Court No Case :- WRIT - C No of 2017

Size: px
Start display at page:

Download "Court No Case :- WRIT - C No of 2017"

Transcription

1 Court No Case :- WRIT - C No of 2017 Petitioner :- Deepak Singhania Respondent :- Union Of India And 9 Others Counsel for Petitioner :- Dinesh Kacker,Akash Chandra Maurya Counsel for Respondent :- A.S.G.I.,Chandan Sharma,Jeevan Kumar,Krishna Kant Tiwari,P.K.Sinha,Pranjal Mehrotra,R.V. Pandey,Satish Chaturvedi,Shashi Dhar Sahai,Siddharth Hon'ble Tarun Agarwala,J. Hon'ble Ajay Bhanot,J. The petitioner contends that he is a promoter, director and guarantor in M/s LML Limited, which is a company incorporated under the Companies Act, This company was declared "sick" under the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). The rehabilitation scheme was pending consideration before the Board constituted under the said Act and, during its pendency, the Act was abolished with effect from The repeal Act provided a saving clause, namely, that any action taken under the Act will not affect any right, privilege, obligation or liability that had already been acquired by the parties under the Act. It was contended that for implementation of the rehabilitation scheme various meetings were held with the financial institutions and the respondent- Bank agreed and sanctioned the repayment of the overdues. Such repayment schedule was subject to the sanction of the revival scheme by the Board for Industrial and Financial Reconstruction (BIFR). But before the scheme could be granted,

2 -2- the Act was abolished and the matter came to an end. One of the contentions raised by the petitioner is that the action of the respondents in sanctioning the repayment of the dues is binding upon them and such sanction is saved by Section 5 of the Repeal Act. For facility, Section 5 of the Repeal Act is extracted hereunder: "5. Savings. -- (1) The repeal by this Act of the repealed enactment shall not (a) affect any other enactment in which the repealed enactment has been applied, incorporated or referred to; (b) affect the previous operation of the repealed enactment or anything duly done or suffered thereunder; (c) affect any right, privilege, obligation or liability acquired, accrued or incurred under the repealed enactment; (d) affect any order made by the Board for sanction of the schemes; (e) affect the validity, invalidity, effect or consequences of anything already done or suffered, or any right, title, obligation or liability already acquired, accrued or incurred or any remedy or proceeding in respect thereof or any release or discharge of or from any debt, penalty, obligation, liability, claim or demand, or any indemnity already granted, or the proof of any past act or thing; (f) affect any penalty, forfeiture or punishment incurred in respect of any offence committed against the repealed enactment, affect any investigation, legal proceedings or remedy in respect of any such right, privilege, obligation, liability, penalty, forfeiture or punishment as aforesaid, and any such investigation, legal proceeding or remedy may be instituted, continued or enforced and may such privilege forfeiture or punishment may be imposed as if this Act had not been passed; (g) affect any principle or rule of law, or establishment jurisdiction, form or course of pleading, practice or procedure,

3 -3- or existing usage, custom, privilege, restriction, exemption, office or appointment, notwithstanding that the same respectively may have been in any manner affirmed or recognized or derived by, in, or from, the repealed enactment; (h) revive or restore any jurisdiction, office, custom, liability, right, title, privilege, restriction, exemption, usage, practice, procedure or other matter or thing not now existing or in force. (2) Save as otherwise provided in section 4 and in sub-section (1) of this section, the mention of particular matter in the said section and sub-section shall not be held to prejudice or affect the general application of section 6 of the General Clauses Act, 1897 (10 of 1897) with regard to the effect of repeal." It was contended that in view of the savings clause, the rights acquired or accrued and liabilities incurred during its operation would be binding and that the Repeal Act was to prevent the obliteration of a statute, inspite of its repeal to keep intact rights acquired or accrued liabilities incurred during its operation and permit continuance of institution of any legal proceedings or recourse to any remedy which may have been available before the repeal for enforcement of such rights and liabilities. In support of his contention, the learned counsel placed reliance upon a decision of the Supreme Court in Gammon India Ltd. Vs. Special Chief Secretary and others, 2006 (3) SCC 354. It was contended that by a letter dated 4th August, 2012 the respondent-banks had intimated that the appropriate authority of the bank has sanctioned/approved repayment of the debt as per the terms and conditions mentioned therein. It was contended that even though the scheme could not be sanctioned in the SICA proceedings, nonetheless, the arrangements entered between the petitioner and the respondent-banks are

