, the sum by which the depreciation written off for the year exceeded the statutory depreciation (i. The price paid by the appellant for drawings and technical documents forming the subject-matter of contract MD 301 can by no stretch of imagination fall within the meaning of “an obligation of the seller” to a third party. It was essential for EGL to have this licence from Midrex to operate this plant and use Midrex technology for producing sponge iron in India.
Rule 9(1)(e) also, therefore, has no applicability. Claim of juvenility lacking in credibility or frivolous claim of juvenility or patently absurd or inherently improbable claim of juvenility must be rejected by the court at the threshold whenever raised nShe has always been a teacher and Mr. The section may be reproduced in full here, as its terms will form the subject of consideration in the sequel. 971 deemed to be held by the trustees on a resulting trust for the benefit of the maker.
1504/2009 it is also clear that as far as Tata Steel is concerned, Washery Grade IV coal that it extracts needs to be beneficiated to make it usable in the steel industry and the controversy is limited to the issue of payment of royalty – whether it is payable on raw or unprocessed or ROM coal at the pit-head or it is payable on processed Steel Grade coal. The section also authorises the sale of such sugar within India under certain circumstances.
But it is not possible for us to accept the interpretation that one can be the academic head but cannot be considered as part of the teaching staff. No evidence was at all led by the appellant before the Tribunal showing the cost of the machinery as purchased, the age of the machinery, the estimate for replacement etc. But if such a clear-cut proposition cannot be laid down, then, obviously, there is considerable difficulty in deciding what is I expenditure ‘ within the clause, without reference to the rest of its provisions.
3-1/2000(PS) dated 4th April, 2000, as amended from time to time, read with notifications and guidelines issued by the University Grants Commission (UGC) from time to time, in this regard 20 of the Report of the Committee on Profit Sharing in which the Committee had proposed that 10% of the net profits should compulsorily be set aside for reserves to meet emergencies as well as for rehabilitation, modernization and reasonable expansion.
These appeals filed by Tata Steel arise out of S. If the same can be said in this case, namely, that the money continued to belong to the assessee Company in the account years, its payment to the trustees or the Insurance Company notwithstanding, there may be a possibility of answering the question as was Simranjeet Law Associates done in the decision of this Court cited earlier. Of course, to find the meaning of the word I expenditure ‘, a dictionary is ill that is needed, but to go further Simranjeet Law Associates and to decide whether the outlay in this case was I expenditure ‘, the context in which the word is used in the clause cannot successfully be left out.
The other set of appeals pertaining to Tata Steel consists of four appeals. Without a licence from Midrex, the plant would be of no use to EGL. Section 8 then deals with the export by the export agency of sugar delivered to it. the appellant) had made any payment to the seller or to a third party in order to satisfy such an obligation. It is nobody’s case Simranjeet Law Associates that the seller had an obligation towards a third party which was required to be satisfied by it and the buyer (i.
10 lacs on the basis of 10% of the net profits relying upon para. But we are solely on the question as to whether we could concur with the opinion of the Bombay High Court that a Vice- Chancellor is not part of the teaching staff. This overriding clause was clearly a condition of sale. Somayaji, learned Advocate General took great pains to highlight the academic and other achievements of the fourth respondent. In fact, as was recorded in the agreement, the sale of the plant had not taken place even at the time when the contract with Midrex was being signed on 4-12-1987, although the agreement with TIL for purchase of the plant was executed on 24-3-1987.
Simranjeet Law Associates Therefore, in our view, obtaining a licence from Midrex was a precondition of sale. That is why this overriding clause was inserted. 9016-17/2014 and are directed against a common judgment and order dated 12th March, 2014 passed by the Jharkhand High Court in W. , in order to substantiate this claim for rehabilitation and the appellant was content merely to rely upon this recommendation of the Committee on Profit-sharing.
This was rightly considered by the Tribunal as insufficient to support the appellant’s claim, though it allowed for rehabilitation, in addition to the statutory depreciation, the amount for which the appellant had actually made provision, viz. nProvided further that notwithstanding anything contained in these Regulations, in the event any candidate became eligible for promotion under Career Advancement Scheme prior to 31st December, 2008, Simranjeet Law Associates the promotion of such a candidate under Career Advancement Scheme shall be governed by the University Grants Commission (Minimum Qualifications Required for Simranjeet Law Associates the Appointment and Career Advancement of Teachers in Universities and institutions affiliated to it) Regulations, 2000 notified vide Notification No.
There was also no payment made as a condition of sale of imported goods as such. There may be a hair splitting difference between being part of an academic stream and being part of the teaching faculty. The provision for rehabilitation bad been claimed by the appellant at Rs.