Sudhir Kumar Ltd. vs Winsome Textile Industries Ltd. and Ors.
Winding up: Applications seeking stay of winding up order and order permitting sale of assets of company in liquidation-No sufficient cause for non-appearance on any of the dates fixed in winding up petition, Similar applications filed by brothers of applicant dismissed earlier, Applications lacking bona fides, Applications dismissed-A winding up petition was filed against the first respondent-company. The company appeared before the company court through an advocate on the basis o [LexDoc Id : 410953]
Anirudh Singh Katoch vs UOI and Ors.
Import of firearms: Detention-Duty free import of firearms impermissible, Import permissible only against import licence issued by DGFT to renowned shooters or rifle clubs for their own use-Three firearms brought by the appellant from abroad were detained on the ground that only one firearm was permitted under the Transfer of Residence Ru [LexDoc Id : 386658]
SC
2010
Naresh K. Aggarwala and Co. vs Canbank Financial Services Ltd. and Anr.
Power of Central Government to prohibit contracts in certain cases-Failure to discharge burden of proving incompleteness of contract-The appellant, a stock broker had prayed for a decree against the first respondent in respect of net amount payable arising out of two sets of transac [LexDoc Id : 386554]
Eureka Forbes Ltd. vs Allahabad Bank and Ors.
Recovery of Debts Due to Banks and Financial Institutions Act 1993-Obligation on banks to ensure a proper and expeditious recovery of its dues-The scheme of Recovery of Debts Due to Banks and Financial Institutions Act 1993 and language of its various provisions imposed an obligation upon the [LexDoc Id : 386484]