4 -4- inter-se binding and is saved by the saving clause. The petitioner therefore, prayed that a writ of mandamus should be issued commanding the respondents to adhere to their respective settlement agreements. Having heard Sri M.M. Lahoti, Sri Dinesh Kacker along with Sri Akash Chandra Maurya, the learned counsel for the petitioner and Sri Satish Chaturvedi, Sri Pranjal Mehrotra, Sri P.K. Sinha, Sri Jeevan Kumar, Sri M.M. Agarwal, Sri K.K. Tiwari, Sri R.V. Pandey, Sri S.D. Sahai, Sri Chandan Sharma, the learned counsel for the respondents, we find that the company which has not been made a party in these proceedings has filed an application before the National Company Law Tribunal for initiating Corporate Insolvency Resolution Process under Section 10 of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the Code of 2016) and for public announcement of the initiation of Corporate Insolvency Resolution Process and to declare a moratorium in terms of Section 14 of the Code of The Court finds that the Tribunal by an order dated 30th May, 2017 has appointed a person as an Interim Resolution Professional and also also issued an order of moratorium under Section 14 of the Code of 2016 which will have effect from 30th May, 2017 till the completion of corporate insolvency resolution process or until the Tribunal approves the resolution plan under Section 31(1) of the Code of 2016 or passes an order for liquidation of the Corporate debtor under Section 33 of the Code of 2016.

5 -5- The company has already filed an application for initiation of corporate insolvency resolution under Section 10 of the Code of An Interim Resolution Professional has already been appointed. Claims will be submitted by the creditors before the Interim Resolution Professional. The resolution plan will be submitted and the same would be considered and appropriate orders would be passed under Section 31 by the Adjudicating Authority which shall be binding on the corporate debtor, its employees, members creditors, guarantors and other stakeholders involved in the resolution plan. The company is already placing its contention before the Interim Resolution Professional. It is always open to the petitioner, who is not only a Director in the company but is also a guarantor to stake his claim or object to the claim of the creditors before the appropriate forum under the Code of We are of the opinion that at the moment there is no lis which exists today to be adjudicated between the parties. The claim made by the petitioner for issuance of a writ in the nature of declaration cannot be invoked in a writ jurisidiction under article 226 of the Constitution nor the Court could exercise its discretionary jurisdiction at this stage, especially when the Court finds that proceedings have been invoked under the Code of 2016, which is a complete Code and substitutes the provisions of the SICA Act. The proceedings under the SICA Act, pending before the BIFR were to be transferred to the NCLT, in view of Section 252 of the Code of 2016 read with Schedule 8 of the said Code. The

6 -6- aforesaid proceedings are apparently pending before the NCLT. However, no authoritative finding can be recorded in this regard since the records of the NCLT are not before us and pleadings are inadequate. Further, the company has also not been impleaded as a party and has consequently not submitted its stand in the instant writ petition. As such the claim of the petitioner cannot be adjudicated at this stage in the instant writ petition. If the respondent-banks stake their claim for recovery of the amount, which is not as per the alleged agreement, it would be open to the petitioner to question the veracity of the claim of the secured creditors including the respondentbanks. It would be at that stage, the claim of the creditor would be considered in the light of the objection raised by the petitioner. This Court finds that such relief cannot be granted in exercise of equitable jurisdiction under Article 226 of the Constitution. For the reasons stated aforesaid, the writ petition fails and is dismissed. Order Date : Bhaskar (Ajay Bhanot, J.) (Tarun Agarwala, J.)

