Search Results for "shareholders' approval"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal of Claimant in Motor Accident Case — Functional Di...
Supreme Court Modifies Sentence in Forgery Case Due to Long Pendency and No Crim...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...

Search Results for "shareholders' approval"

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High Court

Bombay High Court Confirms Reduction of Equity Share Capital of Wartsila India Limited — Court Approves Special Resolution for Reduction of Share Capital to Provide Exit to Minority Shareholders, Rejecting Oppression Allegations. The Court held that the reduction was bona fide and not oppressive, and confirmed the reduction under Section 100 of the Companies Act, 1956.

15 Nov 2010

The judgment concerns a Company Petition filed by Wartsila India Limited (WIL) seeking confirmation of a special resolution passed on 10th November 20...

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 ...

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...

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

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...

High Court

Bombay High Court Allows Winding Up Petition Against Company for Failure to Repay Convertible Bonds — Debt Admitted and Company Unable to Pay Under Section 433(e) of Companies Act, 1956. The court held that where a debt is admitted and the company is commercially insolvent, a winding up order is justified.

30 Jul 2013

The Bank of New York Mellon, London Branch, as trustee for bondholders, filed a winding up petition under Section 433(e) of the Companies Act, 1956 ag...

Supreme Court

Supreme Court Allows SEBI's Appeal Against Securities Appellate Tribunal's Order Setting Aside Penalties for Fraudulent Diversion of Funds. The Court Held That Immediate Diversion of Preferential Allotment Proceeds from Disclosed Objects Constitutes Fraudulent and Unfair Trade Practices Under SEBI PFUTP Regulations, 2003, and Ratification Cannot Cure Such Violations.

17 Mar 2026

The dispute arose from Securities and Exchange Board of India's (SEBI) action against Terrascope Ventures Limited (formerly Moryo Industries Limited) ...

High Court

Bombay High Court Grants Interim Injunction Under Section 9 of Arbitration Act to Prevent Payment to Contractor Pending Arbitration — Share Subscription Agreement and Concession Agreement Form Composite Transaction

3 Aug 2015

The petitioner, Welspun Enterprises Limited, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking an interim injunc...

High Court

Bombay High Court Sanctions Scheme of Amalgamation Between Casby CFS Pvt. Ltd. and Casby Logistics Pvt. Ltd. Under Section 394 of Companies Act, 1956 — Restructuring of Casby Group Approved. Court found the scheme fair, reasonable, and not contrary to public interest, with no objections from Regional Director.

19 Mar 2015

The judgment concerns a petition filed by Casby CFS Pvt. Ltd. (Transferor) and Casby Logistics Pvt. Ltd. (Transferee) seeking sanction of a scheme of ...

High Court

Bombay High Court Allows Appeals in Trademark Infringement and Passing Off Case — Interim Injunction Set Aside Due to Lack of Prima Facie Case and Balance of Convenience. The court held that the plaintiff failed to establish a strong prima facie case for trademark infringement under the Trade Marks Act, 1999 as the mark was originally owned by the joint venture company and the assignment was disputed.

28 Jul 2011

The case involves two appeals against a common judgment and order dated 23.12.2004 passed by the learned Single Judge in Notice of Motion No.553 of 20...

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