fair
provision for future life, value of gold ornaments, return of parental
share paid at the time of marriage and also house hold articles ... provision and Rs.10,000/- allegedly paid as
'acharam' (parental share) and Rs.1,000/- as costs.
2. The petitioner has filed this
neither the
parent company nor the assessee company had to forego any premium.
The parent company received the full price for its share ... parent company and there was an actual outflow of cash from the assessee to
the foreign parent company. The price at which shares were issued
betrothal,
which was on 25.1.1996, as the petitioner's parental
share. That apart, she was given 166 gms of gold
ornaments ... contention that the entire amount
given as parental share and the gold ornaments were
Mat.Appeal.No. 447 of 2011 3
appropriated by the respondents
care, affection and security 24 hours. The solution
is not time share parenting but the only solution for the child
who needs special care ... shared parenting where both the
parents are available. But as noted above, the matrimonial
allinace has broken down and it is difficult to expect
observed that in the
aforementioned cases the shares of the parent/holding company were
issued to the employees of the subsidiary companies, and the
subsidiary ... assessee company on
account of payments made by it for the shares of parent/holding
company allotted to its employees was allowable as a revenue
matter is a unique case of the
subsidiary holding the shares of the parent company and the sales of which
made by the subsidiary getting ... also the authorized Director for transacting
in the shares of the parent company held by the subsidiary. Entries
belonging to October sales cannot be taken
separate property of the parents and not
the coparcenary property, in which the parent has a
share. (Contrary view in ( Raghunath V. Nana ),
LXXXVII ... property of their parents, arises only after the death of their parents and
not during the lifetime of their parents. Their right accrues by
succession
their parents, therefore, include the property, which is self-
acquired by the parents, or, which is in the hands of their parents as
joint family ... separate property of the
parents and not the coparcenery property, in which
the parent has a share
attached hereto
as Exhibit "A".
C. The parties shall share parental responsibility, for the minor child. The
Page
transferability of shares in the
Karar. It was an agreement between particular shareholders relating
to the transfer of specified shares, namely those inherited from ... consciously entered into the agreement regarding the
transfer of their parents shares are therefore obliged to act in terms
of the Karar. The defence
