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Search Results for "shareholder agreement"

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High Court

Bombay High Court Dismisses Assessee's Appeal in Income Tax Case on Dividend Distribution Tax Rate. DDT under Section 115-O is a tax on the company, not on shareholders, and the India-UK DTAA does not provide a lower rate for DDT.

27 Apr 2026

The Bombay High Court dismissed a batch of seven appeals filed by Foseco India Ltd. under Section 260A of the Income Tax Act, 1961, challenging a comm...

Supreme Court

Supreme Court Allows Appeal in IBC Section 7 Application — Cumulative Redeemable Preference Shares Held as Debt, Not Investment. The Court held that CRPS constitute a debt under Section 3(11) of IBC, 2016, and the appellant is a financial creditor entitled to file an application under Section 7.

9 Dec 2025

The appeal arises from the dismissal of the appellant's application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the NCLT and ...

Supreme Court

Supreme Court Allows Arbitration Petition and Refers Non-Signatory to Arbitration Under Group of Companies Doctrine. The Court held that the referral court under Section 11(6) of the Arbitration and Conciliation Act, 1996 must only examine the existence of an arbitration agreement on a prima facie basis, and the group of companies doctrine can bind a non-signatory to the arbitration agreement.

20 Sep 2024

The present petition was filed under Section 11(6) read with Section 11(9) of the Arbitration and Conciliation Act, 1996 seeking appointment of a Sole...

High Court

Bombay High Court Allows Shareholders' EGM Requisition in Zee Entertainment Dispute — Upholds Right to Convene Meeting Under Section 100 of Companies Act, 2013. Court holds that shareholders holding 17.88% stake have statutory right to requisition EGM for removal of directors and that the company cannot restrain such meeting on grounds of alleged illegalities in proposed resolutions.

22 Mar 2022

The case involves an appeal by Invesco Developing Markets Fund and OFI Global China Fund LLC (collectively holding 17.88% of shares in Zee Entertainme...

Supreme Court

Supreme Court Allows Appeal in Arbitration Petition Under Section 11 of Arbitration and Conciliation Act, 1996 - Family MoU Binding on Shareholders. The court held that a family Memorandum of Understanding containing an arbitration clause constitutes a valid arbitration agreement, enforceable under Section 11 of the Arbitration and Conciliation Act, 1996, and binding on heirs and successors.

6 Apr 2021

The appeal arose from the dismissal of a petition under Section 11 of the Arbitration and Conciliation Act, 1996, filed before the High Court of Delhi...

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

Bombay High Court Dismisses Section 9 Petition for Injunction in Arbitration Dispute Over Development Agreement. Court holds that disputes regarding termination of a development agreement are arbitrable and that interim relief under Section 9 cannot be granted when the agreement itself provides for termination and the petitioner has an adequate remedy under the arbitration clause.

2 May 2017

The petitioner, B.E. Billimoria & Company Limited, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996 seeking an injunctio...

High Court

High Court of Karnataka Dismisses Revenue's Appeal in Income Tax Case — Tribunal's Deletion of Rental Income Addition Upheld. Rental income from property held as stock-in-trade is assessable under 'Income from House Property' and not 'Business Income' as per Section 22 of the Income Tax Act, 1961.

23 Feb 2016

The present appeal was filed by the Revenue under Section 260-A of the Income Tax Act, 1961, against the order dated 27.02.2015 passed by the Income T...

High Court

Bombay High Court Allows Scheme of Amalgamation Without Physical Meeting in Exceptional Circumstances. Section 110 of Companies Act, 2013 Does Not Eliminate Requirement of Meeting Under Section 391 of Companies Act, 1956 for Scheme Approval.

8 May 2014

The judgment addresses a Company Summons for Direction filed by Godrej Industries Limited (GIL) seeking approval of a Scheme of Amalgamation with Wada...

Tribunals

NCLAT Larger Bench Holds Shareholder/Promoter is an 'Aggrieved Person' Under Section 61 IBC and Has Locus to Challenge Section 7 Admission Order. The reference resolves conflicting views on maintainability of appeal by shareholder against admission of insolvency petition.

30 Nov -0001

The National Company Law Appellate Tribunal (NCLAT) Chennai Bench, in a larger bench of three members, addressed a reference question: whether a share...

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