On Friday, 21 March 2014 5:10 AM, "info@cliofindia.com" <info@cliofindia.com> wrote:
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COMPANY CASES (CC) HIGHLIGHTS
F Where company facing difficulties to revive its operations, publication of citation and appointment of liquidator deferred to enable company to reach compromise : Tata Capital Financial Services Ltd. v. Clutch Auto Ltd. (No. 1) (Delhi) p. 161
F Where company not taking any action within time stipulated, publication of citation ordered : Tata Capital Financial Services Ltd. v. Clutch Auto Ltd. (No. 2) (Delhi) p. 164
F Where amendments not changing basic nature and character of petition or travelling beyond scope of order of remand, amendments permitted : Bhupinder Rai v. S. M. Kannappa Automobiles P. Ltd. (Karn) p. 207
F Procedure for caveat : Failure to provide notice under section 148A of 1908 Code does not nullify order : R. P. Khosla v. Company Law Board (No. 1) (Delhi) p. 220
F CLB has adequate discretion under regulation 44 to deal with caveat applications, no need to frame separate petition : R. P. Khosla v. Company Law Board (No. 2) (Delhi) p. 227
F Lodging of caveat only entitles caveator to bring to notice of court htat such caveat is lodged : R. P. Khosla v. Company Law Board (No. 2) (Delhi) p. 227
F Merely because alternate remedy involves additional steps to be taken does not render remedy ineffective : R. P. Khosla v. Company Law Board (No. 2) (Delhi) p. 227
F Where cause of action not arising in State of Kerala, petition challenging order of Regional Director not maintainable before Kerala High Court : Asten Mather Realtors P. Ltd. v. Mather and Co. P. Ltd. (Ker) p. 240
F Amendment of petition : Order of remand of High Court to be complied with in strict terms, leaving no scope for any interpretation to suit convenience of petitioners : Bhupinder Rai v. S. M. Kannappa Automobiles P. Ltd. p. 177
F Circulars :
SEBI Circulars :
CIR/CFD/DIL/15/2013, dated 3rd December, 2013-Illustrative format of statement of assets and liabilities in SEBI (ICDR) Regulations, 2009 P. 52
CIR/CFD/POLICY CELL/14/2013, dated 29th November, 2013-SEBI Circulars Nos. CIR/CFD/DIL/3/2013, dated January 17, 2013 and CIR/CFD/DIL/7/2013, dated May 13, 2013-Extension of time line for alignment P. 50
CIR/IMD/FIIC/21/2013, dated 19th December, 2013-Declaration and undertaking regarding PCC, MCV or equivalent structure by FIIs P. 64
CIR/MIRSD/12/2013, dated 4th December, 2013-Simplification of demat account opening process P. 54
CIR/MRD/DP/36/2013, dated 16th December, 2013-Establishment of connectivity with both depositories NSDL and CDSL-Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement P. 59
CIR/MRD/DP/38/2013, dated 19th December, 2013-Rationalisation of periodic call auction for illiquid scrips P. 61
CIR/MRD/DRMNP/37/2013, dated 19th December, 2013-Deposit requirements for members of the debt segment P. 63
F Analysis of Chapter III (Prospectus and Allotment of Securities) of the Companies Act, 2013-Garima Srivastava P. 21
F Sale and transfer of an undertaking : Analysis of Companies Act, 2013-Anshuman Vikram Singh P. 29
F Section 446 of the Companies Act, 1956 : "Must watch" company court-Vishal Mishra P. 17
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