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...STATE OF ASSAM AND 6 ORS
REP. BY THE COMMISSIONER and SECY. TO THE GOVT. OF ASSAM, FINANCE DEPTT., DISPUR, GHY- 6.
2:THE ASSAM FINANCIAL CORPORATION
...
M.D. SHAH ROAD
PALTAN BAZAR
GHY- 8.
3:THE MANAGING DIRECTOR
ASSAM FINANCIAL CORPORATION
HEAD OFFICE...AT VITTIYA BHAWAN
M.D. SHAH ROAD
PALTAN BAZAR
GHY- 8.
4:THE REGIONAL MANAGER
ASSAM FINANCIAL CORPORATION
...
...officers are - 1) Sri K Goswami
, Manager (Legal), Head Office, Assam Financial Corporation, Md Shah Road, Palta
nbazar, Guwahati-9, District - Kamrup (Assam), 2) Sri K K Majumdar, Manager (Acc
ounts...), Head Office, Assam Financial Corploration, Md Shah Road, Paltanbazar, Gu
wahati - 8, District - Kamrup (Assam), 3) Sri K Zaman, Manager (Administration),
Head Office, Assam Financial Corploration, Md Sh...Branch, Tezpur, Assam.
Notice was...
...1. The petitioner was working as Senior Assistant in the Assam Financial Corporation. A departmental proceeding was initiated against him for unauthorized absence from duty in the year...:“3. Earlier on 9.5.1996 a show cause notice was issued against the petitioner on certain charges. One Shri S. Rahman, Secretary, Assam Financial Corporation was appointed as the enquiry officer...officer, in the meantime, on 3rd January, 1997 the Assam Financial Corporation Staff Regulation (Amendment) 1997 came into force and by virtue of that amendment earlier Rule 41, which was made compulsory...
...Assam Tribune and the Dainik Asom on 17th June, 1980. On 24.7.80 an application was filed by Mr. B.K. Goswami for the Assam Financial Corporation and on 25.7.80 he was given three weeks’ time to file an...affidavit-in-opposition. The Assam Financial Corporation, a creditor, filed its affidavit-in-opposition on 8.9.80 stating, inter alia, that:
"the Company is not...instant case the Assam Financial Corporation in its affidavit opposed the prayer for winding up stating that such winding up would injure its interest as the respondent company owes to it about Rs. 34...
...Hrishikesh Roy, J.:— Heard Ms. A. Das, the learned counsel appearing for the petitioner. The Assam Financial Corporation (AFC) and their Managers (respondents) are represented by the...learned advocate Ms. T. Goswami.2. The petitioner's brother Sambhu Ram Baniya secured loan of Rs. 1,62,000/- from the Assam Financial Corporation (AFC) in 1984 to purchase a Truck. The...Financial Corporation Act, 1951 can be invoked by the AFC and they have the power to sale the mortgaged property to realise the loan dues.8. For the loan of Rs. 1.62 lakh...
...tea estate known as Samaguri Tea Estate from Moabund Tea Co. Ltd. on January 24, 1963. For this purchase it had taken a loan from the Assam Financial Corporation by mortgaging the same tea estate. The...Tea Company as their guaranteed profits per year, it being expressly agreed and understood that all interest becoming payable by Messrs. Haroocharai Tea Company to the Assam Financial Corporation in...
...Delhi- 110077.
3. The Director National Institute of Electronics and Information Technology (NIELT) First and Second Floor, Vittiya Bhawan, Assam Financial Corporation Building, Md...Electronics and Information Technology (NIELT) First and Second Floor, Vittiya Bhawan, Assam Financial Corporation Building, Md. Shah Road, Paltan Bazar, Guwahati-781001. ...Respondents...Second Floor, Vittiya Bhawan, Assam Financial Corporation Building, Md. Shah Road, Paltan Bazar, Guwahati-781001. ...Respondents
(By Advocate: Mr. Hanu Bhaskar...
...
WP(C) 3947/2015
BEFORE
HON’BLE MR. JUSTICE HRISHIKESH ROY
The Assam Financial Corporation (AFC) has filed the I.A. No.16/2016 for recall o
f the interim order passed by...mortgaged property
, under Section 29 of the State Financial Corporation Act.
The recovery proceeding was started for the default in repayment of the
loan sanctioned to M/s Prasanti Rain Coat...
...sanction by the State Level Committee are disbursed to the concerned unit through various agencies like Assam Financial Corporation, Assam Industrial Development Corporation, etc.4. So far t..., Dr. H. Das, learned counsel appearing on behalf Assam Industrial Development Corporation and Mr. K.N Choudhury, learned Central Govt. Standing Counsel.6. Mr. Gogoi, learned counsel...Government also disbursed transport subsidy for certain period, but thereafter stopped disbursement on the ground of financial constraints.7. The State of Assam-respondent No. 1 has...
