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High Court of Karnataka Allows Directors' Petition Against Disqualification of DINs in Companies Act Case — Violation of Article 19(1)(g) Right to Practice Profession. Blocking of Director Identification Numbers without Notice and Hearing Held Illegal Under Section 164(2) of Companies Act, 2013.

The petitioners, Mr. Dilipraj Pukkella and Mr. Muhammed Imthiyaz, directors of M/s. Vihaan Direct Selling (India) Private Limited, filed a writ petiti...

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Bombay High Court Dismisses Appeal Against Arbitral Award in Stockbroker Dispute, Upholds Limitation and Maintainability. The Court held that the claim was within limitation due to acknowledgement of debt and that the arbitration application was maintainable despite directors' disqualification.

The Appellant, Kaynet Finance Limited, a member-broker at the National Stock Exchange of India, was appointed by the Respondent, Verona Capital Limite...

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High Court of Karnataka Dismisses Challenge to Section 164(2)(a) of Companies Act, 2013 and Press Note Dated 6.9.2017 — Directors of Private Limited Companies Cannot Be Exempted from Disqualification for Non-Filing of Financial Statements.

The petitioners, Mr. Yenugu Krishna Murthy, Mr. Devarunda Manjegowda Purnesh, and Mr. Manjunath Krishnarajanagar Manikyam, filed three writ petitions ...

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High Court of Karnataka Dismisses Challenge to Section 164(2)(a) of Companies Act, 2013 and Press Note Dated 6.9.2017 — Directors of Private Limited Companies Cannot Be Exempted from Disqualification for Non-Filing of Financial Statements.

The petitioners, Mr. Yenugu Krishna Murthy, Mr. Devarunda Manjegowda Purnesh, and Mr. Manjunath Krishnarajanagar Manikyam, filed three writ petitions ...

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Bombay High Court Dismisses Petition Challenging Revocation of Disqualification of Directors in Cooperative Society. Disqualification under Section 78 of Maharashtra Cooperative Societies Act, 1960 set aside due to lack of inquiry and violation of natural justice.

The petitioners, Ravindra Bhaurao Patil Shishode and Subhash Marutirao Patil Shishode, filed a writ petition challenging the order dated 30 July 2009 ...