IN THE HIGH COURT OF DELHI AT NEW DELHI. W.P.(C) No.8693/2014. George. Versus. Advs. for UOI. HON BLE MR. JUSTICE RAJIV SAHAI ENDLAW

IN THE HIGH COURT OF DELHI AT NEW DELHI. W.P.(C) No.8693/2014. George. Versus. Advs. for UOI. HON BLE MR. JUSTICE RAJIV SAHAI ENDLAW IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 27th November, 2015 W.P.(C) No.8693/2014 HENNA GEORGE... Petitioner Through: Ms. Purti Marwaha, C.S. Chauhan, Mr. Arvind Kumar & Ms. Henna George.

More information

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO OF 2018 VERSUS V. RAMAKRISHNAN & ANR.

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO OF 2018 VERSUS V. RAMAKRISHNAN & ANR. REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 3595 OF 2018 STATE BANK OF INDIA APPELLANT VERSUS V. RAMAKRISHNAN & ANR. RESPONDENTS WITH CIVIL APPEAL NO. 4553 OF

More information

IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION. Company Appeal (AT) (Insolvency) No. 213 of 2017

IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION. Company Appeal (AT) (Insolvency) No. 213 of 2017 1 IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION (Arising out of Order dated 18 th September, 2017 passed by the Adjudicating Authority (National Company Law Tribunal), Chennai

More information

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO OF 2018 [ARISING OUT OF SLP(CIVIL) NO OF 2018] VERSUS

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO OF 2018 [ARISING OUT OF SLP(CIVIL) NO OF 2018] VERSUS REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 12023 OF 2018 [ARISING OUT OF SLP(CIVIL) NO.18598 OF 2018] JAIPUR METALS & ELECTRICALS EMPLOYEES ORGANIZATION THROUGH

More information

IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION. Company Appeal (AT) (Insolvency) No. 181 of 2017

IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION. Company Appeal (AT) (Insolvency) No. 181 of 2017 1 IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION (Arising out of Order dated 27 th July, 2017 passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai

More information

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 22 nd November, 2017 Pronounced on: 11 th December, 2017 POWER GRID CORPORATION

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 22 nd November, 2017 Pronounced on: 11 th December, 2017 POWER GRID CORPORATION $~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 22 nd November, 2017 Pronounced on: 11 th December, 2017 + O.M.P.(COMM.) 397/2016 POWER GRID CORPORATION OF INDIA LTD.... Petitioner Through

More information

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI. Company Appeal (AT) (Insolvency) No. 788 of 2018

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI. Company Appeal (AT) (Insolvency) No. 788 of 2018 NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI (Arising out of Order dated 10 th October, 2018 passed by the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, Kolkata, in C.P.

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI. SUBJECT : Sick Industrial Companies (Special Provisions) Act, 1985 W.P.(C) 1458/2008

IN THE HIGH COURT OF DELHI AT NEW DELHI. SUBJECT : Sick Industrial Companies (Special Provisions) Act, 1985 W.P.(C) 1458/2008 IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : Sick Industrial Companies (Special Provisions) Act, 1985 W.P.(C) 1458/2008 Date of Decision: 11th April, 2008 KOTAK MAHINDRA BANK LTD.... Through: Petitioner

More information

Company Appeal (AT) (Insolvency) No. 33 of Alongwith Company Appeal (AT) (Insolvency) No. 34 of 2017

Company Appeal (AT) (Insolvency) No. 33 of Alongwith Company Appeal (AT) (Insolvency) No. 34 of 2017 1 NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI COMPANY APPELLATE JURISDICTION Company Appeal (AT) (Insolvency) No. 33 of 2017 (arising out of Order dated 07.04.2017 passed by the National Company

More information

Opportunities in NCLT. P H Arvindh Pandian Senior Advocate

Opportunities in NCLT. P H Arvindh Pandian Senior Advocate Opportunities in NCLT P H Arvindh Pandian Senior Advocate 1 BUSINESS CONVENTIONS ARE IMPORTANT BECAUSE THEY DEMONSTRATE HOW MANY PEOPLE A COMPANY CAN OPERATE WITHOUT 2 Opportunities before NCLT for CS

More information

IN THE HIGH COURT OF DELHI CIVIL ORIGINAL JURISDICTION CONTEMPT PETITION (C) NO. OF 2017 IN Writ Petition (Civil) No.

