Search Results for "promoter obligations"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
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Search Results for "promoter obligations"

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High Court

Bombay High Court Upholds Specific Performance of Unregistered Agreement Under MOFA — Loan Defence Rejected. Agreement for sale under Maharashtra Ownership Flats Act, 1963 is enforceable despite non-registration.

26 Nov 2012

The plaintiffs, shop purchasers, filed a suit for specific performance of an unregistered agreement for sale dated 31.8.1991 against the defendant dev...

High Court

Not mentioned (judgment text incomplete; final verdict not provided)

10 Nov 2023

The writ petition filed before the Bombay High Court challenged the order dated 5 October 2021 passed by the District Deputy Registrar (Cooperative So...

High Court

High Court of Karnataka Dismisses Shareholder's Application for Official Liquidator Supervision of SARFAESI Sale — Secured Creditor's Right to Sell Under SARFAESI Act Prevails Over Company Court's Supervisory Jurisdiction. The court held that a promoter-shareholder of a company in liquidation cannot seek supervision of the sale of secured assets by a secured creditor under the SARFAESI Act, 2002, as the secured creditor has an independent right to sell without interference from the Company Court.

11 Nov 2016

The applicant, Rashmi Thakeria, a promoter-shareholder of Natural Textiles Private Limited (in liquidation), filed C.A.No.969/2015 seeking a direction...

High Court

Bombay High Court Grants Interim Relief Under Section 9 of Arbitration Act in Developer-Society Dispute Over Land Development Agreement. Court holds that a valid arbitration agreement exists and that the petitioner has a strong prima facie case for protection of its rights under the MoU.

2 Mar 2010

The petitioner, Spectrum Estates Private Ltd., filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking interim relief ...

High Court

High Court of Judicature at Bombay Hears Cross Appeals Against Temporary Injunction Order in Suit by Co-operative Housing Society. Developer and Land Owner Challenge Order Restraining Construction and Use of FSI in Suit Alleging Breach of Development Obligations.

7 Apr 2016

The dispute arose from a development project known as Dosti Flamingos in Sewri, Mumbai. M/s. Dosti Corporation, a partnership firm, acted as developer...

High Court

Bombay High Court Dismisses State's Appeals in Liquidation Priority Dispute — Official Liquidator's Statutory Lien Under Section 529A of Companies Act Prevails Over State's Claim Under MPID Act. The court held that the Companies Act, 1956, being a special statute for winding up, overrides the MPID Act, 1999, and the Official Liquidator's lien for workmen and secured creditors is paramount.

25 Aug 2022

The case involves two appeals filed by the State of Maharashtra against orders of the Company Court dated 9th June 2017, which rejected the State's cl...

High Court

Bombay High Court Hears Writ Petition Challenging Eviction Order Under Section 95A of Maharashtra Housing and Area Development Act, 1976 in Cooperative Society Redevelopment Scheme. Petitioners, Tenement Owners, Opposed Redevelopment by Developer Appointed by Majority of Society Members and Sought Quashing of Eviction Order and Declaration that Scheme Is Illegal.

24 Apr 2012

The petitioners, eight members and owners of tenements in Chitranjan Nagar Vidya Cooperative Housing Society Limited, Rajawadi, Ghatkopar (East), Mumb...

High Court

Bombay High Court Dismisses Second Appeal in Flat Purchase Dispute — Upholds Dismissal of Suit Challenging Additional Construction. Court holds that flat purchasers cannot enforce sanctioned layout plans against developer in absence of express contractual covenant or statutory obligation under Maharashtra Ownership Flats Act, 1963.

25 Jan 2019

The appellant, Shri Vitthal Laxman Patil, was a flat purchaser in a project called 'Kores Nakshatra' developed by Kores (India) Ltd. Real Estate Divis...

High Court

Bombay High Court Dismisses Auction Purchaser's Challenge to Deemed Conveyance in Favor of Co-operative Housing Society. The Court held that the Competent Authority under the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 has jurisdiction to grant deemed conveyance despite pending civil suit challenging auction sale, as the society's right to conveyance is independent of the auction purchaser's title.

8 Apr 2024

The petitioner, Ravi Jagganath Agarwal, an auction purchaser of land and building from the Municipal Corporation for Greater Mumbai (MCGM) due to prop...

High Court

Bombay High Court Allows Shareholders' EGM Requisition in Zee Entertainment Dispute — Upholds Right to Convene Meeting Under Section 100 of Companies Act, 2013. Court holds that shareholders holding 17.88% stake have statutory right to requisition EGM for removal of directors and that the company cannot restrain such meeting on grounds of alleged illegalities in proposed resolutions.

22 Mar 2022

The case involves an appeal by Invesco Developing Markets Fund and OFI Global China Fund LLC (collectively holding 17.88% of shares in Zee Entertainme...

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