Wednesday, September 16, 2015

[aaykarbhavan] Judgments and Infomration , C L I Company Cases



CLI
www.cliofindia.com
info@cliofindia.com

COMPANY CASES (CC) HIGHLIGHTS


ISSUE DATED 18-9-2015

Volume 192 Part 3


SUPREME COURT
ENGLISH CASES
SAT
DRAT
NEWS-BRIEFS


HIGH COURT JUDGMENTS


F Where no outflow of funds or assets or reduction in amount payable to creditors, procedure stipulated in section 101(2) and (3) of 1956 Act for settlement of list of creditors not to apply : Prashanth Textiles P. Ltd., In re (Mad) p. 184

F Where creditor stating dues paid, company's application for winding up to be considered and prosecution was to be stayed : Reliant Marketing and Services P. Ltd. v. Registrar of Companies (Ker) p. 188

F Where agreement in ordinary business and in interest of company and not invalid transfer during pendency of pledge, transactions bona fide : Garware Marine Industries Ltd., In re (Bom) p. 204

F Where refusal by creditor to accept amount offered by company unless delayed payment charges paid, petition for winding up dismissed : Nakshatra Steel Sales and Services Ltd. v. Radlay Metal Products P. Ltd. (Delhi) p. 216





COMPANY LAW BOARD ORDERS


F Shareholder participating in AGM and losing in election cannot challenge validity of meeting before CLB : Kaleidoscope Travel Consultants P. Ltd. v. Travel Agents Association of India (TAAI) p. 190

F Section 166(2) does not apply to section 25 company of 1956 Act : Kaleidoscope Travel Consultants P. Ltd. v. Travel Agents Association of India (TAAI) p. 190




STATUTES AND NOTIFICATIONS


F Bills :
Indian Trusts (Amendment) Bill, 2015 p. 2

F Circulars :
General Circulars :
Circular No. 12 of 2015, dated 1st September, 2015-Extension of time for filing of cost audit report to the Central Government for the financial year 2014-15 in Form CRA-4-Regarding p. 1

F Regulations :
Securities and Exchange Board of India (Delisting of Equity Shares) (Second Amendment) Regulations, 2015 p. 4

Securities and Exchange Board of India (Issue and Listing of Debt Securities by Municipalities) Regulations, 2015 p. 5

Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2015 p. 3








JOURNAL


F Equity crowdfunding regulation in India-Tricky balance between capital formation and investor protection-Subhashree Pani and A. Rishi p. 69

F Indian Takeover Code and City Code on Takeovers and Mergers : A comparative analysis-Arbaaz Hussain and Gautam Mohanty p. 81




COMPANY LAW INSTITUTE OF INDIA PVT. LTD.
No. 2, Vaithyaram Street,
T.Nagar, Chennai - 600017.
Phone: (044) 24350752 - 55
Fax: (0


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Posted by: Dipak Shah <djshah1944@yahoo.com>


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