IN THE HIGH COURT OF DELHI CIVIL ORIGINAL JURISDICTION CONTEMPT PETITION (C) NO. OF 2017 IN Writ Petition (Civil) No. IN THE HIGH COURT OF DELHI CIVIL ORIGINAL JURISDICTION CONTEMPT PETITION (C) NO. OF 2017 IN Writ Petition (Civil) No. 131/2013 AND IN THE MATTER OF: ASSOCIATION FOR DEMOCRATIC REFORMS AND ANR. PETITIONER

More information

THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) BILL, 2017

THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) BILL, 2017 1 AS PASSED BY LOK SABHA ON 29.12.2017 Bill No. 280-C of 2017 THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) BILL, 2017 A BILL to amend the Insolvency and Bankruptcy Code, 2016. BE it enacted by Parliament

More information

Impact of enforcement of the Insolvency and Bankruptcy Code, 2016 on the sections to the Companies Act, 2013

Impact of enforcement of the Insolvency and Bankruptcy Code, 2016 on the sections to the Companies Act, 2013 Impact of enforcement of the Insolvency and Bankruptcy Code, 2016 on the sections to the Companies Act, 2013 Section 245 to 255 of Insolvency and Bankruptcy Code, 2016 enlists the amendments, resulting

More information

IN THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH

IN THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH 1 IN THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH CP (IB) No.155/Chd/Hry/2018 In the matter of: Under Section 9 of IBC, 2016. M/s Hind Tradex Limited having its registered office at B-8/195,

More information

Tata Motors Ltd vs Pharmaceutical Products Of India... on 16 May, 2008

Tata Motors Ltd vs Pharmaceutical Products Of India... on 16 May, 2008 Supreme Court of India Author: S Sinha Bench: S.B. Sinha, Lokeshwar Singh Panta, Markandey Katju REPORTABLE IN THE SUPREME COURT OF IDNIA CIVIL APPELALTE JURISDICTION CIVIL APPEAL NO. 3640 OF 2008 (Arising

More information

THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS (AMENDMENT) ACT, 2004

THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS (AMENDMENT) ACT, 2004 ~ THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS (AMENDMENT) ACT, 2004 # NO. 30 OF 2004 $ [29th December, 2004.] + An Act to amend the Securitisation and Reconstruction of Financial Assets

More information

THE INSOLVENCY AND BANKRUPTCY CODE (SECOND AMENDMENT) BILL, 2018

THE INSOLVENCY AND BANKRUPTCY CODE (SECOND AMENDMENT) BILL, 2018 AS INTRODUCED IN LOK SABHA Bill No. 127 of 2018 31 of 2016. 5 THE INSOLVENCY AND BANKRUPTCY CODE (SECOND AMENDMENT) BILL, 2018 A BILL further to amend the Insolvency and Bankruptcy Code, 2016. BE it enacted

More information

MORATORIUM UNDER THE INSOLVENCY AND BANKRUPTCY CODE

MORATORIUM UNDER THE INSOLVENCY AND BANKRUPTCY CODE MORATORIUM UNDER THE INSOLVENCY AND BANKRUPTCY CODE RP Vats & Yashika Sarvaria VGC Law Firm The Insolvency and Bankruptcy Code (hereinafter I&B Code ) came into effect from 1 st December, 2016. It incorporates

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI

IN THE HIGH COURT OF DELHI AT NEW DELHI IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : Sections 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Ordinance (II) 2002 W.P.(C) 191/2008

More information

IN THE GAUHATI HIGH COURT

IN THE GAUHATI HIGH COURT IN THE GAUHATI HIGH COURT (THE HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) PRINCIPAL SEAT AT GUWAHATI (CIVIL REVISIONAL JURISDICTION) CRP No. 380 of 2014 M/S Shriram Transport Finance

More information

IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P. (L) No of 2013

IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P. (L) No of 2013 1 IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P. (L) No. 3455 of 2013 M/s. Bharat Coking Coal Limited, Dhanbad... Petitioner Versus Sri Arun Krishna Rao Hazare, Ex General Manager (HRD), Bharat Coking Coal

