Search Results for "Pari Passu"

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Search Results for "Pari Passu"

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High Court

Bombay High Court Allows SEBI's Appeal Against Interim Order Restraining Adjudication Proceedings. Civil Suit Against SEBI Held Not Maintainable Due to Alternative Remedy Under SEBI Act, 1992.

21 Mar 2022

The case involves an appeal by the Securities and Exchange Board of India (SEBI) against an interim order passed by a Single Judge of the Bombay High ...

High Court

Bombay High Court Dismisses Promoter's Challenge to Pledge of Shares During Lock-In Period — Pledge Held Valid as Lock-In Restricts Transfer of Title, Not Interest. Court Rules That Pledge Under Section 172 of Contract Act Does Not Violate SEBI ICDR Regulations, 2009.

5 Nov 2014

The plaintiff, Kannan Vishwanath, a promoter and managing director of Dr. Datson Labs Limited, filed a suit and notice of motion seeking a declaration...

High Court

Bombay High Court Quashes Detention Order Due to Translation Error — 'Public Order' vs 'Public Peace' Distinction. The court held that the Hindi translation of 'public order' as 'public peace' in a detention order under the Maharashtra Prevention of Dangerous Activities Act, 1981 violated the detenu's right to effective representation under Article 22(5) of the Constitution.

22 Aug 2013

The petitioner, mother of the detenu Samad Salim Khan, challenged a detention order dated 12th March 2013 issued by the Commissioner of Police under t...

High Court

Madras High Court Allows Official Assignee to Sell Insolvent's Property in Insolvency Proceedings — Property Not Subject to Prior Agreement of Sale as No Valid Contract Existed. The court held that the Official Assignee has the power to sell the insolvent's property free from an alleged agreement of sale that was not valid or enforceable under the Presidency Town Insolvency Act, 1909.

27 Feb 2026

The case involves an appeal filed by the Official Assignee of the High Court of Madras, representing the estate of Arjunlal Sunderdas (the insolvent),...

High Court

Bombay High Court Dismisses Assignee's Challenge to Auction Sale for Non-Compliance with Regulation 37(1) of DRT Regulations, 2015 — Failure to Raise Objection at Appropriate Stage and Lack of Prejudice Renders Challenge Belated and Unsubstantiated.

8 Aug 2024

The petitioner, Invest Assets Securitisations & Reconstruction Private Limited, an assignee holding a pari passu charge with the first respondent Bank...

High Court

Bombay High Court Allows State of Kerala's Claim for Sales Tax Arrears in Liquidation, Holding Section 26B of Kerala General Sales Tax Act Overrides Companies Act Priority. The court directed the Official Liquidator to release Rs.68,55,885/- to the State, recognizing the first charge created by Section 26B over the claims of secured creditors and workmen.

11 Aug 2010

The State of Kerala filed an application before the Bombay High Court seeking an order directing the Official Liquidator of Poysha Industrial Company ...

High Court

High Court of Bombay at Goa Dismisses Appeal Against CLB Consent Order in Company Oppression Case — Parties Bound by Consensus. Consent order for share buyout under Sections 397-398 of Companies Act, 1956 cannot be challenged by consenting party.

22 Dec 2016

The case involves an appeal filed by Shalby Limited and others against an order dated 25.04.2016 passed by the Company Law Board (CLB), New Delhi Benc...

High Court

High Court of Bombay Directs Re-adjudication of 21 Employees' Claims; Dispute on Interest and Bonus Under Winding-Up Not Resolved in Extracted Judgment Text. The court granted partial relief by allowing prayer (b) for re-adjudication of claims of 21 workmen due to discrepancies, while the final decision on prayer (a) concerning statutory interest, bonus, and provident fund contribution under the Companies Act, 1956 is not discernible from the incomplete text.

4 Aug 2006

The case concerns a company application filed by the Engineering Workers Association, representing 121 employees of M/s. Poysha Industrial Co. Ltd., w...

Supreme Court

Supreme Court Dismisses Appeal by Public Works Department Against Industrial Court Order Granting Holiday Benefits to Field Staff. Employees Entitled to 2nd and 4th Saturday Holidays and Overtime Pay Under Kalelkar Award Despite Government Resolution Purporting to Withdraw Benefits.

20 Sep 2024

The present appeal by special leave was preferred by the appellants-employer, the Secretary, Public Works Department and others, challenging the impug...

High Court

High Court of Judicature at Bombay Adjudicates Section 9 Petition in Arbitration Dispute. Interim Measures Sought by Builder Against Co-operative Housing Society and Others.

20 Jun 2025

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