Search Results for "section 127 Companies Act"

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Search Results for "section 127 Companies Act"

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High Court

Bombay High Court Allows Writ Petition for De-reservation of Land Under MRTP Act — Failure to Acquire Within Ten Years Results in Lapse of Reservation. The court directed the State to notify de-reservation within one month, holding that the reservation lapsed under Section 127 of the Maharashtra Regional and Town Planning Act, 1966.

10 Oct 2019

The petitioner, Bombay Salesian Society, a public trust engaged in educational and charitable activities, owned a plot of land admeasuring around 5000...

High Court

Bombay High Court Allows Writ Petition for Deemed Lapse of Land Reservation for High School and Playground Under Section 127 of MRTP Act, 1966. Failure to Acquire Land Within Prescribed Period Results in Lapse of Reservation and Entitlement to Develop Land as Per Adjacent Permissible Use.

23 Sep 2014

The petitioners, four private limited companies, owned a plot of land bearing Survey No.42/1+2/2/5 admeasuring 7652 sq. meters at Nashik. The land was...

High Court

Bombay High Court Quashes Process Under Section 127 of Companies Act for Non-Payment of Dividend Due to Pending Dispute Between Shareholder Groups. The court held that the defence under section 127(c) of the Companies Act, 2013, which allows non-payment if there is a dispute regarding the right to receive the dividend, must be considered before issuing process.

22 Apr 2019

The case involves three criminal applications filed by the directors of Man Industries (India) Limited (MIIL) seeking quashing of notices and process ...

High Court

Bombay High Court Allows Writ Petition for Deemed Lapse of Land Reservation Under MRTP Act - Petitioners Entitled to Develop Land as Reservation Not Acquired Within Reasonable Time. The court held that the reservation of land for vegetable market and shopping centre and parking had lapsed under Section 127 of the Maharashtra Regional and Town Planning Act, 1966, as the acquiring authority failed to acquire the land within a reasonable period.

23 Sep 2014

The petitioners, owners of a plot of land bearing Survey No.42/1+2/2/5 admeasuring 6796 sq. meters at Nashik, filed a writ petition under Article 226 ...

Supreme Court

Supreme Court Upholds Constitutional Validity of Sections 35AA and 35AB of Banking Regulation Act, 1949 and RBI Circular on Stressed Assets Resolution. The Court held that the RBI circular dated 12.02.2018 is valid and not arbitrary, and that the requirement of 100% lender consent for restructuring and mandatory IBC reference for large accounts is within RBI's powers.

2 Apr 2019

The present batch of petitions and transferred cases challenged the constitutional validity of Sections 35AA and 35AB of the Banking Regulation Act, 1...

Supreme Court

Supreme Court Allows Appeals by DISCOMs and Generating Companies in Electricity Tariff Dispute — Change in Law Compensation for Coal Shortfall Must Be Computed Based on Actual GCV and SHR as per PPAs.

3 Mar 2023

The judgment involves two civil appeals concerning the determination of compensatory tariff for Change in Law events under long-term Power Purchase Ag...

High Court

Bombay High Court Grants Permanent Injunction in Trademark Infringement and Passing Off Suit — Aglowmed Limited v. Aglow Pharmaceuticals Private Limited. Plaintiff's registered trademark 'AGLOWMED' held infringed by defendant's use of 'AGLOW' for pharmaceutical products, and defendant restrained from using deceptively similar name.

30 Jul 2019

The plaintiff, Aglowmed Limited, filed a suit seeking a permanent injunction restraining the defendant, Aglow Pharmaceuticals Private Limited, from us...

High Court

Bombay High Court Quashes Electricity Demand Notice for Violation of Natural Justice. Demand of Rs. 56,03,815.50 set aside as no opportunity of hearing was given before raising the demand under the Electricity Act, 2003.

25 Nov 2005

The petitioner, Twenty First Century Wire Rods Limited, challenged a demand notice dated 22.09.2003 issued by respondent no.3 and the appellate order ...

High Court

Bombay High Court Convicts Directors for Default in Filing Statement of Affairs Under Section 454(5) of Companies Act, 1956 — Failure to Submit Statement Despite Repeated Court Orders and Notices Constitutes Offence Without Reasonable Excuse.

1 Oct 2025

The Official Liquidator of M/s. Geeta Marine Services Pvt. Ltd. filed a complaint under Section 454(5) of the Companies Act, 1956 against four accused...

Supreme Court

Supreme Court Allows Liquidator's Appeal on Limitation Grounds in Insolvency Proceeding. Limitation period under Section 61 of the Insolvency and Bankruptcy Code, 2016 runs from the date the order is made available, not from pronouncement, applying Section 420(3) of the Companies Act, 2013 and Rule 50 of the National Company Law Tribunal Rules, 2016 for free copies.

22 Oct 2021

The appeal arose from a judgment of the National Company Law Appellate Tribunal (NCLAT) dated 13 July 2020, which dismissed the appellant's appeal as ...

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