court held that transaction charges paid by a member of the BSE to transact business of sale and purchase of shares amounts to payment of a fee for `technical services', so TDS was deductible - `Technical services' would denote seeking of services to cater to the special needs of the..........
Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974, Section 3(1)(i), 3(1)(ii) -- Preventive detention - Non-mention in the grounds of detention about show cause notice - Not a sufficient ground to quash order of detention at its pre-execution stage...........
