Rulings
HC: Share transfer pursuant to Sec. 391-394 scheme to be reckoned for oppression/mismanagement petition
HC: Allows pvt co’s name restoration despite annual filing default for 14 years
SC: Despite time-barring, grants stamp-duty refund on Court cancelled transaction; Applies ‘equity’ principle
CLB: Upholds Sec. 398 invocation against Birla Corporation & Trust for fund-diversion, protects employees’ interest
HC: Admits winding-up petition by ICICI Bank’s Mumbai branch, though transaction with Hong Kong branch
HC: Quashes summons against ex-directors for not filing statement of affairs, accepts ‘reasonable excuse’
CLB: Suspends joint-development agreement executed by common director for diverting business, appoints administrator
HC: Rejects ‘dormant directors’ plea to quash summon order for cheque bouncing offence
HC: Director remuneration not ‘office of profit’; Interprets ‘exclusive employment’, quashes MCA order
HC: Orders re-visiting of “illogical, absurd” merger swap-ratio; Upholds Regional Director’s objection
Pages
