Case Laws

Amalgamation – Fixing Of Appointment Date And Effective Date

Parties to the Case: Equitas Micro Finance Limited & Equitas Housing Finance Ltd. (“Transferor Companies”) Equitas Finance Ltd. (“Transferee Company”) Dates in a scheme of Amalgamation: A typical scheme of amalgamation provides for two dates, viz., ‘Appointed Date’ and the ‘Effective Date’. The Effective Date would be the date on which the scheme is sanctioned …

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Competition Commission Of India – Order Under Section 26(2) Of Competition Act, 2002

I. Parties to the Case: Informant 1:                Actuate Business Consulting Private Limited Informant 2:                Abha Kathuria Kohli (Daughter of Mr. Narendra Nath Kathuria, MD of Informant 1) AND Opposite Party:           Ambika Trading & Construction Private Limited. II. Gist of the relevant provisions of the Act noted in the Case: Section 4: Abuse of …

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Jayanand Jayant Salgaonkar vs. Jayashree Jayant Salgaonkar & others

Plaintiff/ Applicant: JAYANAND JAYANT SALGAONKAR Defendants: JAYASHREE JAYANT SALGAONKAR JAYRAJ JAYANT SALGAONKAR JAYENDRA JAYANT SALGAONKAR BHARTI SALGAONKAR SHAKTI YEZDANI LALITA LAXMI SALGAONKAR SEEMA SALGAONKAR SAMARTH SALGAONKAR SIDDHI SALGAONKAR JAY GANESH NYAS TRUST  Facts of the case: This case is an action for administration of the estate of the deceased Jayant Shivram Salgaonkar. The deceased had …

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION (L) NO. 434 OF 2015 IN SUIT (L) NO. 146 Of 2015

Sridhar Sundararajan – Plaintiff Vs. Ultramarine & Pigments Limited – Defendant-1 and Rangaswamy Sampath – Defendant- 2 The Notice of Motion seeks an order against the 2nd Defendant from functioning or continuing to exercise his powers as Chairman and Managing Director of the 1st Defendant-Company. Facts: The 1st Defendant is a public limited listed Company. …

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Hindustan Lever & another Vs. State of Maharashtra & another

Facts of the case: Tata Oil Mills Co. Ltd amalgamated with Hindustan Lever Ltd [HLL] under a scheme of amalgamation, which was sanctioned by the Court. On presentation of the certified copy of the Court’s order the Registrar of Companies, Maharashtra issued a certificate of amalgamating of the two companies. The authorities under the Bombay …

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IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO.4354 of 2003

The Stock Exchange, Bombay …….Appellant Versus V.S. Kandalgaonkar & Ors. ..….Respondents 1. BACKGROUND OF THE CASE: The case pertains to the Income Tax Authorities’ right to recover its dues from the defaulting members of the Stock Exchange, by claiming over the amount realized by the stock exchange through auction of the membership card of such …

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