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Search Results for "corporate office"

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Supreme Court

Supreme Court Dismisses Appeal in Insolvency Case Involving Corporate Guarantee for Non-Corporate Borrowers. Corporate Insolvency Resolution Process Under Section 7 of Insolvency and Bankruptcy Code, 2016 is Maintainable Against Corporate Person as Guarantor Even When Principal Borrower is Not a Corporate Person, as Default Triggers Financial Debt and Corporate Debtor Status.

6 Sep 2022

The appeal arose from a dispute under the Insolvency and Bankruptcy Code, 2016 (IBC), where the appellant, a promoter and director of Maharaja Theme P...

Supreme Court

Supreme Court Allows Appeal of SBI Consortium in Corporate Guarantee Dispute Under IBC. Corporate Guarantees Executed by Corporate Debtor Constitute Financial Debt Under Section 5(8) of IBC, 2016, and Are Enforceable Despite Timing and Stamping Objections.

28 Apr 2026

The Supreme Court allowed the appeal filed by the Appellant Consortium against the order of the National Company Law Appellate Tribunal (NCLAT) which ...

High Court

Bombay High Court Quashes FIR in MPID Act Case — Intercorporate Deposits Not Covered Under MPID Act. Loan advanced by one company to another company registered under Companies Act, 1956 does not constitute a 'deposit' under Section 2(c) of the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999.

13 Sep 2019

The petitioner, Mr. Ashish Mahendrakar, filed a writ petition under Article 226 of the Constitution of India and Section 482 of the Code of Criminal P...

Supreme Court

Supreme Court Dismisses Appeals Against High Court Ruling That Canteen Workers of Subsidiary Are Not Employees of Air India — Corporate Veil Not Lifted in Absence of Fraud. Workmen of Statutory Canteen Run by Wholly-Owned Subsidiary Under Factories Act Not Deemed Employees of Holding Company When No Direct Control or Sham Arrangement Proven.

1 Aug 2026

Background: The litigation arose from an industrial dispute raised by workmen employed by Chef Air, a unit of Hotel Corporation of India (HCI), who op...

Tribunals

National Company Law Appellate Tribunal Chenna Hears Appeal Against NCLT's Admission of CIRP Under Section 7 IBC — Challenge on Territorial Jurisdiction. Suspended Director Argues Application Should Have Been Filed in Bangalore Under Section 60(1) IBC as Corporate Debtor's Registered Office is in Bangalore and Exception Under Section 60(2) Not Applicable.

1 Jan 1970

The appeal arises from an order dated 09.10.2023 passed by the Adjudicating Authority (NCLT, Chennai) admitting a petition under Section 7 of the Inso...

High Court

Bombay High Court Quashes Order of Special CBI Court Refusing Discharge of Corporate Debtor Under Section 32A of IBC. Section 32A(1)(a) of Insolvency and Bankruptcy Code, 2016 Grants Immunity to Corporate Debtor for Pre-CIRP Offences Upon Approval of Resolution Plan, Irrespective of Pending Appeals.

16 Nov 2021

The case arose from two writ petitions filed under Article 227 of the Constitution of India read with Section 482 of the Code of Criminal Procedure, 1...

High Court

Bombay High Court Allows Resolution Professional to Continue CIRP Under IBC Despite Pending Winding-Up Petition Under Companies Act, 1956. Leave under Section 446 of Companies Act, 1956 granted to proceed with Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016.

2 Nov 2018

The judgment concerns Company Application No. 10 of 2017 filed by the Resolution Professional of Murli Industries Limited (the corporate debtor) under...

High Court

High Court of Madras Disposes of Batch of Writ Petitions Challenging Income Tax and GST Assessment Orders, Suo Motu Impleads State Bank of India. No specific legal finding or ratio is discernible from the available text.

24 Feb 2026

The High Court of Madras heard a batch of writ petitions filed by multiple corporate entities, including Aqua Terra Coke and Energy Limited (formerly ...

Supreme Court

Supreme Court Remands Oppression Petition in Share Allotment Dispute Under Sections 397/398 of Companies Act, 1956 — Preference Shareholder's Voting Rights and Validity of Allotments Require Reconsideration. The Court held that the allotments were made in compliance with Section 81(1A) but the High Court failed to properly assess the allegations of oppression, necessitating a fresh hearing by the Company Law Board.

10 May 2019

The appeal arose from a judgment of the Delhi High Court which set aside an order of the Company Law Board (CLB) in a petition under Sections 397 and ...

High Court

High Court of Bombay Considers Appeals Against Company Law Board Order Directing Buyout of Majority Stake in Wind Energy Company. The majority shareholder challenged the finding of oppression and the forced sale of shares to minority shareholders under sections 397, 402 and 403 of the Companies Act, 1956.

20 Aug 2015

The proceedings arose from disputes between the shareholders of Enercon (India) Limited, now known as Wind World (India) Limited, a company engaged in...

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