Background : DLF Limited (hereinafter referred to as “DLF”) came out with an Initial Public Offer (“IPO”) in the year 2007 for issuance of 17,50,00,000 equity shares of Rs. 2 each at a price of Rs.525 per equity share aggregating to Rs.9187.5 crore. Order issued on 10th October, 2014. Facts of the case : With …
SEBI’s bars property giant DLF from Capital Markets Read More »
Infringement action can be maintained despite long delay in trademark use: Wockhardt Ltd v Remed Healthcare Pvt Ltd: In a recent order the Delhi High Court dealt with a dispute involving deceptively similar trademarks used in relation to pharmaceutical products. In Wockhardt Ltd v Remed Healthcare Pvt Ltd (25th April, 2014) a single-judge bench issued …
16th November, 2013 Employment contract has nothing to do with the market of providing outsourced legal solutions A case was filed with the Competition Commission of India by an ex-employee working with an organization providing Legal Outsourcing Services. According to the terms of the employment contract with the organization, a clause barred him from accepting employment …
HIGH COURT OF DELHI Zhuhai Hansen Technology Co. Ltd. v. Shilpi Cable Technologies Ltd. CO. PETITION No. 333 of 2012 MARCH 19, 2013 Excercising Winding up not possible if disputes between parties pending- Section 433(e) and 434 of the Companies Act, 1956 The Petitioner, Zhuhai Hansen Technology Co. Ltd., a company incorporated in People’s Republic of …
Zhuhai Hansen Technology Co. Ltd. v. Shilpi Cable Technologies Ltd. Read More »
CIVIL APPEAL NO. : 3880 of 2003 DECIDED ON : 29th April, 2014 RAJASTHAN R.S.S. & GINNING MILLS FED. LTD. …APPELLANT DY. COMMISSIONER OF INCOME TAX, JAIPUR. ….RESPONDENT MATTER : Income tax Act, 1961- Section 72- amalgamation of cooperative societies- whether carry forward of loss of the amalgamating societies is available to the amalgamated society- …
Decided on: May 8, 2014 Sections 391 & 394 of Companies Act, 1956 read with Section 110 of Companies Act, 2013 and SEBI Circular No. CIR/CFD/DIL/8/2013 dated May 21, 2013. Scheme of Amalgamation between M/s Wadala Commodities Limited and M/s Godrej Industries Limited (“Applicant Company”). Matter: For withdrawing the application for dispensing with an …
CIVIL APPEAL NO. 6041 OF 2013 Appellant Securities and Exchange Board of India Respondent Mb. Akshya Infrastructure Pvt. Ltd. Appeal was directed against the judgment and final order of Securities Appellate Tribunal, Mumbai (SAT) dated 19th June, 2013. The fundamental issue which arose in this appeal was whether an open offer voluntarily made through a …
Securities and Exchange Board of India Vs. Mb. Akshya Infrastructure Pvt. Ltd. Read More »
PETITION NO: 542/2012 DECIDED ON: 12-12-2013 CASE IN BRIEF: Section 433 & 434 Companies Act, 1956 – admitted debt – no improvements in settlement talks – whether the petition could be advertised – Held, Yes. Whether provisional liquidator to be appointed – Held, No. FACTS:The broad facts are that the petitioner financed the respondent company …
Tata Capital Financial Services Ltd vs. Clutch Auto Ltd Read More »
Co. Pet. No. 214/2012 Companies Act, 1956- sections 433 & 434 Petitioner(s) L & T FINANCE LTD…. V/S Respondent(s) NISSAN COPPER LTD…. Brief Facts: The Respondent Company availed loan facility to the tune of Rs 3 crore. The respondent Company did not made any payment to the Petitioner Company nor gave any response to the …
C/AO/225/2012 Decided on : 05/12/2013 Sections 10 and 293(a) of the Companies Act, 1956 read with section 9 of the Code of Civil Procedure, 1908- Appellant PATEL ISHWARBHAI BECHARDAS & 8….(s) Versus Respondent(s) ADD-LIFE PHARMA LTD THROUGH DIRECTOR CHANDRAKANT & 2…. Brief facts: Defendant Company selling land without following the provisions of section 293(a) -shareholders …
Patel Ishwarbhai Bechardas V Add-Life Pharma Ltd[Guj] Read More »
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