example, NCTE is required to satisfy itself about the adequate financial resources, accommodation, library, qualified staff, and laboratory required for proper functioning of an institution ... affiliation on the ground that the institution does not have adequate financial resources, accommodation, library, qualified staff, or laboratory required for proper functioning
given for commercial expediency, business
necessity and emergency needs resulting in financial
accommodation between sister concerns.
• In the instant case, the contribution given ... fact that every financial transaction cannot be
a loan or advance. Commercial expediency, business necessity and
emergency needs result in financial accommodation between sister
concerns
Kamal - XXIII and M.V. Kamal - XXIV. Plaintiff extended
financial accommodation for purchase, by its borrower, the two barges, second
hand. Borrower paid three ... agreement dated 3rd July, 2012 between itself and customer who
obtained financial accommodation to purchase, as aforesaid, two second hand
barges. The customer is named
agreement
dated March 19, 2014, the respondent no.1 obtained a financial
accommodation of Rs.70 crore for the purpose of developing projects
namely ... recording the renegotiated terms and conditions of grant of
the aforesaid financial accommodation by the petitioner. The respondent
2
no.2 company as a corporate
2230/AHD/12
DATED 22.03.2013]. Thus, the acceptance of the financial accommodation from
Ranjit Roy (HUF) by the assessee does not fall within the purview ... 271D of the Act was passed against the assessee for accepting financial
accommodation in cash in the amount of Rs. 4,50,000/- from Ranjit
commission so as to meet their administrative expenses and
augment the financial strength. The farmers or agriculturists
while taking loans create security interest of their ... primary object or principal business of which is to
provide financial accommodation to its members for
agricultural purposes or for purposes connected with
agricultural activities
funds, the complainant stated that
the appellant had sought a 'financial accommodation' of
Rs.15 Lakhs and paid
Dharani Sugars And Chemicals Ltd vs Union Of India on 2 April, 2019
Equivalent citations
operative society, the primary object of which is to
provide financial accommodation to its members and includes a co-operative land mortgage bank;
[(cciia ... primary object or principal business of which is to provide financial accommodation to its
members for agricultural purposes or for purposes connected with agricultural activities
operative Society, the primary
object of which is to provide financial accommodation to its members
and includes a co-operative land mortgage bank
