assets under Rule 6EB of the Rules, as per guidelines of
NHB. But with effect from AY 2005-06, the NHB revised its norms ... been directed to have regard to the guidelines issued
by the NHB in relation to such debts. Section 43D of the Act, does
not mandate
regulatory framework on pre-payment penalty by RBI and
National Housing Bank (NHB).
(iii) Legal status of the issue in the light of various judgments ... foreclosure
of the loan.
ii. The refinancing bank National Housing Bank (NHB)
also charges the prepayment levy.
iii. There has been an increase in numbers
similarly counter claim of the appellant against SBI/Harshad Mehta and NHB also arose simultaneously. Thus the claim was off set by the counter claim ... take delivery from SBI and NHB. The appellant has claimed the loss on receipt of the order of the Special Court which passed decree
Resolution Plan in contravention of provisions of 9.a 9-10
NHB Act
B. The Resolution Plan and the distribution 9.b 10-12
mechanism ... IInd Respondents Submissions 25 24-35
A. There is no provisions in NHB Act or any other Law 25A 24-25
which mandates Depositors have
interest on NPA on realization
which is also in compliance with mandatory NHB guidelines, AS 9 and other
applicable accounting standards, provisions of the Companies ... Section 43D cannot be read in contradiction to norms prescribed by NHB.
(c) after insertion of Section 43D method of accounting followed by the
appellant
follows:
a) In May 1992, certain disputes arose between
Grindlays and NHB (a body corporate constituted
under sec.3 of the National Housing Bank ... Account payee
cheques aggregating to 506.54 crores which were
issued by NHB and credited to the account of a
Mumbai based broker Harshad S. Mehta
been directed to have regard to the guidelines issued by the
NHB in relation to such debts. Section 43D of the Act, does not mandate ... rule making authority to follow the guidelines issued by the NHB in relation
to bad and doubtful debts. In exercise of such power the rule
normal net return per acre of the flower.
The National Horticulture Board (NHB) replied that usually 6-7 flowerpots could be placed in a square ... reply. The assessing officer noted that the information as furnished by the NHB was provided to the assessee for its comments. The assessee replied that
Rules applicability 30 50
iv Section 16B of the NHB Act applicability 32 50-58
v Full payment right existence 39 59-60
vi Locus ... India Habitat Centre
Lodhi Road, New Delhi - 110003
Email: ho@nhb.org.in Respondent No.5
6. Piramal Capital & Housing Finance Ltd
Through
Rules applicability 30 50
iv Section 16B of the NHB Act applicability 32 50-58
v Full payment right existence 39 59-60
vi Locus ... India Habitat Centre
Lodhi Road, New Delhi - 110003
Email: ho@nhb.org.in Respondent No.5
6. Piramal Capital & Housing Finance Ltd
Through
