Search Results for "Mismanagement"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...
Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Ac...
High Court of Karnataka Allows EPF Organisation's Writ Petition for Priority Pay...

Search Results for "Mismanagement"

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Supreme Court

Supreme Court Upholds Interim Protection in Oppression and Mismanagement Petition Under Companies Act, 2013. Court Extended Restraint on Construction and Permitted Limited Protective Works to Preserve Subject Matter of Dispute Pending Adjudication by NCLT.

11 Mar 2026

The dispute arose from a company petition filed by the appellants under Sections 241, 242, 244, and 59 of the Companies Act, 2013, alleging oppression...

Supreme Court

Supreme Court Upholds Dissolution of CMJ University Due to Non-Compliance with Statutory Procedures. Chancellor Appointment Without Visitor’s Approval Rendered University Actions Void Ab Initio – Dissolution Order Validated

13 Feb 2025

Major Acts: Chandra Mohan Jha University Act, 2009 (CMJ University Act) – Sections 13, 14, 26, 48. University Grants Commission Act, 1956...

High Court

"High Court Allows Director's Fraud Allegation Against Loan Sanction to Proceed in Civil Court" "Commercial Court's rejection overturned as fraud claims bypass SARFAESI Act jurisdiction."

15 Oct 2024

The petitioner, against the rejection of his plaint by the Commercial Court under Order 7 Rule 11 CPC on grounds of being barred by Section 34 of the ...

Supreme Court

Supreme Court Orders Fresh Examination of Share Dispute in Lexus Technologies Pvt. Ltd. Supreme Court overturns NCLT and NCLAT rulings, directing a re-examination of evidence in share transfer and oppression claims.

9 Sep 2024

Legal Background: The appellants sought rectification of the Register of Members of Lexus Technologies Pvt. Ltd. under Sections 59 and 88 of the Co...

High Court

Bombay High Court Dismisses Appeal Against CLB Order in Company Petition for Oppression and Mismanagement — Upholds Finding That Petition Was Not Maintainable Due to Lack of Consent Under Section 399 of Companies Act, 1956. The court held that consent of members under Section 399 must be obtained prior to filing the petition and cannot be cured after filing.

16 Apr 2018

The case involves an appeal against the order of the Company Law Board (CLB) dismissing Company Petition No.4 of 2007 filed by the appellants under Se...

High Court

Bombay High Court Quashes Dissolution of Municipal Council for Violation of Natural Justice and Non-Compliance with Section 298 of Daman and Diu Municipalities Regulation. Administrator's order set aside as show cause notice did not specify grounds and opportunity of hearing was not granted before dissolution.

10 Feb 2015

The petitioners, who were Councillors of the Daman Municipal Council, challenged the order dated 31 October 2014 passed by the Administrator, Daman & ...

Tribunals

NCLAT Dismisses Appeal Against EGM for Share Capital Increase in Insolvency Context — No Prima Facie Case for Injunction as RP Had Not Objected to Proposed Resolution Plan. The court held that the appellant, a financial creditor with 99.41% voting share in the CoC, failed to establish a prima facie case for restraining the EGM of a subsidiary company to increase its authorized share capital, as the RP had not objected to the proposed restructuring.

28 Oct 2025

The case involves an appeal filed by GLAS Trust Company LLC, the principal financial creditor of Think and Learn Private Limited (TLPL), which is unde...

High Court

Arbitration Proceedings – Interim Relief – Failure to Issue Shares – Protection of Investment. High Court Granted Interim Relief Protecting Investment of Foreign Investor After Company Failed to Allot Shares Despite Utilizing Funds for Debt Clearance

18 Mar 2025

Misappropriation of investment funds occurs not just by siphoning money but also by enjoying benefits of an investor’s funds without fulfilling corr...

High Court

Writ Petition Seeking Quashing of Criminal Case Against Former Bank Director. A legal battle over the applicability of the Maharashtra Protection of Interest of Depositors Act to cooperative banks in India.

6 May 2024

Writ petition filed under Article 226 of the Constitution of India along with Section 482 of the Code of Criminal Procedure, seeking the quashing of a...

High Court

Karnataka High Court Allows Appeals Against Single Judge Order in Company Dispute Over Bank Account Freezing. The Court held that the writ petition was maintainable but the interim relief of defreezing accounts was not justified as there was a prima facie case of mismanagement and balance of convenience favored maintaining status quo.

13 Jul 2021

The case involves two writ appeals filed by Mr. Manne Guru Prasad and Shri Ramappa against an order dated 06.04.2021 passed by a learned Single Judge ...

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