respondents contended that, having regard to the close relationship of the defaulting subscriber with the petitioners, petitioners also should be held as subscribers ... recover its dues towards rent and telephone charges from a defaulting subscriber. Rule 443 reads:
443 : Default of payment:
If, on or before
well as proof. However, as is customary in chit transactions, the defaulting subscriber is bound to pay interest at the contracted rate which is indicated ... calculated from the date of default by the subscriber till date of the winding-up order at 18 per cent per annum and thereafter
payment of the remaining installments. In the event of default by subscribers in payment of installment on due dates, penalties are imposed in various forms ... security offered by prized subscribers to the foreman for payment of future installments, substitution of subscribers in case of default, etc. should be self-contained
resemblance to the nature of liability of a non-prized subscriber for his default to pay subscription and the liability of a prized subscriber ... treated as a "debt". Further till the prized subscriber commits default in payment of future subscription, the question of his liability will
telephone and subscribers and each one of them has rights and liabilities of a subscriber. Therefore, when such partner subscriber is in default in payment ... definition of "subscriber", it is seen that a subscriber is a person, who has subscribed for a particular telephone whether
Rules) which provides for disconnection of telephone for the default of a subscriber to pay arrears of the telephone bill, does not empower the respondents ... Telegraph Authority thinks fit, be restored, if the defaulting subscriber pays the outstanding dues and the reconnection fee together with the rental for such portion
Department to disconnect any telephone standing in the name of the subscriber for default committed by the said subscriber in regard to payment of bills ... name of the same subscriber. The said rule is extracted below for ready reference:
"443. Default of payment.-- x x x
5. Learned Counsel
Chit Company registered under the Chit Funds Act, 1982 . The subscriber viz., the principal debtor Sri Shyam Bhandary of Uppinangady was a member ... respondents Sri Panchakshari and Sri M.P. Balakrishna Bhandary. The subscriber defaulted in payment of the subscription due in accordance with the terms
ORDER
The petitioners, who are the defaulting subscribers of
chit are assailing the judgment and award dated
06.02.2024 passed in the dispute bearing
ORDER
The petitioners, who are the defaulting subscribers of
chit are assailing the judgment and award dated
06.02.2024 passed in the dispute bearing