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High Court of Karnataka Quashes Criminal Proceedings in NI Act Case Due to Company Having Been Dissolved Prior to Issuance of Cheque. Director Not Held Liable Under Section 138 of Negotiable Instruments Act, 1881 as Company Struck Off Under Companies Act, 1956.

Background: The petitioner, a director of Giga Networks Private Limited, approached the High Court under Section 482 of the Code of Criminal Procedure...

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Bombay High Court Sanctions Scheme of Amalgamation of Thirteen Transferor Companies with Pebble Bay Developers Private Limited under Sections 391-394 of the Companies Act, 1956. Court found the scheme fair, reasonable, and not contrary to public interest, with no objections from shareholders or creditors.

The judgment concerns a Company Summons for Direction filed under Sections 391 to 394 of the Companies Act, 1956, seeking sanction of a scheme of amal...

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Bombay High Court Sanctions Scheme of Amalgamation of Twelve Transferor Companies with Pebble Bay Developers Private Limited under Sections 391-394 of the Companies Act, 1956. Court found compliance with statutory requirements and no objections from authorities, shareholders, or creditors.

This judgment concerns a Company Summons for Direction filed by Santorini Realty Private Limited, the twelfth transferor company, seeking sanction of ...

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Bombay High Court Sanctions Scheme of Amalgamation of 16 Transferor Companies with Transferee Company under Sections 391-394 of Companies Act, 1956. Court finds scheme fair and reasonable, no objections from authorities, and orders dissolution of transferor companies without winding up.

The judgment pertains to a Company Summons for Direction No. 336 of 2014 filed before the Bombay High Court under the Companies Act, 1956. The applica...

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Bombay High Court Sanctions Scheme of Amalgamation of Multiple Transferor Companies with Pebble Bay Developers Private Limited under Sections 391-394 of the Companies Act, 1956. Court found compliance with statutory requirements and no objections from stakeholders, thus approving the amalgamation.

The Bombay High Court considered a Company Summons for Direction filed by Advantage Raheja Developers Private Limited, one of the Transferor Companies...

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Bombay High Court Sanctions Scheme of Amalgamation of Fifteen Transferor Companies with Transferee Company under Sections 391-394 of Companies Act, 1956. Court found scheme fair and reasonable, no objections received, and ordered dissolution of transferor companies without winding up.

This is a company summons for direction filed by D.B.R Properties Private Limited, the fifteenth transferor company, seeking sanction of a scheme of a...