Satellite Television Asian Region Ltd. vs Kunvar Ajay Desiner Saree (P) Ltd.
Winding up: Inability to pay debts-Pendency of criminal complaints against, Company-The respondent had entered into two agreements with the second petitioner for booking of commercial slots for telecasting its products on the channels [LexDoc Id : 359262]
HC (Gujarat)
2008
Khoday Distilleries Ltd. vs CIT and Anr.
Deemed Gift-Allotment of right shares, allotment of bonus shares-AY 1987-88. The assessee company had 27 shareholders. It gave option to all of them to subscribe to right shares. Out of 27 shareholders, 20 did not s [LexDoc Id : 350122]
New India Coal Corpn. vs Millennium Forging (P) Ltd.
Winding up: Inability to pay debts-Mere acceptance of letters or accounts: Debt bona fide disputed-Mere acceptance of letters or accounts could not be treated as acknowledgement or as acceptance of the contents of accounts. In a petition filed for w [LexDoc Id : 359263]
HC (Gujarat)
2008
M. Rajendra Naidu vs Sterling Holiday Resorts India Ltd. and Ors.
Investigation of companys affairs in other cases-Report filed by inspector(s) only a preliminary report-The high court stated that even if an order was made under s.237 of the Companies Act 1956, the inspector(s) appointed were empowered to carry on the [LexDoc Id : 359973]
Jagdev Prasad Bajaj and Ors. vs Tirrihannah Co. Ltd.
Winding up: Circumstances in which company might be wound up-Statutory notice issued to old management-The high court noted that the statutory notice dated August 2007 was issued during the tenure of the old management and no reply was given thereto. Th [LexDoc Id : 359972]
HC (Calcutta)
2008
Shivarpan Engineering (P) Ltd. vs OL
Sale of land belonging to company in liquidation-Possession handed over, Official liquidator not executing conveyance-The high court observed that by an order directing issuance of notice in the newspapers inviting persons interested in the suit land and an order disp [LexDoc Id : 355399]
Vijay Kumar Chopra and Ors. vs Sudarshan Chopra and Ors.
Schedule for implementation of composite proposal-Cut off date for segregation and separation of parties-The high court noted that in terms of the clauses of the schedule for implementation of the composite proposal, the cut off date for separation and se [LexDoc Id : 355960]
Hariganga Alloys Steel Ltd. (In Liquidation), In re
Dividend due to deceased worker-Production of succession certificate-Applications seeking directions to the Official Liquidator to pay the amount of dividends due to the legal heirs of the deceased without production of [LexDoc Id : 376988]
Hanu Motel (P) Ltd. and Anr. vs Uttar Pradesh Financial Corpn. Ltd. and Anr.
Recovery sought by the corporation-Appeal against dismissal of suit alleging commission of fraud-The Supreme Court, in a suit for declaration that the recovery sought by the corporation was barred by time and in an appeal against dismissal of suit [LexDoc Id : 348716]