assessee before the Assessing Officer
on 3.9.2003 was as under:
"(9) Canstar
The Canstar units purchased during the
year ended 31.3.1998 by the bank ... taxable Income. For the
Assessment Year 2001-02, as the entire
CANSTAR units have been redeemed, there
has been loss of `95.21 crore for which
Capital gain was said to be received on the repurchase of Canstar which was matured in August, 1990, During the proceedings under Section ... publication be allowed as a business loss and the maturity value of Canstar should not be treated as capital gains. It should be taken
Stock Exchange Association represented before the Board that Canara Bank had
settled Canstar Fund Mutual Fund 1990 Scheme for raising deposits (amount). He
convinced ... Ghosh for investment of money in the Employees Group Insurance Account in
CANSTAR. Thereafter the accountant A.K.Lehri placed the file with his
Patna
contended that even in the instant case, whether the scrips known as Canstar, Canshare and Cantriple were listed or not in the Stock Exchange, makes ... regard to the aforesaid transactions of the securities pertaining to the Canshare, Canstar and Cantriple the financing was done by the Canfina
Managing Director, Executive Director of the AMC, concerning repurchase facility of Canstar units and the same is pending.
The Fund has taken necessary steps ... Lucknow Bench of Allahabad High Court concerning suspension of repurchase facility under Canstar Scheme is pending. The Fund has taken necessary steps as legally advised
Plaintiff claims herself to be owner of 1000 "Canstar"
units (hereinafter referred to as "said units") of defendant No.1
company ... defendant
No.1 made a public offer of its units namely "Canstar", offering
the same to the general public @ Rs.10/- per unit
addition thereto, there was to be conversion of bank receipts of
Canstars having valued at Rs. 10 crores. According to the appellant bank,
no such
reference was made to Bhartiya Janta Party (for short BJP)
investing in Canstar Fund.
14. It was asserted on behalf of petitioners that constitution
point I above)
Rs. 5,73,376
(IV)
Can bank Mutual Fund -- Canstar
Rs. 50,000
(V)
Units from UTI(face value
Central Bureau Of Investigation, Bank ... vs Mulangi Krishnaswamy Ashok Kumar & ... on 16 March, 1999
