Search Results for "amalgamation scheme"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
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Search Results for "amalgamation scheme"

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High Court

High Court Allows Writ Petition, Sets Aside Stamp Duty Assessment on NCLT Order Under Maharashtra Stamp Act, 1958 -- Petitioner Challenges Rs. 50,00,000 Duty on Amalgamation Scheme Instrument

18 Feb 2026

The High Court heard a writ petition by Petitioner. challenging stamp duty assessment of Rs. 50,00,000 on an NCLT Mumbai order sanctioning a composite...

Supreme Court

Supreme Court Allows Landlord's Appeal in Eviction Case Based on Subletting by Bank Tenant Following Statutory Amalgamation. Amalgamation of Hindustan Commercial Bank with Punjab National Bank under Section 45 of Banking Regulation Act, 1949 constitutes transfer of tenancy rights without landlord's consent, amounting to subletting under Section 14(1)(b) of Delhi Rent Control Act, 1958.

1 Jan 2026

The present appeal arises from a judgment of the Delhi High Court which set aside an eviction decree passed by the Rent Control Tribunal. The appellan...

High Court

Bombay High Court Hears Writ Petition Challenging Order Denying Bifurcation of Co-operative Housing Society, Examining Section 18 of Maharashtra Co-operative Societies Act, 1960. The court considers whether separate plot, independent utilities, and federal society report satisfy bifurcation criteria despite lack of majority consent from all members.

11 Nov 2025

The writ petition under Article 226 of the Constitution challenged the order dated 28 August 2019 passed by the revisional authority confirming the re...

High Court

Bombay High Court Allows Writ Petition in Stamp Duty Dispute on Amalgamation Scheme — Reduction of Share Capital Prior to Merger Must Be Considered for Valuation. Court holds that stamp duty under Article 25(da) of Maharashtra Stamp Act, 1958 is payable on the market value of shares as on appointed date, which includes the reduced share capital sanctioned by High Court.

25 Sep 2024

The petitioner, J. P. Morgan Securities India Pvt. Ltd., filed a writ petition challenging the rejection of its appeal under Section 53(1A) of the Mah...

Supreme Court

Supreme Court Reverses High Court in SICA Case on Unsecured Creditor Rights - Sanctioned Rehabilitation Scheme Binding on All Creditors. Court held that under Sections 18(8) and 32 of Sick Industrial Companies (Special Provisions) Act, 1985, unsecured creditors cannot opt out of scaled-down payments and must accept scheme terms for company revival.

17 Mar 2023

The Supreme Court addressed a group of appeals concerning the binding effect of rehabilitation schemes sanctioned under the Sick Industrial Companies ...

Supreme Court

Supreme Court Allows Filing of Revised Income Tax Returns After Due Date in Amalgamation Case — Holds That NCLT-Approved Scheme Overrides Procedural Timelines Under Income Tax Act. Clause 64(c) of the Scheme Permitting Revised Returns Has Statutory Force and Department Cannot Reject Them as Invalid.

18 Dec 2019

The Supreme Court allowed the appeals filed by M/s Dalmia Power Limited and M/s Dalmia Cement (Bharat) Limited against the judgment of the Division Be...

Supreme Court

Supreme Court Dismisses Revenue's Appeal in Income Tax Assessment Nullity Case Due to Amalgamation. Assessment in Name of Non-Existent Entity Held Void Despite Participation by Successor Company.

25 Jul 2019

The Supreme Court dismissed the appeal filed by the Revenue against the judgment of the Delhi High Court which had upheld the Income Tax Appellate Tri...

High Court

Bombay High Court Dismisses Petition Challenging Demolition Order for Unauthorized Construction on Municipal Land. The court held that the petitioner had no legal right to the land and the demolition order was valid under the Mumbai Municipal Corporation Act, 1888.

6 Dec 2012

The petitioner, Manish Estates Pvt. Ltd., filed a writ petition challenging the demolition order dated 6th October 2010 passed by the Deputy Chief Eng...

High Court

Bombay High Court Sanctions Scheme of Arrangement in Company Petition for Revival of Sick Pharmaceutical Company. Scheme under Section 391 of Companies Act, 1956, Approved Involving Settlement of Secured Creditors' Dues through Cash and Securities.

13 Feb 2006

The Pharmaceutical Products of India Limited (PPIL), a company incorporated under the Companies Act, 1956, filed two company petitions under Section 3...

High Court

High Court Sanctions Scheme of Amalgamation Between Transferor and Transferee Companies Despite Intervenor Objection. Non-Disclosure of Pre and Post Capital Structure in Explanatory Statement Did Not Invalidate Scheme When Shareholders Had Sufficient Information Under Section 393 of Companies Act, 1956.

31 Jan 2006

The transferor company, Chemidye Manufacturing Company Pvt. Ltd., and the transferee company, Thirumalai Chemicals Ltd., both engaged in similar chemi...

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