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1 - 7 of 7 (0.26 seconds)Section 29 in The Income Tax Act, 1961 [Entire Act]
C.N.Paramsivan & Anr vs Sunrise Plaza Tr.Partner & Ors on 9 January, 2013
12. We may note here that the learned counsel for the petitioner has
sought to urge before us that the principal borrower was never opposed to
the condonation of delay and has not filed any objections. This cannot be a
ground for us to interfere in the matter in view of the legal position stated
above. Further, learned counsel for the petitioner points out that the
respondent/Bank had initially given its consent to waive the delay in
making the deposit. Learned counsel for the respondent/Bank, who appears
on advance copy, submits that this may have been the position earlier, but
now intending buyers are approaching the Bank with offers that are higher
than the bid amount offered by the petitioner. Even if, the respondent/Bank
would have supported the case of the petitioner, the legal position cannot
change having regard to the view expressed in the case of C.N.
Paramsivan & Anr. (supra).
Manilal Mohanlal Shah And Others vs Sardar Sayed Ahmed Sayed Mahmad And ... on 14 April, 1954
"28. It is clear from a plain reading of the above that the
provision is mandatory in character. The use of the word
"shall" is both textually and contextually indicative of the
making of the deposit of the amount being a mandatory
requirement. The provisions of Rules 57 and 58 of the
Income-tax Rules, have their equivalent in Order XXI, Rules 84,
85 & 86 of the C.P.C. which are pari materia in language, sweep
and effect and have been held to be mandatory by this Court
in Manilal Mohanlal Shah and Ors. v. Sardar Sayed Ahmed
Sayed Mahmed and Anr. (AIR 1954 SC 349) in the following
words:
The Code of Civil Procedure, 1908
The Recovery Of Debts Due To Banks And Financial Institutions Act, 1993
Canara Bank vs Mithilesh Mittal on 19 February, 2016
1. The petitioner-auction purchaser is aggrieved by the order dated
13.09.2017, passed by the learned DRAT, dismissing his appeal
against the order dated 13.06.2017, passed by the learned DRT-III,
Delhi, upholding an order dated 22.02.2017, passed by the Recovery
Officer in RC No. 312/2015 entitled "Canara Bank vs. Pawan
Mittal".
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