Punjab Village Common Lands (Regulation) Act, 1961, Section 6, 10A - - Panchayat land - Sale to close family member of Sarpanch - Validity - Resolution passed by Gram Panchayat is devoid of purpose of sale and sale has been effected in favour of a very close family member of Sarpanch - Held, sale cannot stand the test of judicial scrutiny - Sale in favour of petitioner is..........
Securities and Exchange Board of India Act, 1992, Section 30, 11(2)(h), Constitution of India, 1950, Article 14 -- SEBI (Substantial Acquisition of Shares and Takeover) Regulations, Regns.27(1)(d) & 10 - Permission to withdraw from public offer - Rejection of - Validity - Appellants after making a market assessment decided to invoke pledge - Since shares which came to..........
Securities and Exchange Board of India Act, 1992, Section 11, 11B -- Power of Board - Regulation of securities market - Held, SEBI has all the powers to protect interests of investors in securities and also to ensure orderly, regulated, and transparent functioning of stock markets...........
Punjab Village Common Lands (Regulation) Act, 1961, Section 11, 2(g) -- Suit for declaration of title to land by Gram Panchayat - Plea of Panchayat that disputed land is `shamlat deh' - Petitioners raising objection by pleading that they are in cultivating possession of land since 1950 - Petitioner also pleaded that mutation entries were made in their favour - Mutation..........
Uttar Pradesh Urban Buildings (Regulation of Letting to Rent and Eviction) Rules, 1972 - - Eviction - Denial of title - Defendants/tenants categorically accepted that they took premises on rent from deceased father of plaintiffs - They also pleaded payment of rent to him and after his death to his successors - Held, denial of title of plaintiffs by defendants not..........
Punjab Village Common Lands (Regulation) Act, 1961, Section 2(g), 7, East Punjab Holdings (Consolidation and Prevention of Fragmentation) Act, 1948, Section 18, 23A -- Jumla Mushtarka Malkan, land - Unauthorized occupants - Petitioners are in possession of land described as, Jumla Mushtarka Malkan, which was included in Shamilat Deh, by S.2(g)(6) of the 1961 Act - Held,..........
Punjab Village Common Lands (Regulation) Rules, 1964, Rule 12 - - Exchange of land - Challenge to - Doctrine of estoppel - R.12 of 1964 Rules not complied with - Held, exchange would be void ab initio and principle of estoppel will not be attracted against petitioner-Gram Panchayat...........
Punjab Village Common Lands (Regulation) Act, 1961, Section 7 - - Punjab Gram Panchayat (Common Purposes Land) Eviction and Rent Recovery Act, 1976, Public Premises and Land (Eviction and Rent Recovery Act, 1973 - Eviction petition - Maintainability - Land in dispute is Jumla Mushtarka Malkan - Such land is not included in shamlat deh under any provision of 1961 Act -..........
Punjab Village Common Lands (Regulation) Act, 1954 -- Allotment of land - Shortfall - Alternative land allotted with share in shamlat deh as land was acquired for capital project of Chandigarh - But on account of enactment of the Act, 1953 land proposed to be allotted came to vest in Gram Panchayat and, therefore, land could not be allotted - Financial Commissioner after..........
East Punjab Holdings (Consolidation and Prevention of Fragmentation) Act, 1948, Section 42, Punjab Village Common Lands (Regulation) Act, 1961, Section 11 -- Vesting of land in Gram Panchayat - Jurisdiction of Collector - Held, only authority empowered to determine whether land vests or does not vest in a Gram Panchayat is a Collector exercising power u/s.11 of the 1961..........
