Search Results for "Public Interest Directors"

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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...
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Search Results for "Public Interest Directors"

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Supreme Court

Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

1 Aug 2026

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

Tribunals

National Consumer Disputes Redressal Commission Dismisses Appeal Seeking Substitution of Director in Consumer Execution Proceedings During CIRP. Moratorium under Section 14 of IBC does not bar substitution of director as the corporate debtor remains liable.

23 Jun 2025

The case involves an appeal filed by Sudheschandra Gupta against an order dated 01.10.2021 of the State Consumer Disputes Redressal Commission, Mahara...

High Court

Bombay High Court Quashes Willful Defaulter Declaration Against Non-Executive Woman Director for Violation of Natural Justice. Show-Cause Notice Mandatory Under RBI Master Circular Before Declaring Non-Whole-Time Director as Willful Defaulter.

14 Nov 2024

The petitioner, Manjula Bhatia, a non-executive woman director of PSL Limited, challenged the letter dated 16 July 2018 issued by Bank of Baroda decla...

High Court

High Court of Judicature at Bombay Examines Company Law Board's Power to Direct Issue of Shares Under Section 111 of Companies Act, 1956. The appeal raises the question whether the Board can order issuance of share certificates and rectification of register absent valid transfer documents.

9 May 2014

This company appeal arose from an order of the Company Law Board (CLB) dated 14 January 2013 in Company Petition No. 23 of 2012. The CLB had directed ...

High Court

Bombay High Court Upholds Removal of Directors of Maharashtra State Road Transport Corporation Under Section 8 of Road Transport Corporation Act, 1950 — No Prior Hearing Required for Removal in Public Interest. The court held that the power of removal under Section 8 is a statutory power exercised in public interest and does not require a prior hearing or recording of reasons.

8 May 2015

The petitioners were Directors of the Maharashtra State Road Transport Corporation (MSRTC), a corporation established under the Road Transport Corpora...

High Court

Bombay High Court at Goa Allows Petition Challenging Disqualification of Director in Co-operative Society Case — Violation of Natural Justice. Disqualification under Section 60(i)(e) and Section 59(11) of Goa Co-operative Societies Act, 2001 set aside for non-compliance with mandatory hearing requirement.

8 Jan 2021

The petitioner, Ganpat Gaonkar, an advocate by profession, was a director on the Board of Directors of Sattari Taluka Farmers Service Co-operative Soc...

High Court

Bombay High Court Quashes Process Under Section 127 of Companies Act for Non-Payment of Dividend Due to Pending Dispute Between Shareholder Groups. The court held that the defence under section 127(c) of the Companies Act, 2013, which allows non-payment if there is a dispute regarding the right to receive the dividend, must be considered before issuing process.

22 Apr 2019

The case involves three criminal applications filed by the directors of Man Industries (India) Limited (MIIL) seeking quashing of notices and process ...

High Court

High Court of Bombay Upholds Maintainability of Suit and Rejects Jurisdictional Objection in Shareholder Requisition Dispute. Court Holds That Shareholder-Proposed Resolutions Under Section 100 of Companies Act, 2013 Are Not Immune From Judicial Scrutiny and Section 430 Does Not Bar Civil Court Jurisdiction When NCLT Lacks Power.

26 Oct 2021

The litigation arose from a suit filed by Zee Entertainment Enterprises Ltd, a listed public company, against two institutional investors, Invesco Dev...

High Court

Bombay High Court Dismisses Shareholder Suit Challenging Director Appointments for Lack of Jurisdiction. Dispute Over Rights Under Articles of Association Falls Within Exclusive Jurisdiction of Company Law Board Under Companies Act, 1956.

24 Mar 2014

The suit was filed by shareholders of a banking company, Yes Bank, challenging resolutions relating to the appointment of directors and seeking declar...

High Court

High Court of Judicature at Bombay Hears Appeals Against Rejection of Applications for Rejection of Plaint in Multi-Crore Commodity Default Suit. Order 7 Rule 11 CPC Applications by Nominee Directors Dismissed at Threshold; Court to Examine Plaint Averments on Director Involvement in Spot Exchange Defaults.

5 May 2016

The High Court of Judicature at Bombay, in its Ordinary Original Civil Jurisdiction, considered two appeals filed by Gopal Shrinivasan and Shankar Bal...

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