Rulings
CLB: Ignominious attempt of sending Board Meeting notice through lesser known courier co. amounts to oppression
HC: Sanctions Tata Group Co’s capital reduction scheme, rejects ROC/minority shareholder’s objection of financial injury
HC: Director responsible for ante-dated cheques issued during tenure, resignation date irrelevant, dismisses writ
HC: Winding-up proceedings no bar to criminal proceedings for cheque-bouncing against liquidating co.
CLB: Directs exit of minority shareholders despite their fraudulent share-transfer, highlights ‘equity’ principles
CLB: Sick co. cannot take SICA’s shelter for time-extension of 2-decades old deposit-repayment
HC: State law without Presidential assent cannot override secured creditors’ charge in Co. winding-up
SC: Corrects HC’s grave error, puts ABG Shipyard directors in dock over cheque-bouncing
HC: Rejects arbitration route for disputes in petitioner co’s affairs, upholds Sec 397/398 course
CLB: Criminal-proceedings no bar to CLB-petition, however, on complicated facts directs Civil Court route
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