Search Results for "Sections 397 398"

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Search Results for "Sections 397 398"

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Supreme Court

Supreme Court Considers Scope of Section 45 of Arbitration and Conciliation Act in International Commercial Disputes. Multiple Issues Framed on Reference to Arbitration in Multi-Party Joint Venture Agreements.

1 Aug 2026

The dispute arose from a series of joint venture and ancillary agreements executed between Indian company Chloro Controls (I) P. Ltd. and foreign coll...

High Court

KAHC010159832015_1

15 Dec 2017

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Supreme Court

"Supreme Court of India Resolves Complexities in Taxation of Mineral Rights" "Judgment Clarifies Legislative Powers and the Nature of Royalty in Mining Sector"

25 Jul 2024

The Supreme Court of India addressed a significant dispute regarding the distribution of legislative powers between the Union and the States, specific...

High Court

High Court of Karnataka Quashes Condition of Pre-Deposit in NI Act Revision — Section 148 Amendment Not Retrospective for Pending Appeals. The court held that the amendment to Section 148 of the Negotiable Instruments Act, 1881, which mandates a minimum pre-deposit of 20% of the cheque amount for filing an appeal, does not apply retrospectively to revisions pending on the date of amendment, and the revisional court must consider the accused's financial circumstances before imposing any condition.

28 Jul 2023

The petitioner, Sanjay P.S., was the accused in a complaint under Section 138 of the Negotiable Instruments Act, 1881, filed by the respondent, Abhish...

High Court

Bombay High Court Dismisses Revision Applications Challenging Civil Court Jurisdiction in Company Disputes — Alternative Remedy Under Companies Act Does Not Imply Ouster of Civil Court Jurisdiction. The court held that the remedy under Sections 397, 398, 402, and 403 of the Companies Act, 1956 is not equally efficacious as a civil suit for declaration and injunction, and therefore the civil court retains jurisdiction.

20 Jun 2005

The case involves two civil revision applications arising from S.C. Suit No.3789 of 1995 and S.C. Suit No.3790 of 1995 filed in the City Civil Court a...

High Court

High Court of Karnataka Decides Batch of Writ Petitions Challenging Forest Development Tax Notification

3 Dec 2015

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High Court

High Court Dismisses Union of India's Appeal Against Company Law Board Order in Oppression and Mismanagement Case — Upholds CLB's Discretion to Grant Interim Relief Under Section 402 of Companies Act, 1956. The court held that the CLB has wide powers to pass interim orders to prevent oppression and mismanagement, and such orders are not final determinations of rights.

13 Aug 2013

The Union of India, through the Ministry of Corporate Affairs, filed an appeal under Section 10F of the Companies Act, 1956, against an interim order ...

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

KAHC010366622012_1

21 Jun 2016

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High Court

High Court of Karnataka Adjudicates Batch of Writ Petitions Challenging Notification Dated 16.08.2008 Imposing Forest Development Tax. Validity of Notification Questioned on Grounds of Legislative Competence and Consistency with Central Forest Laws.

3 Dec 2015

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