Search Results for "common shareholder"

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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...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "common shareholder"

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High Court

Bombay High Court Dismisses Revision Applications Challenging Civil Court Jurisdiction in Company Disputes — Alternative Remedy Under Companies Act Does Not Imply Ouster of Civil Court Jurisdiction. The court held that the remedy under Sections 397, 398, 402, and 403 of the Companies Act, 1956 is not equally efficacious as a civil suit for declaration and injunction, and therefore the civil court retains jurisdiction.

20 Jun 2005

The case involves two civil revision applications arising from S.C. Suit No.3789 of 1995 and S.C. Suit No.3790 of 1995 filed in the City Civil Court a...

High Court

High Court Dismisses Union of India's Appeal Against Company Law Board Order in Oppression and Mismanagement Case — Upholds CLB's Discretion to Grant Interim Relief Under Section 402 of Companies Act, 1956. The court held that the CLB has wide powers to pass interim orders to prevent oppression and mismanagement, and such orders are not final determinations of rights.

13 Aug 2013

The Union of India, through the Ministry of Corporate Affairs, filed an appeal under Section 10F of the Companies Act, 1956, against an interim order ...

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 Quashes Rejection of Technical Bid in Tender Process — Shareholding in Defaulter Company Not a Valid Ground for Disqualification Without Prior Notice or Opportunity. The court held that rejection of a bid based on past shareholding in a defaulter company, without giving an opportunity to explain, is arbitrary and unsustainable.

19 Jul 2017

The petitioner, Ganesh Vishal Infra Engineering Pvt. Ltd., challenged the decision of the respondent no.1, Mormugao Port Trust, rejecting its technica...

Supreme Court

Supreme Court Quashes NCLT Approval and NCLAT Judgment in Bhushan Power CIRP, Remands for Fresh Resolution Plan. Approved Plan Set Aside Due to Inordinate Delay, Illegal Extension Clause, Waterfall Violation, and Non-Compliance with IBC Provisions Including Sections 30, 31, and 53.

2 May 2025

The Supreme Court adjudicated a batch of civil appeals under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) challenging the approval of ...

High Court

Bombay High Court Sanctions Scheme of Arrangement in Company Petition for Revival of Sick Pharmaceutical Company. Scheme under Section 391 of Companies Act, 1956, Approved Involving Settlement of Secured Creditors' Dues through Cash and Securities.

13 Feb 2006

The Pharmaceutical Products of India Limited (PPIL), a company incorporated under the Companies Act, 1956, filed two company petitions under Section 3...

High Court

Bombay High Court Upholds Disinvestment of BPCL and Repeal of Burmah Shell Act — Strategic Disinvestment Policy Not Subject to Legislative Mandate for Prior Parliamentary Approval. The court held that the executive is competent to decide disinvestment under Article 73, and the repeal of the Burmah Shell Act by Finance Act 2016 is valid, with no right of first refusal for employees or dealers.

12 Nov 2020

The judgment concerns four petitions challenging the Union of India's decision to disinvest its shareholding in Bharat Petroleum Corporation Limited (...

High Court

Bombay High Court Allows Appeal Against Rejection of Plaint in Company Fraud Case. Civil Court Jurisdiction Not Barred Under Section 10GB of Companies Act, 1956 for Fraud Allegations.

13 Oct 2016

The appellants, M/s. Candolim Developers Pvt. Ltd. and its director Sunil Thukral, filed a suit before the Civil Judge Senior Division, Panaji, seekin...

High Court

High Court of Bombay Considers Motion to Set Aside Arrest of Vessel in Admiralty Suit: Arrest of M.V. Rainbow Ace Challenged on Ground of Non-Establishment of Common Beneficial Ownership Between Vessel Owner and Defaulting Charterer. Defendant Vessel Owner Asserts No Common Beneficial Ownership with Charterer, Seeking to Vacate Ex-Parte Arrest Order in Maritime Claim for Damages Under Voyage Charterparty.

6 May 2013

In the High Court of Judicature at Bombay, Admiralty and Vice Admiralty jurisdiction, the applicant, owner of the vessel M.V. Rainbow Ace, filed a not...

High Court

Bombay High Court Dismisses Revenue's Appeal in Deemed Dividend Case Under Section 2(22)(e) of Income Tax Act. ITAT Correctly Held That Loans to Assessee Were Not Covered as Deemed Dividend Since Lender Companies Had No Accumulated Profits.

8 Feb 2019

The appeal was filed by the Principal Commissioner of Income Tax (Revenue) against the order of the Income Tax Appellate Tribunal (ITAT) dated 20th Fe...

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