Rulings
SC: Company Court authorized to evict occupants for occupying company’s property post-revival
NCLT: Allows compounding application despite RoC initiating criminal proceedings over woman director non-appointment
NCLT: Rejects prospective shareholder’s impleadment application in oppression/mismanagement petition
HC: Civil Court appropriate forum for examining complicated facts in share-transfer under Cos. Act, 2013
NCLT: Imposes compounding fees on company/officers for granting loan to WOS without prior-board approval
NCLT: Levies compounding fees on company/directors for making donations beyond limits without shareholders’ sanction
NCLT: Imposes compounding fees on company/subscribers for delay in depositing subscription money, issuing share certificates
NCLT: Allows Co. to align its FY with holding co. for facilitating reporting symmetry
HC: Sec.397/398 ‘complete code’ for granting relief; Arbitration application can’t oust CLB jurisdiction
HC: Loan re-payment under winding-up ‘threat’ doesn’t alter ‘disputed’ status; Dismisses ex-director’s petition