Rulings
HC: Quashes CLB’s unreasoned & unexplained order, directs to consider matter afresh
HC: Vacant board can’t entitle 23% shareholders to proclaim themselves “promoter-directors”; Procedural compliance mandatory
HC: SEBI not ‘necessary party’ in capital-reduction petition, Dismisses impleadment for SCRA non-compliance
HC: Sahara ruling doesn’t confer SEBI ‘locus’ to challenge Sec. 391-394 scheme; Accounting non-compliance immaterial
CLB: Common director signing joint development agreement sans disclosure a clear ‘conflict’/mismanagement
HC: Dividend payment vide ‘share gifting’ illegal; Strikes down Sec 391-394 scheme, upholds tax-objection
HC: Throws out disgruntled/dishonest ex-statutory auditor cum shareholder’s plea against co. merger
HC: Letter of undertaking to buy-back shares ‘concluded contract’; Upholds Single Judge order
HC: Rejects ‘non-existent’ Delaware co.’s attempt to enforce winding-up petition; Subsequent revival inconsequential
HC: Upholds FIR against Chennai-based IT co. for deposit non-repayment, confirms police jurisdiction
Pages
