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Search Results for "CLB order"

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High Court

High Court of Bombay Dismisses Appeal Against CLB Order Refusing Transfer of Company Petition. Chairman's Quasi-Judicial Order Held Amenable to Section 10F but Lacks Power to Transfer Part-Heard Matter or Constitute Special Bench.

30 Nov 2012

The appeal arose from an order of the Chairman, Company Law Board (CLB) rejecting an application to transfer a partly-heard company petition from the ...

High Court

High Court of Bombay at Goa Dismisses Appeal Against CLB Consent Order in Company Oppression Case — Parties Bound by Consensus. Consent order for share buyout under Sections 397-398 of Companies Act, 1956 cannot be challenged by consenting party.

22 Dec 2016

The case involves an appeal filed by Shalby Limited and others against an order dated 25.04.2016 passed by the Company Law Board (CLB), New Delhi Benc...

High Court

Bombay High Court Upholds CLB Order for Sealed Bids in Shareholding Dispute Under Section 10F of Companies Act, 1956. Court Dismisses Appeal Against CLB's Direction for Sealed Bids to Resolve Oppression and Mismanagement Allegations in Vidarbha Bottlers Private Limited.

23 Sep 2015

The case involves a company appeal under Section 10F of the Companies Act, 1956, against an order of the Company Law Board (CLB) dated 7 August 2012. ...

High Court

High Court of Bombay Upholds CLB Order in Oppression and Mismanagement Case — Share Conversion and Board Reconstitution Upheld. The court affirmed that the conversion of preference shares into equity shares under a Share Subscription cum Shareholders Agreement was valid and that the CLB correctly found oppression and mismanagement by the promoters.

7 Jan 2016

The case involves appeals against an order of the Company Law Board (CLB) in a petition filed by Respondent Nos. 1 and 2 under Sections 397 and 398 of...

High Court

Bombay High Court Upholds CLB Order on Share Transmission in Company Dispute. CLB's findings on oppression and mismanagement under Sections 397 and 398 of Companies Act, 1956 set aside due to lack of evidence.

28 Mar 2016

The judgment concerns multiple company appeals arising from orders of the Company Law Board (CLB) in relation to Mehboob Productions Pvt. Ltd., a comp...

High Court

High Court of Bombay Upholds CLB Order in Oppression and Mismanagement Case — Conversion of Preference Shares and Board Reconstitution Upheld. Share Subscription cum Shareholders Agreement and Articles of Association amendments validly passed; conversion of preference shares into equity shares resulting in majority shareholding for investors was lawful.

7 Jan 2016

The case involves appeals against an order of the Company Law Board (CLB) in a petition filed by Respondent Nos. 1 and 2 under Sections 397 and 398 of...

High Court

Bombay High Court Allows Appeal Against CLB Order Appointing Retired Supreme Court Judge as Executing Authority Under Section 634A of Companies Act, 1956 — Holds CLB Cannot Delegate Execution Powers to Third Party

23 Jun 2005

The appeal arose from an order of the Company Law Board (CLB), Principal Bench, New Delhi, dated April 4, 2005, in Company Application Nos.170 of 2003...

High Court

Bombay High Court Allows Appeal Against Company Law Board Order — Transfer of Shares After BIFR Recommendation Void Under Section 536(2) Companies Act, 1956. Winding Up Deemed to Commence from Date of BIFR Recommendation Under Section 441(2) Companies Act, 1956.

4 Oct 2024

The appellants, Maharashtra Antibiotics and Pharmaceuticals Ltd. (MAPL) and Hindustan Antibiotics Ltd., challenged an order of the Company Law Board (...

High Court

High Court of Karnataka Dismisses Appeal Against CLB Order in Company Law Dispute — Share Purchase Agreement Validity Must Be Decided by Civil Court First. CLB's direction to approach civil court for determination of disputed share transfer before proceeding with company petition under Sections 397 and 398 of Companies Act, 1956 upheld.

5 Aug 2016

The appeal was filed by Mr. K. Ravinder Reddy against an order of the Company Law Board (CLB) dated 13-01-2016 in Company Petition No. 10 of 2015. The...

High Court

High Court of Karnataka Sets Aside CLB Interim Order in Company Appeal — Interim Reliefs Granted Without Proper Application of Mind. The Court held that the Company Law Board must record reasons and consider the balance of convenience before granting interim reliefs under Sections 397 and 398 of the Companies Act, 1956.

20 Aug 2015

The appeal was filed by the company (M/s Malind Properties Pvt Ltd) and its shareholders (appellants 2 to 4) against an interim order dated 22.12.2014...

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