Rulings
HC: Interprets Cos. Act. 2013; Director turning 70 yrs not to attract automatic “mid-stream” disqualification
CLB: Dismisses mala-fide oppression & mismanagement petition filed after 15-years of stoic silence
HC: Sets aside CLB order to rectify members’ register, absent natural justice principles compliance
SC: Lays down law on impleading Court / Tribunal as ‘party’ while deciding writs
CLB: Ex-employee’s irrelevant mismanagement petition ‘abuse of law’, imposes heavy costs
CLB: Dismisses frivolous impleadment application of family member sans any locus over shares
HC: Rejects Govt’s objection to IDFC’s demerger-scheme over bonds transfer, capital gain liability
CLB: Confirms mismanagement of ‘sick’ company’s affairs but re-directs to BIFR for injunction
CLB: Distinguishes civil suit from Sec 397/398 petition; Rejects res judicata as issues ‘detachable’
CLB: Holds 98-years lease deed prejudicial, but precludes 1% shareholder from challenging share-allotment