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Shahella Chowdhury Vs. National Board of Revenue and others, 2007, 36 CLC (HCD)
....rgeable to tax under any provision of this Ordinance under any head specified in section 20; (b) any loss of such income, profit or gains; (c) the profits and gains of any business of insurance carried on by a mutual insurance association in accordance with paragraph 8 of the Fourth Schedule; ......ear 19992000 of the petitioner under section 93 of the Income Tax Ordinance, 1984, in short, the Ordinance, for concealment of investment of Taka 58,00,000 for renovation of the house out of a bank loan of Taka 66,25,478 and by his order dated 15-603 assessed total income of the petitioner at Ta..Category: Fiscal/Taxation Law | Date: | Hits: 69
Shahidullah (Md) Vs. Eastern Bank Ltd. and others, 2001, 30 CLC (HCD)
....eral security an amount of US $ 11,899,12 worth of back to back LC but the opposite party No. 2 did not comply with the formalities of equitable mortgage. The opposite party No. 2, in fact, failed to carry out the contract with the said International Corporations of Saudi Arabia and the LC was cance......of Taka 21,93,701,95 with 20% interest. 3. The opposite party Nos. 2 and 3 did not contest the suit though the opposite party No. 3 filed written statement and denied that he was a borrower of the loan as alleged by the plaintiff bank. Ultimately, when the suit came up for hearing it was transfer..Category: Civil Law | Date: | Hits: 69
Ripon Packaging and Accessories Ltd. Vs. Eastern Bank Ltd. and another, 2001, 30 CLC (HCD)
....aw and both the suits be disposed of as early as possible preferably within 3 (three) months from the date of receipt of the copy of this Judgment. This Case is also Reported in: 54 DLR (2002) 31. ......ued to provide the aforesaid facilities to the petitioner whereby the plaintiff-petitioner suffered a severe loss and damage and that the defendant opposite parties bank are not entitled to claim the loan money given to the plaintiff-petitioner. 3. The plaintiff-petitioner has stated that the opp..Category: Civil Law | Date: | Hits: 73
....the validity of the award or the existence of the arbitration agreement in the municipal forum, then we find no absence of intention of the legislature behind the municipal law on arbitration to take care of such a suit.
48. The Bar addressed us that the international endeavours are also very ali......ng the suit in view of section 32 of the Act. The suit was for declaration that eight contracts/agreements executed were not ‘Hire purchase agreements but were agreements relating to transaction of loan and for injunction. The Supreme Court of India construed section 32 of the Act as hereunder,-
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Category: Civil Law | Date: | Hits: 101
Habib (Md) and another Vs. State represented by the Deputy Commissioner, 1999, 28 CLC (HCD)
....the above Branch of the Bank and Md Habib was the guarantor. The above firm imported Dano Full Cream Powder Milk with the loan granted by the Bank. On the basis of agreement dated 01-06-96, 29,200.00 cartons of Dano powder milk were kept in the godown of Md. Islam and Sons and in the usual procedure......pany of Khatungonj was given credit facilities of Taka 12, 61, 00,000.00 from the above Branch of the Bank and Md Habib was the guarantor. The above firm imported Dano Full Cream Powder Milk with the loan granted by the Bank. On the basis of agreement dated 01-06-96, 29,200.00 cartons of Dano powder..Category: Criminal Law | Date: | Hits: 39
Sonali Bank and another Vs. Md. Harun, 1999, 28 CLC (HCD)
.... 43,000.00 are hereby affirmed with interest at the rate of 8% per annum till realisation. Send down the lower Court records at once. Ed. This Case is also Reported in: 52 DLR (HCD) (2000) 75....... Money suit No. 01-1990 who by his judgment dated 31-1-1991 decreed the suit in part. 2. The short fact leading to this appeal is that the plaintiff instituted the suit alleging that for obtaining loan under IDA credit he applied before the local Sonali Bank Feni for establishment of Rana Oil Mil..Category: Civil Law | Date: | Hits: 72
Dr Abeda Begum and others Vs. Public Service Commission and others, 2006, 35 CLC (HCD)
....ecide whether she was the daughter of the aforesaid Muktijoddha and there was no ground whatsoever for excluding the petitioner No. 11 from the recruitment process. The respondent No. 1 PSC has not carried out its constitutional responsibilities in this matter, refusing to give reasons at all for ...... expeditiously. Communicate a copy of the judgment immediately to the respondent No. 1 PSC for taking necessary steps expeditiously. Ed. This Case is also Reported in: 59 DLR (2007) 182. ..Category: Employment/Service Law | Date: | Hits: 134
