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Search Results for "company resolution"

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High Court

Bombay High Court Sanctions Scheme of Amalgamation Between Casby CFS Pvt. Ltd. and Casby Logistics Pvt. Ltd. Under Section 394 of Companies Act, 1956 — Restructuring of Casby Group Approved. Court found the scheme fair, reasonable, and not contrary to public interest, with no objections from Regional Director.

19 Mar 2015

The judgment concerns a petition filed by Casby CFS Pvt. Ltd. (Transferor) and Casby Logistics Pvt. Ltd. (Transferee) seeking sanction of a scheme of ...

High Court

High Court of Judicature at Bombay Rules on Arbitration Petition No.846 of 2014 Under Section 34 of the Arbitration Act. The Court Considers Whether the Arbitral Award Dated 22 March 2014 Should Be Set Aside in Light of Various Share Sale Agreements Between the Parties.

24 Apr 2015

The matter before the High Court of Judicature at Bombay arose from an arbitration petition filed by Haresh Advani under Section 34 of the Arbitration...

High Court

Bombay High Court Grants Interim Injunction Restraining Bank from Enforcing Guarantee and Pledge Against Company Pending Company Law Board Proceedings. Alleged Fraudulent Assumption of Liability by Directors Without Shareholder Consent Raises Serious Questions to be Tried.

15 Jul 2013

The applicant, Rajinder Kumar Malhotra, filed an application in a pending company appeal seeking an interim injunction to restrain HDFC Bank from reco...

Supreme Court

Supreme Court Allows Appointment of Arbitrator in Defence Contract Dispute Over Encashment of Warranty Bond. The court held that the claims were not barred by limitation as bilateral discussions continued until 2019, and the arbitration clause covered the dispute.

18 May 2023

The petitioner, a Swiss company engaged in arms manufacturing, entered into a contract with the Ministry of Defence, Government of India, for supply o...

High Court

Bombay High Court Dismisses Petition Challenging Board Resolution in Canara Bank Dispute — Upholds Validity of Board Resolution Passed with Majority. Court holds that board resolutions passed by majority are valid and binding, and that the court cannot interfere with commercial decisions of the board under Article 226 of the Constitution of India.

7 Oct 2025

The petitioner, M/s. Ray Projects Pvt. Ltd., filed a writ petition under Article 226 of the Constitution of India challenging a resolution passed by t...

Tribunals

NCLAT Issues Notice in Appeal Against Rejection of Resolution Plan Approved by 100% CoC Vote. The Tribunal stays liquidation pending hearing, noting that the Resolution Professional and CoC also intend to challenge the same order.

4 Jul 2025

The National Company Law Appellate Tribunal (NCLAT) heard an appeal filed by Deepvir Enterprises & Anr. against an order of the Adjudicating Authority...

High Court

Bombay High Court Examines Public Interest Litigation Challenging Lavasa Hill Station Project and Statutory Approvals. Petition Raises Issues of Compliance with Maharashtra Regional and Town Planning Act, 1966, Special Regulations for Hill Station Development, and Approval of Water Weirs on Varasgaon Dam Backwaters.

26 Feb 2022

The judgment under consideration stems from a Public Interest Litigation filed before the High Court of Judicature at Bombay. The petitioner, a legal ...

High Court

Bombay High Court Allows Continuation of Arbitration Proceedings After Amalgamation of Multi-State Cooperative Society into Non-Cooperative Entity. The court held that Section 29A of the Arbitration and Conciliation Act, 1996 does not apply to arbitrations under the Multi-State Co-operative Societies Act, 2002, and that arbitration proceedings survive amalgamation.

20 Mar 2024

The judgment concerns two writ petitions filed by Emerald Realtors Pvt. Ltd. and Dewan Realtors Pvt. Ltd. challenging the continuation of arbitration ...

High Court

Bombay High Court Allows Debenture Trustee's Claim for Payment from Suit Amount Held by Court Receiver in Priority Over Assignee of Decree. The court held that an assignee of a decree steps into the shoes of the assignor and cannot claim priority over the original decree holder who is a debenture trustee.

23 Nov 2016

The dispute arose from a suit filed by ICICI Bank Ltd. (plaintiff) as debenture trustee for holders of 15% non-convertible debentures issued by Pal Pe...

Supreme Court

Supreme Court Upholds Assessee in Income Tax Case Regarding Computation of Capital Gains on Renouncement of Right Shares. The Court held that net capital gain under Section 12B(2) of the Income-tax Act, 1922, must be determined after deducting loss due to depreciation in value of original shares, applying commercial principles.

31 Oct 1966

This appeal concerned the proper computation of capital gains under the Indian Income-tax Act, 1922. The assessee, an individual, held 710 shares as i...

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