Search Results for "Scheme Cancellation"

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Bombay High Court Sanctions Scheme of Arrangement for Amalgamation of Five Transferor Companies with Unichem Laboratories Limited. Scheme held fair and reasonable under Sections 391-394 of Companies Act, 1956, despite shareholder objection.

The judgment concerns five Company Scheme Petitions filed under Sections 391 to 394 read with Sections 80, 100 to 103 of the Companies Act, 1956, seek...

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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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Bombay High Court Examines Validity of Eviction Notices under Slum Act in Slum Rehabilitation Dispute. Petitioners Challenged Eviction Notices Issued under Sections 33 and 38 of Maharashtra Slum Areas Act, 1971, Alleging Lack of Section 3C(1) Declaration.

The matter arose from a writ petition filed under Article 226 of the Constitution of India by Om-Sai Darshan Cooperative Housing Society (Proposed) an...

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High Court Dismisses Writ Petition Challenging Land Consolidation Scheme Orders -- Petitioner's 38-Year Delayed Application for Rectification Rejected -- State Minister's Order Upheld

The petitioner challenged orders dated 09 July 2015 and 15 July 2014 related to a land consolidation scheme implemented in 1974 -- The petitioner clai...