Search Results for "Minority Shareholder"

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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

High Court of Karnataka Dismisses Appeal Against Refusal of Interim Injunction in Commercial Dispute Over Land Transfer. Section 9 of Arbitration Act Does Not Confer Right to Injunction Against Third Party Transferee Without Prima Facie Case of Fraud or Collusion.

13 Aug 2025

The appellants, Vasudev Garg, Chaitanya Garg, and Radhika Baig, filed a Commercial Appeal under Section 37(1)(b) of the Arbitration and Conciliation A...

High Court

High Court of Bombay at Goa Dismisses Petitions Challenging Environmental Clearance Conditions for Iron Ore Handling at Mormugao Port. Court upholds requirement of prior environmental clearance for storage and handling of iron ore at port premises under the Environment Impact Assessment Notification, 2006.

14 Sep 2023

The judgment pertains to three writ petitions filed by companies involved in iron ore handling at Mormugao Port, Goa, challenging the requirement of p...

Supreme Court

Supreme Court Allows Assessee's Appeal in Income Tax Dispute Over Non-Compete Fee Taxability. Amount Received Under Deed of Covenant Held as Capital Receipt Not Taxable Under Section 28(ii)(a) of Income Tax Act, 1961, Due to Separate Genuine Transaction and Procedural Error in High Court's Judgment.

22 Jul 2020

The appeal concerned the assessment year 1995-96 involving Shri Shiv Raj Gupta, Chairman and Managing Director of Central Distillery and Breweries Ltd...

Supreme Court

Supreme Court Upholds Reassessment Notice Against NDTV in Income Tax Case Due to Failure to Disclose Material Facts. The Court held that the revenue had valid reason to believe that income had escaped assessment based on findings of sham transactions with subsidiaries under Section 147 of the Income Tax Act, 1961.

3 Apr 2020

The appellant, New Delhi Television Limited (NDTV), an Indian company, filed a return for assessment year 2008-09 declaring a loss. The return was pro...

High Court

Bombay High Court Allows Appeal Against Order for Possession of Bungalow in Execution of Consent Decree — Third Party Claim of Ownership Requires Proper Inquiry. Court Receiver Not to Take Possession of Property Claimed by Appellant Under Registered Sale Deed Without Adjudication Under Order XXI Rule 58 of Code of Civil Procedure, 1908.

25 Sep 2018

The appellant, Gunjan Pujit Aggarwal, filed an appeal against an order dated 25 July 2018 passed by a learned Single Judge of the Bombay High Court in...

High Court

High Court of Judicature at Bombay Disposes Appeal Against Single Judge’s Order in Arbitration Petition Arising from Share Purchase and Development Agreements. The dispute concerned termination of agreements, escrow arrangements, and obligations for transfer of shares and development rights in Regency Hotels Private Limited.

22 Sep 2017

The appeal arises from a judgment and order of a learned Single Judge dated 24 April 2015 passed in Arbitration Petition No.846 of 2014. The dispute i...

High Court

Bombay High Court Upholds CLB Order on Share Transmission in Company Dispute. CLB's findings on oppression and mismanagement under Sections 397 and 398 of Companies Act, 1956 set aside due to lack of evidence.

28 Mar 2016

The judgment concerns multiple company appeals arising from orders of the Company Law Board (CLB) in relation to Mehboob Productions Pvt. Ltd., a comp...

High Court

Bombay High Court Sanctions Scheme of Amalgamation of Monarch Research and Brokerage Private Limited and Monarch Project and Finmarkets Limited with Networth Stock Broking Limited under Sections 391-394 of the Companies Act, 1956 — Objection by Gold Castle Realtor Dismissed as Not a Creditor or Member.

7 Aug 2014

The judgment concerns two Company Scheme Petitions (CSP 575/2012 and CSP 576/2012) filed by Monarch Project and Finmarkets Limited (2nd Transferor Com...

High Court

Bombay High Court Dismisses Appeal Seeking Permanent Stay of Winding Up of Svadeshi Mills Company Limited. Section 466 of Companies Act, 1956 does not permit stay of winding up after assets have been sold and substantial progress made in liquidation.

23 Aug 2013

The case concerns an appeal against the dismissal of a company application under Section 466 of the Companies Act, 1956, seeking a permanent stay of t...

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