| www.cliofindia.com info@cliofindia.com COMPANY CASES (CC) HIGHLIGHTS F Deviation from Accounting Standards permissible in scheme of amalgamation : Necessary disclosure to be made in transferee company's financial statement after sanction of scheme : Milestone Tradelinks P. Ltd. In re. (Guj) p. 337 F In scheme of amalgamation, authorised share capital can be clubbed and additional fee not required to be paid : Section 391 complete code in itself, no separate application under section 391 of 1956 Act necessary for change of name : Eye Foundation Ltd. v. Lasik Centre (India) P. Ltd. (Mad) p. 345 F Where transfer of shares after winding up order and transferor and transferee acting upon agreement and paying off secured creditors, prior permission of court not essential : Guptajee Charitable Trust v. Bharat Carpets Ltd. (Delhi) p. 354 F Provision stating transfer of shares not to be registered except on production of instrument of transfer not applicable in case of company under liquidation : Guptajee Charitable Trust v. Bharat Carpets Ltd. (Delhi) p. 354 F Where scheme providing for sacrifice of 80 per cent. of dues by unsecured creditors without producing consent, scheme not bona fide, sanction not granted : Madhu Fabrics Ltd. v. Regional Director (Guj) p. 368 F Order admitting winding up petition must be speaking order : Atlanta Pumps P. Ltd. v. Mrs. Kuna J. Majli (Karn) p. 393 F Winding up complete when assets disposed of and distributed among all concerned : A. Talukdar and Co. (Fertilisers) P. Ltd. v. Official Liquidator, High Court, Calcutta (Cal) p. 402 F Possession of premises by occupants coterminous with that of official liquidator : A. Talukdar and Co. (Fertilisers) P. Ltd. v. Official Liquidator, High Court, Calcutta (Cal) p. 402 F Parties to proceedings to be notified on clarification sought by third party : A. Talukdar and Co. (Fertilisers) P. Ltd. v. Official Liquidator, High Court, Calcutta (Cal) p. 402 STATUTES AND NOTIFICATIONS | Circulars : SEBI Circulars : F Requirement of Base Minimum Capital for Stock Broker and Trading Member-CIR/MRD/DRMNP/36/2012, dated 19th December, 2012 p. 177 Ordinance : F Securities and Exchange Board of India (Amendment) Ordinance, 2013 p. 179 Regulations : F Foreign Exchange Management (Borrowing and Lending in Rupees) (Amendment) Regulations, 2012 p. 182 F Foreign Exchange Management (Deposit) (Second Amendment) Regulations, 2012 p. 180 F Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2012 p. 184 F Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Fourth Amendment) Regulations, 2012 p. 187 F Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Fifth Amendment) Regulations, 2012 p. 185 F Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Seventh Amendment) Regulations, 2012p. 186 Rules : F Companies Director Identification Number (Third Amendment) Rules, 2012 p. 191 Notifications : Foreign Exchange Management Act, 1999 : Notification under section 3 : F Receipt from, and Payment to, a Person Resident Outside India p. 181 COMPANY LAW INSTITUTE OF INDIA PVT. LTD. No. 2, Vaithyaram Street, T.Nagar, Chennai - 600017. Phone: (044) 24350752 - 55 Fax: (044) 24322015 info@cliofindia.com | To Unsubscribe : Reply back with "Unsubscribe" in subject followed by the key word "ITR" or "CC" or "VST" or "CCD" or "GSTR" or "ITR (Trib)", respectively or "All" if you do not want any Email. ITR : Income Tax Reports, CC : Company Cases, VST : VAT and Service Tax Cases, CCD : Consolidated Commercial Digest, GSTR : Goods and Service Tax Reports, ITR (Trib) : ITR'S Tribunal Tax Reports. Also send your feedback or comments to info@cliofindia.com |
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