Search Results for "Finance Act 1956"

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Bombay High Court Sanctions Scheme of Amalgamation of Fifteen Transferor Companies with Transferee Company under Sections 391-394 of Companies Act, 1956. Court found scheme fair and reasonable, no objections received, and ordered dissolution of transferor companies without winding up.

This is a company summons for direction filed by D.B.R Properties Private Limited, the fifteenth transferor company, seeking sanction of a scheme of a...

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Bombay High Court Sanctions Scheme of Amalgamation of 16 Transferor Companies with Transferee Company under Sections 391-394 of Companies Act, 1956. Court finds scheme fair and reasonable, no objections from authorities, and orders dissolution of transferor companies without winding up.

The judgment pertains to a Company Summons for Direction No. 336 of 2014 filed before the Bombay High Court under the Companies Act, 1956. The applica...

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Bombay High Court Quashes Process Against Directors in Cheque Dishonour Case — Lack of Specific Allegations of Role in Day-to-Day Affairs. Directors Cannot Be Vicariously Liable Under Section 141 of Negotiable Instruments Act, 1881 Without Averments of Their Involvement in Company's Business.

The petitioners, including a company and its directors, challenged the order issuing process under Section 138 read with Section 141 of the Negotiable...

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Bombay High Court Hears Appeals Against Orders in Section 9 Applications for Injunction in Water Supply Project Dispute. Court Examines Whether Injunction Preventing Contract Termination Amounts to Impermissible Specific Performance Under Specific Relief Act, 1963.

The matter involved two arbitration appeals arising from interim applications under Section 9 of the Arbitration and Conciliation Act, 1996. The dispu...

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Bombay High Court Allows Writ Petition Challenging Inaction on GST Registration Cancellation Application — Failure to Consider Application Within Statutory Period Violates Principles of Natural Justice and Section 29 of CGST Act, 2017.

The petitioner, Heritage Lifestyles and Developers Private Limited, a company incorporated under the Companies Act, 1956, filed a writ petition before...

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Bombay High Court Dismisses Application to Set Aside Consent Decree in Commercial Suit — No Fraud or Collusion Found. Consent Terms Recorded in Suit for Specific Performance of Share Purchase Agreement Were Valid and Binding, Not Vitiated by Fraud or Misrepresentation Under Order XXIII Rule 3 CPC.

The judgment arises from a Notice of Motion filed by the original defendants (applicants) in a commercial suit seeking to set aside a consent decree d...