Bombay High Court Grants Unconditional Leave to Defend in Summary Suit for Payment Under RBI Scheme of Amalgamation — Plaintiff Not Registered Shareholder on Prescribed Date. Claim for Rs.28 per share under Scheme of Amalgamation of United Western Bank with IDBI Bank Ltd. fails as plaintiff was not a registered shareholder on the record date.
27 Jul 2012The plaintiff, Speed Trade Securities Private Limited, filed a summary suit against IDBI Bank Ltd. seeking payment of Rs.28 per share for 15,000 share...




