20th Century Finance Corpn. Ltd. vs UOI and Ors.
Oppression and mismanagement: Disputes between parties-Sponsorship agreement between parties having arbitration clause-The appellant had entered into a sponsorship agreement for listing of the shares of respondent and accordingly invested certain sum by purchasing its [LexDoc Id : 402945]
Manmohan Mitra vs Official Liquidator
Auction claim-Highest bidder-An auction claim was confirmed only after a month to the highest bidder, thereby giving time to the secured creditors to bring a buyer who would buy t [LexDoc Id : 283672]
Oil and Natural Gas Corpn. Ltd vs OL, of Ambica Mills Co. Ltd
Company in Liquidation-Decree holder, Priority in satisfaction of claims-The claims of secured creditors and workmen were processed first under s.529 and s.529A of the Companies Act 1956 as overriding preferential payments. [LexDoc Id : 298490]
SPIC Jel Engg. Construction Ltd. vs Gayatri Sugar Complex Ltd. and Anr.
Sick Industrial Company-Suspension of legal proceedings-The application for a decree and judgment for payment of the hundi amount filed by the petitioner company against the respondent company was dismissed [LexDoc Id : 298221]
UTI Bank Ltd. vs Shree Rama Multitech Ltd.
Winding-up petition-Discretion of Court-The existence of an alternative remedy could not always bar a petition for winding-up of a company and the Court could exercise its discretion in such [LexDoc Id : 281845]
Gujarat HC
2004
Jubilant Organosys Ltd. vs DCM Shriram Industries Ltd.
Winding up petition-Whether counter claim could be entertained in a winding up petition-A counter claim could be entertained in a winding up petition and if it was foun a genuine counter claim, it could form the basis of bona fide dispute [LexDoc Id : 295827]
HC (Delhi)
2004
Pearl Polymers Ltd. vs Directorate of Enforcement
Penalty under FERA 1973-Mismatch in the records of the importer and the bank-A penalty under s.8(3) and 8(4) of FERA 1973 levied on the appellant on the basis of mismatch of the amount recorded by him and the bank was set aside [LexDoc Id : 283669]
IFCI Ltd. and Ors. vs Sidco Leathers Ltd. and Anr.
Company in Liquidation-First charge on fixed assets -The appellants had first charge on the fixed assets of the company in liquidation as the appellants inspite of filing a mortgage suit submitted proof [LexDoc Id : 295416]
HC (Allahabad)
2004
Allianz Capital and Management Services Ltd., In re
Reduction of capital-Transfer of capital reserves-The form of minutes for proposed transfer of capital reserves to profit and loss account was to be approved and registered under s. 103(1)(b) of the C [LexDoc Id : 283664]
Catholic Centre vs Pilot Pen Co. (India) (P) Ltd.
Procedural assessment delays -No penalty on company-Interest payable on the delay of payment of wealth tax to the authorities due to time lost on account of adjudication of claims of the secured credito [LexDoc Id : 283670]
