Essar Shipping Ports and Logistics Ltd., In re
Amalgamation of foreign company with Indian company-Scheme not violative of any legal provisions-The high court noted that the transferor company was situated at Mauritius and the relevant provisions applicable to the scheme of compromise or arran [LexDoc Id : 364976]
Bank of India vs OL
Winding up: Issue of recovery certificate-Sale of companys assets-The applicant-bank, a secured creditor of the assets of the company in liquidation, sought for a direction to forthwith remit the sale proceeds of the [LexDoc Id : 392712]
Kotak Mahindra Bank Ltd. vs OL, APS Star Industries Ltd. and Ors.
Recovery of loan: Transfer of NPAs-Consideration received for transfer not recovery of outstanding loan-Recovery of a loan could only be from the borrower. The transaction in essence was transfer of non-performing assets and, thus, the consideration rece [LexDoc Id : 377261]