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....f its memorandum the assessee was not to support any endeavour on the part of its members to make it a trading concern. Its income was under clause 5 to be applied solely towards the promotion of and carrying out of its objects and no portion of it could be paid or transferred directly or indirectly......ance to small industrial entrepreneurs to generate employment opportunities on self sustainable basis. The society receive funds from USAID, the Asia Foundation, Ford Foundation, SDC, etc and extends loan to small industrial entrepreneurs for industrial growth on a nominal service charge on the loan..
Category: Fiscal/Taxation Law | Date: | Hits: 65
M Tariqullah Sikder Vs. Sonali Bank, 2005, 34 CLC (HCD)
....-4-2002 and 25-4-2002 passed by the court below are affirmed. Civil Rule No. 705(F)/2003 be accordingly, discharged. Copy be sent down. Ed. This Case is also Reported in: 59 DLR (2007) 695. ......stated that Sonali Bank as plaintiff filed Civil Suit No. 254/2001 in the Court of Joint District Judge, and Artha Rin Adalat No. 1 Dhaka against M Tariqullah Sikder as defendant for realisation of loan money from him with interest. Said suit was decreed ex parte on 18-4-2002 by Artha Rin Adalat N..Category: Civil Law | Date: | Hits: 92
State Vs. Al Hasib Bin Jamal alias Hasib and five others, 2007, 36 CLC (HCD)
....altan, Dhaka, having been informed by Azahar Ali Bhuiyan over telephone, rushed to Dhaka Medical College Hospital where her husband was admitted. After surgical operation he was kept in the intensive care unit of the hospital. 3. Further prosecution case is, that some days before the occurrence i......absconding accused Ali Hasib Bin Jamal @ Hasib, Almas and Anif Mahmud alias Aurango @ Anga. Send down the lower Court's records at once. Ed. This Case is also Reported in: 59 DLR (2007) 653. ..Category: Criminal Law | Date: | Hits: 40
Udayan Garments (Pvt.) Ltd. Vs. Bangladesh and others, 2007, 36 CLC (HCD)
....rtificate under section 33(5) of the Ain in Writ Petition No. 6732 of 2004 are made absolute. However, there will be no order as to costs. Ed. This Case is also Reported in: 59 DLR (2007) 615....... transpires that the Artha Rin Adalat Ain, 2003 (Act VIII of 2003) was promulgated with a view to further consolidate and amend the existing law i.e. Artha Rin Adalat Ain, 1990 for speedy recovery of loan of the financial institution. Whereas, by virtue of section 60(1) of the Ain, 2003 the Artha Ri..Category: Constitutional Law | Date: | Hits: 168
Angels Corporation (Pvt.) Ltd. and another Vs. Bangladesh and others, 2007, 36 CLC (HCD)
....d. Hence, it cannot be said that the petitioner-company is a person aggrieved under Article 102(2) of the Constitution on the said issue for disposal of the present Rule. In this regard, we have also carefully examined the facts and the findings made by the Appellate Division in the case of MM Ispah...... 2. Subsequently, in the said writ petition an additional Rule Nisi has been obtained to show cause as to "why section 50 relating to fixation of the rate of interest and why the definition of loan as contemplated in section 2(ga) (4) of the Ain, 2003 should not be declared to be not applicab..Category: Others | Date: | Hits: 104
A Wadud Member and another Vs. State, 2006, 35 CLC (HCD)
....losive Substance Act. From narration of facts in the first information report if appears that in the election campaign, the informant was subjected to bomb explosion. At that time by the light of the car the informant could recognise the accused petitioners with co-accuseds taking active part in hur......We find no substance in the Rule, In the result, the Rule is discharged. The order of stay granted by this Court is vacated. Ed. This Case is also Reported in: 59 DLR (2007) 586. ..Category: Criminal Law | Date: | Hits: 29
Namita Rani Biswas and others Vs. Rabindra Nath Majhi and others, 2007, 36 CLC (HCD)
