[aaykarbhavan] Fw: Pre-Print Highlights of CC from CLI

On Friday, 17 January 2014 3:45 PM, "info@cliofindia.com" <info@cliofindia.com> wrote:

Rs. 1,530/- Paper Bound Edition (Two Volumes)

www.cliofindia.com info@cliofindia.com COMPANY CASES (CC) HIGHLIGHTS ISSUE DATED 17-1-2014 Volume 182 Part 3 SUPREME COURT HIGH COURTS ENGLISH CASES CLB SAT DRAT STATUTES JOURNAL NEWS-BRIEFS HIGH COURT JUDGMENTS F Reference to BIFR made four years after erosion of net worth and finding of BIFR on question of delay remaining unchallenged, writ petition dismissed : Vysali Pharmaceuticals Ltd. v. Appellate Authority for Industrial and Financial Reconstruction (Delhi) p. 172 F Winding up : Company cannot be permitted to pick and choose creditors for payment : China Trust Commercial Bank v. Liliput Kidswear Ltd. (Delhi) p. 175 F Statutory notice need only indicate claim and its basis therefor : Where insurance policies given as securities not sufficient to cover debts : Corporation Bank v. Vikash Metal and Power Ltd. (Cal) p. 226 F Provisions of RDDBFI Act, 1993 or SARFAESI Act, 2002 empowering banks to recover dues not bar to apply for seeking winding up of company : Vikash Metal and Power Ltd. v. Corporation Bank (Cal) p. 232 COMPANY LAW BOARD ORDERS F Limitation not applicable to section 397/398 proceedings : Doctrine of delay and laches applies : Mrs. Suhasini P. Kurkure v. Mettallurgical Laboratories P. Ltd. p. 207 F Two petitions by two different petitioners on same cause of action for same relief not maintainable on account of non-joinder of parties : Mrs. Suhasini P. Kurkure v. Mettallurgical Laboratories P. Ltd. p. 207 F Legal representatives of deceased member eligible to maintain petition u/s 397/398 : Mrs. Suhasini P. Kurkure v. Mettallurgical Laboratories P. Ltd. p. 207 F Where oppression not made out, petitioner permitted to exit company on receipt of fair value for her shares : Mrs. Suhasini P. Kurkure v. Mettallurgical Laboratories P. Ltd. p. 207 STATUTES AND NOTIFICATIONS F Press Notes/Releases : Meeting of the India Russia working group on priority investment projects and Working Group on Modernization and Industrial Co-operation P. 47 Press Note No. 5 (2013 Series)-Review of the policy on foreign direct investment in the Multi-Brand Retail Trading Sector-Amendment of paragraph 6.2.16.5(iii), (iv) and (vi) of Circular 1 of 2013-Consolidated FDI Policy P. 37 Press Note No. 6 (2013 Series)-Review of the policy on Foreign Direct Investment (FDI)-Caps and routes in various sectors P. 40 JOURNAL F SEBI's action plan for foreign portfolio investments-Anshuman Vikram Singh and Seema Rajput P. 36 F Securities and Exchange Board of India Act, 1992 : A need to re-design the qualifications of the chairperson ?-Vishal Mishra and Payal Puri P. 42 F The right of inspection of register of members-Dr. K. Chandratre P. 33 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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