Search Results for "Separate Legal Entity"

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Supreme Court Dismisses Appeal Against Initiation of CIRP Against Corporate Debtor Despite Payment by Guarantor's Resolution Applicant. Right of Subrogation Under Section 140 of Indian Contract Act, 1872 Not Available Where Resolution Plan Extinguishes Guarantee and No Payment of Entire Debt.

The case involves an appeal against the initiation of Corporate Insolvency Resolution Process (CIRP) against the 2nd respondent, Gujarat Hydrocarbon a...

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High Court of Karnataka Quashes Reassessment Orders Against Corporate Dealers in KVAT Cases; Holds Inter-Branch Transfers Not Taxable as Sale. Branch Registration Under Section 38(6) Does Not Create Separate Legal Personality for Levy of VAT.

The batch of writ petitions was filed by corporate entities, including M/s Wipro Enterprises (P) Ltd and M/s Chamundeshwari Build Tech Pvt. Ltd, chall...

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Bombay High Court Allows Petition of Company Challenging Recovery of PF Dues of Another Company — Corporate Veil Cannot Be Pierced Based on Common Directors Alone. Separate Legal Entity Principle Under Companies Act, 1956 Prevents Recovery of Dues of One Company from Another Sister Concern.

The petitioner, M/s. Universal Pollution Control (I) P.Ltd, filed a writ petition challenging an order seeking to recover Rs.9,49,267/- and Rs.3,23,80...

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Supreme Court Dismisses Appeals of Three Establishments Denied Exemption Under Employees' Provident Funds Act. Functional Integrality and Common Ownership with Parent Company Preclude Claim of New Establishment Status Under Section 16(1)(d).

The Supreme Court dismissed three civil appeals filed by M/s. Shree Vishal Printers Ltd., Jaipur (SVPL), M/s. Times Publishing House Ltd., Jaipur (TPH...

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Karnataka High Court Allows Writ Petition by Third Party Against Execution of Money Decree by Arrest of Director of Judgment-Debtor Company. Principle of Separate Legal Entity of Company Prevents Execution Against Directors Unless Personal Liability Established Under Order 21 Rule 37 CPC.

The petitioner, Shashikanth Govindalal Mandanna, who was not a party to the original suit, filed a writ petition under Article 227 of the Constitution...