Rulings
CLB: ‘Deposit’ in Balance Sheet not ‘deposit’, compliance of Co. Law conditions mandatory
CLB: Directs members’ register rectification, rejects ‘change of control’ defense, terms ‘non-registration’ as arbitrary
CLB: Allows oppression/mismanagement petition, rejects forum shopping allegation, grants interim relief
HC: ‘Handwritten MoU’ unenforceable, outside CLB’s power to grant specific performance of contract
HC: Ousts CLB jurisdiction to order fresh share-valuation when final adjudication already done
CLB: Enforces business separation agreement; MD ‘elbowing out’ equal-stake partner violates Contract Act
HC: Creditor DBS Bank gets interim relief in winding-up proceedings, ‘relief undertaking’ defence rejected
CLB: Quashes rectification petition filed by ex-directors, relies on prima-facie evidence approving share transfer
CLB: Decision of purchasing asset ‘commercial’, majority to decide funding mode, rejects application
HC: Dismisses CLB ‘perverse’ order holding respondent co. as ‘quasi-partnership’, without application of mind
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