Search Results for "Mismanagement"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...
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Search Results for "Mismanagement"

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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...

Supreme Court

Supreme Court Allows Appointment of Arbitrator in Shareholders' Dispute Despite Pending NCLT Proceedings and Prior Arbitral Award. The Court held that under Section 11(6) of the Arbitration and Conciliation Act, 1996, the court should not refuse appointment unless the dispute is ex facie non-arbitrable, and issues of arbitrability should be left to the arbitrator.

4 Nov 2022

The appeal arose from the dismissal of an application under Section 11(6) of the Arbitration and Conciliation Act, 1996 by the Madras High Court. The ...

High Court

Bombay High Court Dismisses Writ Petition Challenging CLB Order Refusing Reference to Arbitration. Availability of Alternative Remedy Under Section 10F of Companies Act, 1956 Precludes Exercise of Writ Jurisdiction Under Article 226 of Constitution.

26 Apr 2016

The petitioners, Emgee Housing Private Limited and others, filed a writ petition under Article 226 of the Constitution of India before the High Court ...

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 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 at Nagpur Upholds Company Law Board's Order for Sealed Bids to Resolve Shareholding Dispute in Family Company. The Court held that the Board's direction for sealed bids was a valid interim measure to resolve deadlock between warring shareholder groups under Section 402 of the Companies Act, 1956.

23 Sep 2015

The case involves a family dispute over the management and shareholding of Vidarbha Bottlers Private Limited, a company registered under the Companies...

High Court

Bombay High Court Dismisses Appeal Against Refusal to Injunction EGM in Company Dispute. Court Holds That Requisition for EGM Under Section 169 of Companies Act, 1956 Is Valid Despite Pending Oppression Petitions and That Board's Failure to Call Meeting Within 21 Days Entitles Requisitionists to Call Meeting Themselves.

24 Jul 2013

The case involves a dispute between two groups of shareholders in Man Industries (I) Ltd., represented by two brothers, Ramesh Mansukhani (supporting ...

Supreme Court

Supreme Court Upholds Enhanced Share Valuation, Awards Interest at 6% Pre-Decree and 9% Post-Decree in Decades-Old Dispute. Balancing Equity and Commercial Realities: SC Modifies Interest Rates in Rajasthan State Mines Share Acquisition Case

1 Apr 2025

Valuation of Shares – The Supreme Court affirmed the High Court’s valuation of shares at ₹640 per share, rejecting the State’s objections. Th...

High Court

High Court Dismisses Appeals Against CLB Orders in Oppression and Mismanagement Case — Maintainability of Composite Petitions Under Sections 397 and 398 of Companies Act, 1956 Upheld. The court held that preliminary objections regarding shareholding threshold cannot be decided without trial when dilution itself is alleged as oppression.

25 Jun 2015

The case involves appeals against orders of the Company Law Board (CLB) dated 28 November 2014, which rejected preliminary objections regarding the ma...

High Court

Bombay High Court Dismisses Section 9 Petition for Appointment of Court Receiver in Partnership Dispute — Petitioner Failed to Establish Strong Prima Facie Case for Interim Relief. Court held that disputes regarding partnership accounts and alleged mismanagement must be resolved through arbitration, not by appointing receiver at interim stage.

22 Aug 2014

The petitioner, Minochar @ Minoo Aspandyar Irani, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996 seeking appointment o...

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