Search Results for "Sections 397 398"

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Search Results for "Sections 397 398"

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High Court

Bombay High Court Holds It Has Power to Accept Consent Terms and Compound Offence Under Section 138 NI Act in Revision Proceedings. The Court clarifies that Section 397 CrPC read with Section 401 CrPC empowers the High Court to record compromise and acquit accused even in revision, subject to satisfaction of complainant.

20 Dec 2024

The Bombay High Court was hearing a group of criminal revision applications and connected matters, all arising from proceedings under Section 138 of t...

High Court

Bombay High Court Hears Challenge to Denial of Exemption for Transitional Product Specific Safeguard Duty under Section 8C of Customs Tariff Act, 1975. Petitioner Asserts Notification No.96/2009-Cus. Intended to Exempt All Safeguard Duties and Phrase 'under section 8B' is Discriminatory.

23 Dec 2015

The petitioner, a public limited company manufacturing pneumatic tyres, regularly imported Carbon Black from the People’s Republic of China. Carbon ...

High Court

High Court of Bombay Grants Direction Dispensing with Section 101(2) Procedure in Reduction of Share Capital – Interpretation of 'Any Other Case' under Section 101(2) and Discretion of Court. The court held that where reduction does not involve diminution of liability in respect of unpaid share capital or payment to shareholders, Section 101(2) does not automatically apply, and the court has discretion to dispense with creditor objection procedure under Section 101(3) in special circumstances.

10 Feb 2005

The applicant, Rallis India Limited, a public limited company, had merged four loss-making subsidiaries, resulting in an accumulated debit balance of ...

High Court

Bombay High Court Hears Appeal Against Company Law Board Order Dismissing Petition. Court Frames Questions on Applicability of Section 111A and Section 43A of Companies Act, 1956 to Deemed Public Company.

14 Jun 2011

The appeal arose from a company petition filed by the appellants, members of the Kavasmaneck family, before the Company Law Board, Mumbai, alleging op...

High Court

Karnataka High Court Adjudicates Classification of Electrical Insulated Press Board Under Third Schedule of KVAT Act, 2003. Assessee's Claim for Lower Tax Rate as 'Paper' is Examined Under Common Parlance and Trade Parlance Tests.

20 Aug 2014

The assessee, a registered dealer under the CST Act and KVAT Act, manufactured and sold Electrical Insulated Press Board (High Density Board) used in ...

High Court

Bombay High Court Allows Company Appeal Against CLB Order Dismissing Petition for Oppression and Mismanagement as Not Maintainable Due to Lack of Proper Verification Under Company Law Board Regulations. The Court held that procedural defects like improper verification are curable and cannot be a ground to reject a petition under Sections 397 and 398 of the Companies Act, 1956 when the petitioners hold the requisite shareholding under Section 399(1).

31 Oct 2012

The case involves a Company Appeal filed by Mr. Pratik B. Mehta and others (Appellants/Original Petitioners) against Uniform Offset Private Limited an...

High Court

COMPANY APPEAL NOS. 1 to 7 of 2015

1 Jan 1970

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Supreme Court

Supreme Court Allows Appeals by State and Corporation in Bombay Municipal Corporation Act Case; Upholds Provisions Requiring Deposit of Carcasses Without Sale. Provisions Are Reasonable Restrictions Under Articles 19(1)(f) and (g) and Not Acquisitions Requiring Compensation Under Article 31(2) as They Prevent Danger to Public Health Under Article 31(5)(b)(ii).

15 Oct 1968

The case arose from a constitutional challenge to certain provisions of the Bombay Municipal Corporation Act, 1888, as amended by Act 14 of 1961, whic...

High Court

Bombay High Court pronounces judgment on Letters Patent appeals in oppression and mismanagement case under Companies Act, 1956 — dispute over diversion of Contship agency business. The Court examined whether directors' diversion of business opportunity amounted to oppression and breach of fiduciary duty under Sections 397, 398 of the Companies Act, 1956 and Section 88 of the Indian Trusts Act, 1882.

31 Mar 2006

The appeals arose from a dispute between the Puri Group and the Sippy Group, both holding equal shares and equal directorships in two private Indian s...

High Court

High Court of Karnataka Considers Constitutional Validity of Forest Development Tax Notification and Demands. Petitioners Challenge vires of Karnataka Forest Act section 98A and Notification under Forest Conservation Act.

3 Dec 2015

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