Thursday, April 11, 2013

[aaykarbhavan] Fw: Pre-Print Highlights of CC from CLI, Vote on Account attached




----- Forwarded Message -----
From: "info@cliofindia.com" <info@cliofindia.com>
To: newsletter@cli.in
Sent: Thursday, 11 April 2013 9:49 AM
Subject: Pre-Print Highlights of CC from CLI

CLI
www.cliofindia.com
info@cliofindia.com

COMPANY CASES (CC) HIGHLIGHTS


ISSUE DATED 12-4-2013

Volume 177 Part 6


SUPREME COURT
ENGLISH CASES
CLB
SAT
DRAT
NEWS-BRIEFS


HIGH COURT JUDGMENTS




F Sanction of court for alteration of memorandum of association involves single window clearance and no separate procedure to be followed : Indiabulls Financial Services Ltd., In re (Delhi) p. 261

F Appeal from order of CLB only on question of law : Jer Rutton Kavasmaneck (alias Jer Jawahar Thadani) v. Gharda Chemicals Ltd. (Bom) p. 268

F CLB has no power to review order : Ad interim order in pending matter capable of being modified, vacated or varied at final disposal : Jer Rutton Kavasmaneck (alias Jer Jawahar Thadani) v. Gharda Chemicals Ltd. (Bom) p. 268

F Communication of order makes it effective, no requirement that order be pronounced in open court : Jer Rutton Kavasmaneck (alias Jer Jawahar Thadani) v. Gharda Chemicals Ltd. (Bom) p. 268

F Oppression must continue on date of filing petition u/ss. 397 and 398 of 1956 Act : Jer Rutton Kavasmaneck (alias Jer Jawahar Thadani) v. Gharda Chemicals Ltd. (Bom) p. 268

F Company obliged to convene meeting on receiving requisition from requisite number of members : Jer Rutton Kavasmaneck (alias Jer Jawahar Thadani) v. Gharda Chemicals Ltd. (Bom) p. 268

F Public company : Restriction on transfer of shares not permissible : Jer Rutton Kavasmaneck (alias Jer Jawahar Thadani) v. Gharda Chemicals Ltd. (Bom) p. 268

F Proxy voting by employee appointed by company to vote on behalf of shareholder, proper : Jer Rutton Kavasmaneck (alias Jer Jawahar Thadani) v. Gharda Chemicals Ltd. (Bom) p. 268



STATUTES AND NOTIFICATIONS




Circulars :

RBI Circulars :

F Foreign investment in India by SEBI registered FIIs in Government securities and corporate debt--RBI/2012-13/391, A. P. (DIR Series) Circular No. 80, dated 24th January, 2013 p. 275

SEBI Circulars :

F Guidelines for providing dedicated Debt Segment on Stock Exchanges-CIR/MRD/DP/03/2013, dated 24th January, 2013 p. 280

F Increase in FII debt limit for Government and Corporate Debt category-CIR/IMD/FIIC/3/2013, dated 8th February, 2013 p. 286

F Time period for initial offering and allotment of units of Mutual Fund Scheme eligible under Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS)-CIR/IMD/DF/02/2013, dated 6th February, 2013 p. 284

Regulations :

F Securities and Exchange Board of India (KYC (Know Your Client) Registration Agency) (Amendment) Regulations, 2013 p. 273


Notifications :

Recovery of Debts Due to Banks and Financial Institutions Act, 1993 :

Notification under section 8(2) :

F Amendments p. 279



JOURNAL




F Preference shareholders' rights to arrears of dividend--Dr. K. R. Chandratre p. 58

F Registration conundrum : SEBI powers against Credit Rating Agencies Regulations, 1999--Mohit Singh p. 53


COMPANY LAW INSTITUTE OF INDIA PVT. LTD.
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T.Nagar, Chennai - 600017.
Phone: (044) 24350752 - 55
Fax: (044) 24322015
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