....mpression with which the disputed signature, writing or finger impression may be compared by the Court but such a comparison is a mode of ascertaining the truth which ought to be used with very great care and caution. Though there is no prohibition of such mode of proof, it has been regarded as haza......r and above, the respondent stated in the application that Harinath granted licence to his father and uncle in respect of 1.64 acres of land but in his deposition as PW 1 he stated that Harinath took loan of Taka 5,000 from his father and in exchange of that amount of money, he gave borga of the lan..Category: Property Law | Date: | Hits: 68
Oriental Bank Ltd. Vs. Sitara Siddiq, 2007, 36 CLC (HCD)
....been examined as PW 1 in part, the trial Court is directed to dispose of the suit within three months from date of receipt of the Judgment. Ed. This Case is also Reported in: 59 DLR (2007) 573. ......ntinue the two suits. He further submitted that opposite party has filed Title suit No. 209 of 2002 for getting back the documents of his properties alleging that she is not liable for payment of the loan money. So, he submitted that this suit has no nexus with the realisation of loan money and the ..Category: Civil Law | Date: | Hits: 82
Mahmudur Rahman and another Vs. Bangladesh Bank and others, 2006, 35 CLC (HCD)
....ক্তি, কোম্পানী বা প্রতিষ্ঠান এবং কোন জামিনদারও ইহার অন্তর্ভূক্ত হইবে ৷ 15. A careful reading of the definition (খেলাপী ঋন গ্রহীতা) therefore w......erence No. CIB-3 (30) 2007504-dated 1-8-2001 and the CIB Lists dated 20th May, 2001 as shown to the petitioner by the Programme respondent No. 1 including the name of the petitioner as a defaulting loanee as a Director of Modern Jute Mills Limited as communicated to the petitioner by the Programme..Category: Banking Law | Date: | Hits: 124
HP Cold Rolling Mills Ltd. Vs. National Board of Revenue and others, 2007, 36 CLC (HCD)
....tual export of the finished goods as drawback expeditiously, preferably within two months of receipt of this order. Communicate at once. Ed. This Case is also Reported in: 59 DLR (2007) 483.......ntroduced by an Act of Parliament, namely, Finance Act of 1997 under Article 83 of the Constitution. Article 84 of the Constitution provides- (1) All revenues received by the Government, all loans raised by the Government, and all moneys received by it in repayment of any loan shall form pa..Category: Fiscal/Taxation Law | Date: | Hits: 93
Major Monjur Quader(Retd.) Vs. Bangladesh Bank and others, 2006, 35 CLC (HCD)
....্তি, কোম্পানী বা প্রতিষ্ঠান এবং কোন জামিনদারও ইহার অন্তর্ভূক্ত হইবে ৷” 12. A careful reading of the definition of (খেলাপী ঋন গ্রহীতা) therefore, wi...... name and style Messers Prominent Textiles Limited and also became its Managing Director and Chairman. The said company borrowed Taka 20 lac from the Sonali Bank as Project Loan and working capital loan on mutually agreed terms and conditions pursuant to sanction letter dated 7-5-1996 and the said..Category: Banking Law | Date: | Hits: 125
State Vs. Kajal Ahmed Jalali, 2007, 36 CLC (HCD)
....nd Bayes. After killing of Shujan inside the microbus his body was shifted to 2nd microbus and PW 59 Shyam Mia was taken to Shyamoli and released with caution of maintaining secrecy. Another microbus carrying the injured body of Shujan was taken to another destination from the Press Club area. Subse......thwith if not wanted in connection with any other case. Send down the LCRs along with a copy of the judgment to the Court below forthwith. Ed. This Case is also Reported in: 59 DLR (2007) 345...Category: Criminal Law | Date: | Hits: 109
Md. Jamal Uddin Vs. Dr. ABM Morshed Alam, 2010, 39 CLC (AD)
....r books is dispensed with as prayed for. The order of stay granted earlier by this Court shall continue till disposal of the appeal. Ed. This Case is also Reported in: VII ADC (2010) 1016. ......cts involved in the case, in short, are that the accused, Jamal Uddin for his business purpose on 14.08.2002 took TK. 5,00,000.00(five lacs) from the complainant, Dr. A.B.M. Morshed Alam Chowdhury as loan at his house but the accused did not re-pay the said money to him in time; as a result, he requ..Category: Criminal Law | Date: | Hits: 39
Mrs. Rokeya Begum Vs. Chartered Credit and Co-operative Limited, 2010, 39 CLC (AD)