...years, but has been serving under the Assam Financial Corporation, Guwahati since August, 1993. Accordingly his name should not have been recommended at all for the second post of Grade IV, Assam Legal...Act, 1961 on 12.9.86 and was continuously practising as an Advocate in Nalbari Courts for about 5l/2 Years prior to his joining in the Assam Financial Corporation as Assistant Manager (Legal) wef...11.3.92. He has also stated that as such Assistant Manager (Legal) of Assam Financial Corporation, he was allowed by the Corporation to attend to the Corporation cases in the Court and as such he was...
...under the Assam Financial Corporation, Guwahati since August, 1993. Accordingly his name should not have been recommended at all for the second post of Grade-IV, Assam Legal Service and the petitioner...Advocate in Nalbari Courts for about 5 ½ years prior to his joining in the Assam Financial Corporation as Assistant Manager (Legal) w.e.f 11-3-92. He has also stated that as such Assistant Manager (Legal...) of Assam Financial Corporation, he was allowed by the Corporation to attend to the Corporation cases in the Courts and as such he was attending to the Corporation cases in the different Courts t...
...B.D Agarwal, J.:— This appeal under section 32(9) of the State Financial Corporation Act, 1951 (for brevity the “Act”) has been filed by the borrower against the judgment and order dated 4.5.2000 passed by the then learne...with a condition that the appellants shall deposit a sum of Rs. 30,000 per month with the Assam Financial Corporation. However, except depositing one installment of Rs. 30,000 the appellants did not...Delhi Financial Corporation v. B.B Behel, (1999) 3 SCC 298...
.... On July 24, 1980, an application was filed by Mr. B.K Goswami, for the Assam Financial Corporation, and on July 25, 1980, he was given three weeks' time to file an affidavit-in-opposition. The Assam...Assam Financial Corporation in its affidavit opposed the prayer for winding up stating that such winding up would injure its interest as the respondent company owes to it about Rs. 34 lakhs, but at the...Assam Financial Corporation, though initially objected in its written statement, has not seriously objected to the petition at the hearing. There is no escape from the conclusion that the respondent...
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...to them as advance.
3. The proforma opposite party No. 3, the Assam Financial Corporation came forward to assist the complainant in buying the machine and paid a loan of Rs...that OP No.3, the Assam Financial Corporation, does not have any objection to the complaint in this case. As the notice sent by registered post could not be served on OPs 1 and 2 on two occasions we..., being the price of the machine, from proforma OP 3,' the Assam Financial Corporation at an interest of 13.5 % per annum for a period of 9 years. This period has not yet expired. He is, however, liable to...
...relying on a decision of this Court in Civil Revision No. 237/90, Shri Bani Barua v. The Assam Financial Corporation, Guwahati-5, held that Limitation Act shall not apply to an application...Nirmal Chandra Goswami v. Assam Financial Corporation, (1992) 2 GLR 347, wherein this Court pointed out as follows:“9. It must follow that the application which...judgment and order passed by the learned Addl. District Judge, Dibrugarh u/s. 31 of the State Financial Corporation Act, 1951. By the impugned judgment, the learned Judge...
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.../- from the Assam Financial Corporation and started his prin-ting business over a plot of land measuring 1 Katha covered by P.P. No.79, Dag No. 314. The operation of the Press was adversely affected due...Section 29(1) of the State Financial Corporation Act, 1951. Despite payment made regularly, the Corporation took over the printing Press thereby depriving the petitioner from running his...Corporation had no option but to take over the possession of the Press in exercise of its statutory powers to save the corporation from financial loss.
4. There is nothing much for...
...repay the amount of loan to the defendants except an amount of Rs. 6803/- (Rupees six thousand eight hundred three). In that view of the matter the Assam Financial Corporation on 20.6.87 in exercise of...matter the Corporation has the power to take action, as was done in the case under Section 29 of the Assam State Financial Corporation Act. In that view of the matter once this...the power under Section 29 of the State Financial Corporation Act locked the Factory. At that stage a suit was filed being Title Suit No. 37/88 for injunction. But as in the...
...amount of loan to the defendants except an amount of Rs. 6803/- (Rupees six thousand eight hundred three). In that view of the matter the Assam Financial Corporation on 20.6.87 in exercise of the power...Corporation has the power to take action, as was done in the case under Section 29 of the Assam State Financial Corporation Act. In that view of the matter once this finding...under Section 29 of the State Financial Corporation Act locked the Factory. At that stage a suit was filed being Title Suit No. 37/88 for injunction. But as in the mean time...