Central Coalfieds Limited vs Sll-Sml (Joint Venture Consortium) . on 17 August, 2016
Author: Madan B. Lokur
Bench: Madan B. Lokur
REPORTABLE
IN THE SUPREME ... Central Coalfields Limited & Anr. .…Appellants
Versus
SLL – SML (Joint Venture Consortium) &
Ors. ….Respondents
WITH
CIVIL APPEAL NO. 8005 OF 2016
PLR-RPL – SMASL
agreement
of the appellant with the respondents was not a joint venture. The District
Forum had arrived at the said decision on the basis ... joint venture, a service provider.
The landowner himself is responsible for the construction as a co-
adventurer in the venture. But such true joint ventures
otherwise of the action of the State
Government canceling the joint venture
of
agreement and taking consequential
action, which was the subject matter of
rtthe ... running of the hotel business, Claimant No.2 entered
into a Joint Venture Agreement with M/s. East India
Hotel (EIH) Limited, Claimant
plot since demolished,
was brought in by the defendant into the Joint Venture as their
contribution in addition to the cash for construction of hotel ... virtue of this agreement, the land became the asset of the Joint Venture.
According to the plaintiff, if the land was not so brought
between the Assessee and SWPL is joint venture between the two, where the two co-venture are jointly controlling a common activity and sharing ... absent in the relationship amongst the partners/co-venturers or between the co-venturers and joint venture. In such an arrangement of joint venture/partnership
Smasl(Jv) vs Sll-Sml (Joint Venture Consortium ) . on 11 April, 2016
Bench: Madan B. Lokur , N.V. Ramana
ITEM NO.17 COURT ... Ranchi)
PLR - RPL -SMASL(JV) Petitioner(s)
VERSUS
SLL-SML (JOINT VENTURE CONSORTIUM ) AND ORS. Respondent(s)
(With appln. (s) for permission to file
venture? It is a commercial undertaking entered into
jointly by two or more entities. Joint ventures will have a profit or loss
sharing ratio ... venture only. In its financial
statements each reporting entity accounts for its own share of the assets,
liabilities, and cash flows of the venture. Joint
80IB(10) against
the joint venture housing project with Guru Pragya Infrastructure Pvt Ltd.
In support of this claim, the assessee filed Certificate ... referring to various clauses in joint agreement dated 19.03.2008
(Copy at PB Page 62-94) concluded that joint venture agreement is
nothing but sale
respectively.
3. EMTA and the Power Corporation entered into a joint venture
agreement on 28th April, 1995 to develop coal blocks which were
allocated ... Power Corporation for captive
consumption of the Power Corporation. Under the joint venture
agreement, a new company was formed for mining operations in
Pachhwara (North
COMMON ORDER: (per Honble Sri Justice Ramesh Ranganathan)
Five joint-venture entities have invoked the jurisdiction of this
Court questioning the orders passed ... assessment year 2012-13, records that
the assessee was a joint-venture executing civil contract works; they
had filed their return of income
