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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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Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
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Search Results for "common shareholder"

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High Court

High Court of Judicature at Bombay Hears Appeal Against Company Law Board Order in Oppression and Mismanagement Petition. Company Appeal No.19 of 2009 Challenges CLB's Findings on Reduction of Shareholding, Removal of Director, and Valuation of Land Under Sections 397 and 398 of the Companies Act, 1956.

21 Sep 2015

The case involved a dispute between shareholders of Pantheon Infrastructure Pvt. Ltd., a company formed to acquire and develop a 13-acre property in M...

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

Bombay High Court Allows Appeal in Company Law Dispute Over Share Transfer Rectification — Transfer of Shares Held Void for Non-Compliance with Articles of Association. The court held that the Company Law Board failed to consider the mandatory requirement of pre-emptive rights under the Articles, and the transfer was invalid as it violated the company's own regulations.

7 Jul 2010

The case involves an appeal under Section 10(F) of the Companies Act, 1956 against an order of the Company Law Board (CLB) dated 22.06.2009. The appel...

High Court

APPEAL No. 331 of 2012

18 Sep 2012

The dispute centered on the shareholding of Gharda Chemicals Ltd., a closely held company originally belonging to the Gharda and Kavasmaneck families....

Supreme Court

Supreme Court Appoints Arbitrator in Shareholder Dispute Over Share Transfer and Lock-In Period — Holds That Disputes Relating to Shareholders Agreement Are Arbitrable Despite Alleged Termination of Service Agreement. The court found that the arbitration clause in the Shareholders Agreement survived termination and that the claims regarding shareholding rights fell within its scope, rejecting the respondents' objections.

18 Nov 2024

The petitioner, Aslam Ismail Khan Deshmukh, a Non-Resident Indian with expertise in the drilling fluid industry, filed two petitions under Section 11(...

High Court

Bombay High Court Grants Unconditional Leave to Defend in Summary Suit for Payment Under RBI Scheme of Amalgamation — Plaintiff Not Registered Shareholder on Prescribed Date. Claim for Rs.28 per share under Scheme of Amalgamation of United Western Bank with IDBI Bank Ltd. fails as plaintiff was not a registered shareholder on the record date.

27 Jul 2012

The plaintiff, Speed Trade Securities Private Limited, filed a summary suit against IDBI Bank Ltd. seeking payment of Rs.28 per share for 15,000 share...

High Court

High Court of Judicature at Bombay Determines Factual Enquiry Whether Share Transfer Resulted in Members Exceeding Fifty. Enquiry Directed by Supreme Court in Civil Appeal No. 2481 of 2014 Following Dispute Over Validity of Pre-emption Rights in Articles of Association.

4 Aug 2017

The appeal was placed before the High Court of Judicature at Bombay following a remand order by the Supreme Court in Civil Appeal No. 2481 of 2014. Th...

High Court

Bombay High Court Confirms Reduction of Equity Share Capital of Wartsila India Limited — Court Approves Special Resolution for Reduction of Share Capital to Provide Exit to Minority Shareholders, Rejecting Oppression Allegations. The Court held that the reduction was bona fide and not oppressive, and confirmed the reduction under Section 100 of the Companies Act, 1956.

15 Nov 2010

The judgment concerns a Company Petition filed by Wartsila India Limited (WIL) seeking confirmation of a special resolution passed on 10th November 20...

High Court

Bombay High Court Hears Appeals Against Admission of Winding Up Petition in Shareholder Deadlock Case. The core issue concerns whether a petitioner who is not the registered shareholder can maintain a winding up petition after the registered shareholder merged into it.

20 Feb 2006

The dispute concerned the winding up of Capital Controls India Private Limited, a joint venture between Chloro Controls (India) Private Limited and Se...

High Court

Bombay High Court Dismisses Revenue's Appeal on Deemed Dividend Under Section 2(22)(e) of Income Tax Act, 1961. Loan to Taxpayer Company Not Deemed Dividend as Taxpayer Was Not Shareholder in Creditor Companies and Payment Was Not to Concern of Common Shareholder.

8 Feb 2019

The appeal before the Division Bench of the Bombay High Court arose from an order of the Income Tax Appellate Tribunal (ITAT), which had confirmed the...

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