Tahera Begum and others Vs. First Court of Settlement and others, 2006, 35 CLC (HCD)
....ly included in the 'kha' list of the abandoned buildings. In the result, the Rule is made absolute without any order as to cost. Ed. This Case is also Reported in: 59 DLR (2007) 173. ......n and a copy of such application is annexed to this writ petition and marked as Annexure-B. Subsequently, the said original owner lessee filed an application being No. D-1483 asking for a sanction of loan from the House Building Finance Corporation, Zonal Officer, Dhaka and on 18-3-1964 the loan of ..Category: Property Law | Date: | Hits: 29
Mirzaboo Steels Ltd. Vs. Government of Bangladesh and others, 2006, 35 CLC (HCD)
....scharged. In the result, the Rule is discharged without any order as to costs. The stay granted earlier by this Court stands vacated. Ed. This Case is also Reported in: 59 DLR (2007) 141. ......rab Bangladesh Bank Limited instituted a Mortgage Suit being No. 71 of 1995 on 13-9-1995 in the court of Subordinate Judge (now the Joint District Judge), 1st Artha Rin Adalat, Chittagong against the loanee, the petitioner company as defendant for recovery of loan amounting to Taka 3,40,94,500.93 ..Category: Civil Law | Date: | Hits: 133
Monir Hossain Vs. Artha Rin Adalat No.4, Dhaka & others, 2010, 39 CLC (AD)
....ered and insured in the name of the plaintiff bank. The said two buses started playing on Dhaka-Benapole-Dhaka route under the banner of the Bangladesh Paribahan. While the defendant-respondents were carrying on with the transport business, they in order to expand their business applied on 24th Febr......operty described in the schedule to the plaint. In order to expand the said business the respondent No. 5 (defendant No. 3) on 22nd September, 1998 filed an application to the plaintiff bank for HPSM loan. The plaintiff bank thereupon sanctioned a loan of Tk. 30,00,000/- (thirty lac) to purchase two..Category: Civil Law | Date: | Hits: 78
Chairman, RAJUK Vs. Abdul Matin Crore, 2006, 35 CLC (HCD)
....stands dismissed. Send down the lower Court's records at once with a copy of the judgment for information and necessary action. Ed. This Case is also Reported in: 59 DLR (2007) 118. ......llments within 31-121993. In cross-examination he denied the suggestion that as per provision laid down in section 169 of The Town Improvement Act he did not serve any notice upon them. They took loan for the purpose of construction in the said plot. He added that no paper was submitted as to lo..Category: Property Law | Date: | Hits: 31
Anhar Ahamed Chowdhury and another Vs. Md. Shamsuzzaman and others, 2006, 35 CLC (HCD)
.... the western side of the building) as shown in the brochure of the "BLISS" Apartment to the plaintiff at a 10% discount price, provided the total discounted price of the apartment project including a car parking space and the driver's room which being Taka 41,22,000 is to be paid in advance; that as...... but with no effect; that subsequently, the plaintiff came to learn that defendant No. 1 was trying to mortgage the entire apartment building including the land to the IFIC Bank at Gulshan Branch for loan; that on being confirmed about the sanction of loan by the IFIC Bank Ltd., the plaintiff tried ..Category: Business or Commercial Law | Date: | Hits: 208
AKM Abdul Latif Vs. Banani Metal Limited and others, 1998, 27 CLC (HCD)
....f default in making the payment does not arise. The application for winding up of the respondent Company is, accordingly, rejected. Ed. This Case is also Reported in: 52 DLR (HCD) (2000) 62. ......l its directors that an amount of Taka 5,00,000.00 is needed to invest for development of designs of a few commercial items and the respondent No.2 requested the petitioner to give the said amount of loan and the petitioner agreed to finance Taka 5,00,000.00 on certain terms and conditions as laid d..Category: Company Law | Date: | Hits: 239
.... in the name and style "নগদায়নযোগ্য অন্য কোন বিনিমেয় দলিল", any other encashable Negotiable Instrument which should not be allowed readily to carry out separate type of characteristics as has been done in the instant case by issuing an accoun...... decree holder respondent, namely, Pubali Bank Limited, Sadarghat Branch, Dhaka, being financial institution, instituted the Title Suit No.55 of 2001 in the Artha Adalat, 3rd Court, Dhaka against the loanee, the defendant, for recovery of loan amounting to Taka 7,00,603 (Taka seven lac six hundred a..
