Search Results for "wholly owned subsidiary"

164 result(s) found

Scroll Down To Discover

Found 164 result(s)

© Image Copyrights Juris Services & Technology

Court Quashes Decade-Old Show Cause Notices Due to Procedural Delays. Non-communication of transfer to call book and prolonged delay in adjudication render ICICI Bank subsidiary's show cause notices invalid.

The petitioner, a wholly owned subsidiary of ICICI Bank Limited, sought a declaration from the court that the proceedings initiated by two show cause ...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Appeal of Resolution Professional in IBC Moratorium Dispute. Section 14(1)(d) of Insolvency and Bankruptcy Code, 2016 prohibits owner from recovering property occupied by corporate debtor during moratorium, even under joint development agreement.

The appeal arose from a dispute concerning the interpretation of Section 14(1)(d) of the Insolvency and Bankruptcy Code, 2016 (IBC). The appellant, Ra...

© Image Copyrights Juris Services & Technology

Supreme Court Holds Contemnors Guilty for Breach of Undertakings in Enforcement of Foreign Arbitral Award. Repeated assurances to court regarding protection of assets were violated by transferring shares, constituting civil contempt under Article 129 of the Constitution.

The case arises from a dispute between Daiichi Sankyo Company Limited (the petitioner) and the respondents in Special Leave Petition (Civil) No.20417 ...

© Image Copyrights Juris Services & Technology

Bombay High Court Grants Stay on Tax Recovery in Gift of Shares Case Under Section 56(1) of Income Tax Act, 1961. Court allows stay of recovery pending appeal, subject to conditions protecting revenue, without deciding merits of taxability of gift of shares.

The petitioner, M/s. Nerka Chemicals Private Limited, a wholly owned subsidiary of Demuric Holdings Private Limited (DHPL), challenged an order dated ...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses ICICI Bank's Intervention Application in Winding-Up Petition. ICICI Bank's claim not yet due and it is otherwise sufficiently secured; application held premature and aimed at defeating resolution of BNYM's claim.

The applicant, ICICI Bank Limited, sought to be impleaded as a respondent or alternatively to intervene in a company application filed by The Bank of ...