Search Results for "section 55A"

48 result(s) found

Scroll Down To Discover

Found 48 result(s)

© Image Copyrights Juris Services & Technology

High Court of Judicature at Bombay Examines Disqualification of Councillor Under Maharashtra Municipal Councils Act. Dispute Centres on Interpretation of Section 44(1)(e) on Whether Pre-Election Unauthorized Construction by Spouse Can Lead to Disqualification.

The petitioner, a councillor of Mangaon Nagar Parishad, faced disqualification proceedings initiated by respondent No.4 under Section 44(1)(e) of the ...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Petitions Challenging Unconstitutional Appointment of Administrator in Ulhasnagar Municipal Corporation. Appointment of Administrator under Section 55A of the Maharashtra Municipal Corporations Act, 1971 without prior dissolution of elected body held illegal and ultra vires.

The judgment concerns three writ petitions filed by Bhagwan Shankar Bhalerao, Deepak Laxmandas Sirwani, and Vijay Chahu Patil challenging the appointm...

© Image Copyrights Juris Services & Technology

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.

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

© Image Copyrights Juris Services & Technology

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.

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

© Image Copyrights Juris Services & Technology

Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Regulatory Appeal on Trial Forum under Securities and Exchange Board of India Act, 1992. Procedural Amendment to Section 26 by the 2002 Amendment Act Held Retrospective, and All Pending Trials for Pre-2002 Offences Must Proceed Before Special Court as per the 2014 Amendment.

The Supreme Court addressed a batch of appeals and writ petitions concerning the correct forum for trial of offences under the Securities and Exchange...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Petition Challenging ESI Coverage for Sweet Shop Based on Disputed Employee Count. Court holds that ESI Corporation must determine coverage under Section 2(12) of the Employees' State Insurance Act, 1948 after proper inquiry and opportunity of hearing.

The petitioner, M/s Anil Chat Bhandar, a proprietary concern engaged in preparing and selling sweets and snacks in Nagpur, challenged orders passed by...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Petition of Elected President in Municipal Council Disqualification Dispute — President Retains Authority to Preside Despite Notice of Disqualification. No Disqualification Without Final Order Under Maharashtra Municipal Councils Act, 1965.

The petitioner, Dr. Gazala Yasmeen, was elected as President of Mangrulpir Municipal Council on 31st December 2016 under Section 51A1A(1) of the Mahar...