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Search Results for "ESOP"

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High Court

Bombay High Court Allows Former CEO's Suit for Specific Performance of Early Retirement Agreement Against ICICI Bank. Court holds that once ICICI Bank accepted Mrs. Kochhar's early retirement, it could not unilaterally treat her services as terminated for cause, and that the clawback of bonuses and ESOPs was impermissible.

10 Nov 2022

The dispute arises from the employment relationship between Mrs. Chanda Kochhar, former Managing Director and CEO of ICICI Bank Ltd., and the bank. Mr...

High Court

Bombay High Court Dismisses Appeal Against Refusal to Injunction EGM in Company Dispute. Court Holds That Requisition for EGM Under Section 169 of Companies Act, 1956 Is Valid Despite Pending Oppression Petitions and That Board's Failure to Call Meeting Within 21 Days Entitles Requisitionists to Call Meeting Themselves.

24 Jul 2013

The case involves a dispute between two groups of shareholders in Man Industries (I) Ltd., represented by two brothers, Ramesh Mansukhani (supporting ...

Tribunals

National Company Law Appellate Tribunal Considers Appeal Against Admission of Coffee Day Enterprises to CIRP Under Section 7 of Insolvency Code. Appeal Raises Questions on the Validity of Debenture Trustee's Action and Limitation Period Based on Debenture Trust Deed Provisions.

1 Jan 1970

The appeal arose from an order of the NCLT Bengaluru Bench admitting Coffee Day Enterprises Limited (the corporate debtor) into Corporate Insolvency R...

High Court

Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act for Lack of Fresh Material. Notice Issued Beyond Four Years Based on Mere Change of Opinion on Already Scrutinized Transactions is Invalid.

7 Aug 2023

The petitioner, Sterlite Technologies Limited, challenged a notice dated 27 March 2021 issued under Section 148 of the Income Tax Act, 1961 for reasse...

High Court

High Court of Karnataka Upholds Injunction Against Former Employee for Defamatory Social Media Posts — Balance of Convenience Favors Plaintiff Company. Former Employee Restrained from Making Defamatory Statements Against Employer on Social Media Under Order 39 Rules 1 and 2 CPC.

14 Jul 2023

The appellant, Mr. Arnaud Descamps, a former employee of OnMobile Global Limited (respondent), was employed from 09.01.2007 to 12.04.2013. The respond...

High Court

Bombay High Court Allows Writ Petitions Challenging Income Tax Reassessment Notices for Lack of Jurisdiction and Non-Application of Mind. The court held that the Assessing Officer failed to form a valid belief of income escaping assessment under Section 147 of the Income Tax Act, 1961, as the reasons recorded were based on borrowed satisfaction and lacked independent application of mind.

17 Oct 2019

The petitioner, Vodafone Idea Limited (successor in interest of Idea Cellular Ltd and erstwhile Vodafone India Ltd), filed two writ petitions challeng...

High Court

Bombay High Court Hears Employer’s Petition under Section 34 of Arbitration Act Challenging Arbitral Award Directing Allotment of ESOP Shares to Ex-Employee. Questions Arise on Whether Absence of Formal ESOP Scheme Under Companies Act, 2013 Invalidates Contractual Vesting of Options and Whether Specific Performance Was Appropriate Remedy.

5 Aug 2026

The petitioner, Waterfield Advisors Private Limited, a management consultancy firm, filed this petition under Section 34 of the Arbitration and Concil...

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