Search Results for "Shareholder Rights"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Bombay High Court at Goa Dismisses Review Petition in Partition Suit Impleadment...
Bombay High Court Acquits Accused in Corruption Case Due to Unreliable Trap Witn...

Search Results for "Shareholder Rights"

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High Court

High Court of Karnataka Dismisses Appeal in Tender Dispute — Bank of Baroda's Disqualification of Bidder Upheld. Pre-qualification criteria requiring specific experience in printing of magnetic strip and QR code passbooks was not met by the appellant, and the court found no arbitrariness in the evaluation.

16 Jul 2026

The appellants, Manipal Technologies Limited (MTL) and its shareholder, filed a writ appeal against an interim order of a Single Judge declining inter...

High Court

Bombay High Court Quashes PMLA Proceedings Against Accused in Seva Bank Loan Fraud Case — Lack of Scheduled Offence and Non-Application of Mind in ECIR Registration. The court held that the ECIR was registered solely on the basis of FIR No.163/2018 involving Section 420 IPC, but the subsequent FIRs (525/2021, 526/2021, 527/2021) which included other scheduled offences were not considered, and the proceeds of crime were not properly identified, rendering the PMLA proceedings unsustainable.

29 Aug 2024

The judgment concerns multiple writ petitions filed by individuals accused in connection with alleged loan fraud involving Seva Vikas Co-operative Ban...

Supreme Court

Supreme Court Allows Appointment of Arbitrator in Shareholders' Dispute Despite Pending NCLT Proceedings and Prior Arbitral Award. The Court held that under Section 11(6) of the Arbitration and Conciliation Act, 1996, the court should not refuse appointment unless the dispute is ex facie non-arbitrable, and issues of arbitrability should be left to the arbitrator.

4 Nov 2022

The appeal arose from the dismissal of an application under Section 11(6) of the Arbitration and Conciliation Act, 1996 by the Madras High Court. The ...

High Court

Bombay High Court Allows Appeal Against Rejection of Interim Injunction in Commercial Suit for Specific Performance of Share Pledge Agreement. Court holds that a prima facie case for specific performance of a contract to create a pledge is made out when the contract is clear and the plaintiff has performed its obligations.

23 Jun 2022

The appellant, World Crest Advisors LLP, filed a Commercial Suit against Catalyst Trusteeship Ltd and others seeking specific performance of a share p...

High Court

Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Restores Arbitral Award — Holds That Single Judge Erred in Setting Aside Award on Grounds of Patent Illegality and Public Policy. The Court Reinstated the Arbitral Tribunal's Findings on Oral Agreement and Quantum of Damages.

20 Apr 2021

The appellant, Ratnam Sudesh Iyer, filed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996 against the judgment of a learned Si...

High Court

Bombay High Court Dismisses Arbitration Petition Challenging Award on Share Sale Proceeds. Court upholds arbitrator's finding that petitioner signed mandate letter for sale of shares and loan repayment, rejecting allegations of fraud and forgery.

19 May 2020

The petitioner, Jackie Kukubhai Shroff, and the respondent, Ratnam Sudesh Iyer, were shareholders in Atlas Equipfin Pvt. Ltd. (Atlas), which held shar...

High Court

Bombay High Court Grants Interim Injunction Under Section 9 of Arbitration Act to Prevent Payment to Contractor Pending Arbitration — Share Subscription Agreement and Concession Agreement Form Composite Transaction

3 Aug 2015

The petitioner, Welspun Enterprises Limited, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking an interim injunc...

High Court

Bombay High Court Allows Appeal in Admiralty Suit for Arrest of Vessel Based on Beneficial Ownership. Court holds that under the International Convention on Arrest of Ships, 1999, a maritime claimant can arrest a vessel beneficially owned by the same person who owns the charterer-debtor, even if the vessel is registered in a different name.

2 Jul 2013

The appellant, Lufeng Shipping Company Ltd., a Chinese company, had a maritime claim of US$ 1,628,658.07 against respondent No.2, Whim Star Chartering...

High Court

Bombay High Court Allows Appeal in Company Law Dispute Over Share Transfer Rectification — Transfer of Shares Held Void for Non-Compliance with Articles of Association. The court held that the Company Law Board failed to consider the mandatory requirement of pre-emptive rights under the Articles, and the transfer was invalid as it violated the company's own regulations.

7 Jul 2010

The case involves an appeal under Section 10(F) of the Companies Act, 1956 against an order of the Company Law Board (CLB) dated 22.06.2009. The appel...

High Court

Bombay High Court Upholds Market Value Determination for Share Valuation in Oppression Case — Director's Rights Cease Upon Valuation. The court held that the market value determined by the Company Law Board for shares held by a minority shareholder was just and proper, and that the shareholder ceases to be a director upon valuation, not upon payment.

16 Jun 2005

The case involves two appeals filed against an order of the Company Law Board (CLB) dated 5.5.2003 in Company Petition No. 12 of 1998. The appellant, ...

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