....dated 02.06.2009 passed by the High Court Division in Criminal Miscellaneous Case No.1709 of 2008 is stayed till disposal of the appeal. Ed. This Case is also Reported in: VII ADC (2010) 1011. ......e case, in short, are that the complainant is an organization registered under the Co-operative Societies Ordinance, 1984 and the accused petitioner is the member of the said society and she obtained loan of TK. 23,00,000.00 with a condition to pay the said loan within 90 days but failed to pay in t..Category: Criminal Law | Date: | Hits: 45
Yunus Mia (Md) and others Vs. Bangladesh Krishi Bank & ors, 2001, 30 CLC (HCD)
.... is hereby re-called and vacated. The executing Court is directed to proceed with the execution as usual in accordance with law. Communicate. Ed. This Case is also Reported in: 54 DLR (2002) 123.......s for disposal of the Rule are that opposite party No.1, Bangladesh Krishi Bank as plaintiff instituted Title Suit No. 1 of 1995 (mortgage) against opposite party Nos. 2 to 9 for recovery of the bank loan. The suit was decreed on 27-1-96 in the preliminary form, and then, on 23-7-96 said decree was ..Category: Property Law | Date: | Hits: 27
Sonali Bank Vs. Rana Oil Mill and ors., 1999, 28 CLC (HCD)
....al Taka 9, 70,000.00 only being 35% of the estimated project cost and the defendants having already spent Taka 10 lac from his own capital, he had to accept the same under compulsion. Hence he faced scarcity of fund to run the mill in three shifts from one shift, to make it more profitable. The defe......1 of 1990 decreeing the suit in part for an amount of Taka 5,67,540.00. 2. The plaintiff, Sonali Bank, brought this suit for recovery of Taka 22, 85,314.30 against the defendants for the amount of loan granted to them with interest accrued thereon as on 26-5-90 on the facts, in short, that, the d..Category: Civil Law | Date: | Hits: 85
Belal alias Bellal and 2 others Vs. State, 2001, 30 CLC (HCD)
....ed the driver and helper of that truck and snatched away a sum of Taka 5000, two lungis, one full-pant, a Seiko 5 wrist-watch, etc and they, their dacoity for about 1/2 hrs. In the meantime a vehicle carrying a Minister came from end of Saidpur and fell into the water during taking turn seeing the b......, District-Dinajpur be set at liberty forthwith if not wanted in any other connection. Send down the lower Courts records expeditiously. Ed. This Case is also Reported in: 54 DLR (2002) 80. ..Category: Criminal Law | Date: | Hits: 83
....owing him facilities that are available to permanent worker of a Bank. The learned Chairman of the Labour Court on consideration of the evidence on record and relevant law point involved in that case carne to the finding that Azaduddin, the Godown Keeper of Rupali Bank (petitioner), was a permanent ...... and character of a service of a Godown Keeper.
Further there is a total lack of' evidence to substantiate the contention that the petitioner with the delivery of the pledged goods on repayment of loan the services of the godown keeper of a particular godown ever came to an end in the past automa..
Category: Labour and Industrial Law | Date: | Hits: 93
Anwara Begum Vs. Government of Bangladesh and others, 2005, 34 CLC (HCD)
....t officers managed to mutate her name in the office of the Housing and Settlement. It is further alleged that during the war of liberation the Non-Bengali allottees of the case house left the house uncared for and after the war of liberation the whereabouts of the original allottees were not known a......ered agreement dated 29-7-1963 followed by possession and thereby the said Md. Younus Ali became the owner of the house in question. The said Md. Younus Ali while possessing the property had obtained loan for construction of his house with prior permission of the concerned authority and mortgaged th..Category: Property Law | Date: | Hits: 40
Abdul Alim Vs. Biswajit Dey and another, 2007, 36 CLC (HCD)
....lt, this Rule is discharged. The order of stay granted earlier by this Court is vacated. Communicate this order at once. Ed. This Case is also Reported in: 59 DLR (2007) 236 . ......The complainant issued legal notice on 5-6-2006. The accused petitioner acknowledged the notice by a letter on a pad of his business firm dated 20-6-2005 and disclosed that he is willing to repay the loan for maintaining a good business relationship with the complainant and issued further 3 cheques ..Category: Criminal Law | Date: | Hits: 50
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