More information

A FORTNIGHTLY VAT/GST LAW REPORTER 2003 NTN 22) [ALLAHABAD HIGH COURT]

A FORTNIGHTLY VAT/GST LAW REPORTER 2003 NTN 22) [ALLAHABAD HIGH COURT] 2003 (Vol. 22) - 330 [ALLAHABAD HIGH COURT] Hon'ble R.B. Misra, J. Trade Tax Revision No. 677 of 2000 M/s Rotomac Electricals Private Limited, Noida vs. Trade Tax Tribunal and others Date of Decision :

More information

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI. Company Appeal (AT) (Insolvency) No. 137 of 2017

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI. Company Appeal (AT) (Insolvency) No. 137 of 2017 1 NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI [Arising out of Order dated 11 th July, 2017 passed by the Adjudicating Authority (National Company Law Tribunal), Chennai Bench, Chennai in Company

More information

IN THE HIGH COURT OF JHARKHAND AT RANCHI W. P. (C) No of 2013

IN THE HIGH COURT OF JHARKHAND AT RANCHI W. P. (C) No of 2013 IN THE HIGH COURT OF JHARKHAND AT RANCHI W. P. (C) No. 7504 of 2013 M/s Narayani Fuels Private Limited through its Director, Dhanbad Petitioner Versus 1. Punjab National Bank through its Chairman, New

More information

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI. Company Appeal (AT) (Insolvency) No. 112 of 2018

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI. Company Appeal (AT) (Insolvency) No. 112 of 2018 1 NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI (Arising out of Order dated 3 rd January, 2018 passed by the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, Kolkata in Company

More information

M A R C H The design of India s insolvency code

M A R C H The design of India s insolvency code M A R C H 2 0 1 9 The design of India s insolvency code SAMEER SHARMA, Ph.D, D. Litt 1 The Insolvency and Bankruptcy Code (IBC) of India is most likely to succeed because of its distinct design. The design

More information

Winding up. Tribunal. Voluntary (Now governed by the Insolvency and Bankruptcy Code)

Winding up. Tribunal. Voluntary (Now governed by the Insolvency and Bankruptcy Code) Winding up Tribunal (the provision relating to the inability to pay debts now covered by the Insolvency and Bankruptcy Code) Voluntary (Now governed by the Insolvency and Bankruptcy Code) JURISDICTION:

More information

11. To give effect to this guarantee, the IRBI may act as though the guarantors were the principal debtor to the IRBI. 6. The appellant sanctioned the

11. To give effect to this guarantee, the IRBI may act as though the guarantors were the principal debtor to the IRBI. 6. The appellant sanctioned the Hon'ble Judges: Dalveer Bhandari and H.L. Dattu, JJ. Dalveer Bhandari, J. IN THE SUPREME COURT OF INDIA Civil Appeal No. 4613 of 2000 Decided On: 18.08.2009 Industrial Investment Bank of India Ltd. Vs.

More information

IN THE HIGH COURT OF KARNATAKA, BENGALURU PRESENT THE HON'BLE MR. JUSTICE VINEET SARAN AND THE HON BLE MR. JUSTICE ARAVIND KUMAR C.S.T.A.NO.

IN THE HIGH COURT OF KARNATAKA, BENGALURU PRESENT THE HON'BLE MR. JUSTICE VINEET SARAN AND THE HON BLE MR. JUSTICE ARAVIND KUMAR C.S.T.A.NO. 1 R IN THE HIGH COURT OF KARNATAKA, BENGALURU DATED THIS THE 24 TH DAY OF JUNE, 2015 PRESENT THE HON'BLE MR. JUSTICE VINEET SARAN AND THE HON BLE MR. JUSTICE ARAVIND KUMAR C.S.T.A.NO.7/2014 BETWEEN: COMMISSIONER

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : PUBLIC PREMISES (EVICTION OF UNAUTHORIZED OCCUPANTS) ACT, Date of decision: 8th February, 2012

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : PUBLIC PREMISES (EVICTION OF UNAUTHORIZED OCCUPANTS) ACT, Date of decision: 8th February, 2012 IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : PUBLIC PREMISES (EVICTION OF UNAUTHORIZED OCCUPANTS) ACT, 1971 Date of decision: 8th February, 2012 WP(C) NO.11374/2006 OCEAN PLASTICS & FIBRES (P) LIMITED