Category: Civil Law | Date: | Hits: 90
Giasuddin Ahmed Vs. Green Delta Insurance Company Limited and another, 1995, 24 CLC (HCD)
....ation of share register of the respondent-company under section 38 of the Companies Act 1938 is reject without any order as to costs. Ed. This Case is also Reported in: 55 DLR (HCD) (2000) 41. ......pondent No. 2 who opposed the application for rectification of the share register on the ground that he has not transferred his share to the transferee but had only pledged his shares as security for loan taken by him and that he was prepared to repay the loan taken from the petitioner transferor. ..Category: Company Law | Date: | Hits: 181
Mahbubul Alam Vs. State, 1988, 17 CLC (HCD)
....de. 2. The informant Nazrul Islam lodged a First Information Report on 2.4.1984 with the Kotwali Police Station on the accusations, inter alia, that on 1.4.1984 at about 8.30 P.M. he went with his car driven by his driver, the accused petitioner Mahabubul Alam and after reaching Station Road they......result, the Rule is discharged. The accused-petitioner is directed to surrender to his bail bond to serve out the sentence awarded against him. Ed. This Case is also Reported in: 41 DLR (1989) 7...Category: Criminal Law | Date: | Hits: 26
Shamsul Alam and others Vs. A.F.R. Hassan and others, 1985, 14 CLC (HCD)
....he Additional Chief Metropolitan Magistrate, Dhaka should not be quashed. In Criminal Revision 232 of 1984, the three petitioners are directors of Kaswa Shipping Lines Ltd., a private limited company carrying on the business of water transport. The said company has been made accused No.1 in the peti......6 are the Managing Director of Bangladesh Ship Building Industries Ltd., the Dockyard and Managing Director thereof. 4. That on application of the accused No.1 the BSRS sanctioned a local currency loan of Tk.70.00 lacs on 31.3.80 for the construction of two cargo coasters of 500 DWT tons capacity..Category: Criminal Law | Date: | Hits: 67
BLAST Vs. Government of the People’s Republic of Bangladesh and others, 2007, 36 CLC (HCD)
....rosion or landless people. By their self-motivation they jointly constructed a road of mud from the eastern to the western side of the said Basti. They earn livelihood by driving rickshaw/van pulling cart and some are employed as daily labour in the construction sectors. The land in question was acq......uld be given option either to go and live at their respective rural villages or to stay in urban area. If they so opt to go to the urban areas, to have rehabilitated thereby providing them with funds/loan for construction of houses and small scale income generating projects for sustenance with prope..Category: Constitutional Law | Date: | Hits: 171
State Vs. Chief Editor, Manabjamin and others, 2002, 31 CLC (HCD)_Part Two
.... and held various responsible high posts in the Republic. When a man of such standing commits contempt the offence must be visited with the highest punishment provided for by the law. We have very carefully considered the submissions made by his lawyer and the submissions of the other lawyers in......ffice is directed to send a copy of this judgment to the Secretary, Law Commission, Dhaka, for perusal and necessary action. Ed. This Case is also Reported in: 57 DLR (2005) 359. Part One ..Category: Criminal Law | Date: | Hits: 130
Anwar Karim and others Vs. Bangladesh Bank and others, 1999, 28 CLC (HCD)
....lity of respondent No. 5 under the borrower code No.9187 is declared to have been made without lawful authority and of no legal effect. Ed. This case is also Reported in: 52 DLR (HCD) (2000) 1. ......ared to have been made without any lawful authority and of no legal effect. 2. Learned Advocate for the petitioners after placing the petition and other materials on record submitted that when the loan in question was taken by the respondent No.5 company petitioners were not its directors and bef..Category: Banking Law | Date: | Hits: 121
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