Rulings
HC: Sanctions composite amalgamation scheme, upholds OL’s role in transferor company’s dissolution without winding-up
HC: Admits winding-up petition against IT-co. for failure to pay debt, despite sufficient opportunity
HC: Dismisses 397/398 petition filed with ulterior motive, equates respondents’ reward with risks taken, upholds CLB order
HC: Stamp duty ‘double jeopardy’ for RIL-RPL on amalgamation scheme sanctioned by different Courts
HC: Rejects Regional Director’s accounting related objections in subsidiaries & parent co. amalgamation
HC: Dismisses shareholder’s writ seeking injunction on RIL AGM, invokes corporate democracy principle
CLB: Director’s resignation sans board resolution not enforceable; Rejects ‘automatic cessation’ argument
CLB: Dehors “malice”, violation of shareholders agreement terms an arbitration matter, not oppression/mismanagement
HC: Can’t bring winding-up petition for pre-incorporation acts/omissions; Shareholders’ interest paramount
HC: Private agreement executed between parties unenforceable u/s 111A petition, upholds CLB order
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