Securities And Timeshare Owners ... vs Securities And Exchange Board Of India ... on 24 July, 2019
Author: N. M. Jamdar
Bench: Pradeep Nandrajog , N. M. Jamdar ... PUBLIC INTEREST LITIGATION NO. 12 OF 2017
M/s. Securities and Timeshare Owners
Welfare Association .. Petitioner
Vs.
Securities and Exchange Board of
India
Securities And Timeshare Owners ... vs Securities And Exchange Board Of India ... on 11 December, 2019
Bench: S.C. Dharmadhikari , R. I. Chagla
IN THE HIGH ... JURISDICTION
PUBLIC INTEREST LITIGATION NO. 12 OF 2017
M/s Securities And Timeshare Owners Welfare ....Petitioner
Association
V/S
Securities And Exchange Board Of India
luxury tax for the year
2002-03 in respect of the petitioner timeshare/membership holiday resort at
Ooty.
For Petitioner ... clause (d) wherever any accommodation in
a hotel is provided under timeshare agreement or under package deal
agreement or under any such other system wherein
that it creates
barriers to competition for its rival in the timeshare exchange market, i.e. Interval
International.
6. The Informant has prayed that ... public domain, the
Commission observed that the matter pertains to 'Timeshare' sector. Briefly, a timeshare
is a model in which customers
holiday resorts for a period of 99 years in the form of timeshares. In the aforesaid offer respondent had promised timeshare holders a lifetime ... affiliated to resort Condominium India Pvt. Ltd. which enables the Timeshare holders to take holidays abroad. On the basis of respondent's representation
Acit Company Circle Vi(1), Chennai vs Saipem India Projects Private Limited, ... on 23 December
answer the question posed to the Special
Bench, the entire amount of timeshare membership fee receivable
by the assessee up front at the time