More information

THE JAMMU AND KASHMIR (EXTENSION OF LAWS) ACT, 1956 ACT NO. 62 OF 1956

THE JAMMU AND KASHMIR (EXTENSION OF LAWS) ACT, 1956 ACT NO. 62 OF 1956 THE JAMMU AND KASHMIR (EXTENSION OF LAWS) ACT, 1956 ACT NO. 62 OF 1956 [25th September, 1956.] An Act to provide for the extension of certain laws to the State of Jammu and Kashmir. BE it enacted by Parliament

More information

BRITISH COLUMBIA UTILITIES COMMISSION. Rules for Gas Marketers

BRITISH COLUMBIA UTILITIES COMMISSION. Rules for Gas Marketers APPENDIX A To Order A-12-13 Page 1 of 3 BRITISH COLUMBIA UTILITIES COMMISSION Rules for Gas Marketers Section 71.1(1) of the Utilities Commission Act (Act) requires a person who is not a public utility

More information

Versus. 1. M/s Skyhigh Infraland Pvt.Ltd., SCO No.5, First Floor, HUDA Shopping Complex, Sector 8, Karnal

Versus. 1. M/s Skyhigh Infraland Pvt.Ltd., SCO No.5, First Floor, HUDA Shopping Complex, Sector 8, Karnal 1 In the National Company Law Tribunal Chandigarh Bench, Chandigarh (Exercising the powers of Adjudicating Authority under the Insolvency and Bankruptcy Code, 2016) In the matter of: Allahabad Bank, having

More information

Between the lines... Key Highlights. September, 2018

Between the lines... Key Highlights. September, 2018 Key Highlights New Delhi Mumbai Bengaluru Celebrating over 45 years of professional excellence I. Moratorium passed against the Corporate Debtor is not applicable to Personal Guarantor: Supreme Court decides

More information

SEYCHELLES LIMITED PARTNERSHIPS ACT, (as amended, 2011) ARRANGEMENT OF SECTIONS. Part I - Preliminary

SEYCHELLES LIMITED PARTNERSHIPS ACT, (as amended, 2011) ARRANGEMENT OF SECTIONS. Part I - Preliminary 1. Short title and commencement 2. Interpretation 3. Application of the Commercial Code Act SEYCHELLES LIMITED PARTNERSHIPS ACT, 2003 (as amended, 2011) ARRANGEMENT OF SECTIONS Part I - Preliminary Part

More information

CHAPTER 6:04 DEBTORS ACT ARRANGEMENT OF SECTIONS

CHAPTER 6:04 DEBTORS ACT ARRANGEMENT OF SECTIONS Debtors 3 CHAPTER 6:04 DEBTORS ACT ARRANGEMENT OF SECTIONS SECTION 1. Short title. 2. Interpretation. 3. (1) Abolition of imprisonment for debt. (2) Exceptions. 4. Committal of debtor to prison in 5. Saving

More information

IMPORTANT PRONOUNCEMENTS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 : ISSUE ANALYSIS

IMPORTANT PRONOUNCEMENTS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 : ISSUE ANALYSIS C.V.O. CA S NEWS & VIEWS VOL. 21 NO. 7 / JANUARY 2018 IMPORTANT PRONOUNCEMENTS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 : ISSUE ANALYSIS DISCLAIMER: This write up is the personal property of the

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI. Date of Decision : March 14, A.A. No.23/2007. Versus. Versus

IN THE HIGH COURT OF DELHI AT NEW DELHI. Date of Decision : March 14, A.A. No.23/2007. Versus. Versus IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : Arbitration and Conciliation Act, 1996 Date of Decision : March 14, 2008 A.A. No.23/2007 Sh. Rajesh Kumar Garg Through: Mr. B.P. Singh, Advocate... Petitioner

More information

THE KARNATAKA RELIEF UNDERTAKINGS (SPECIAL PROVISIONS) ACT, 1977

THE KARNATAKA RELIEF UNDERTAKINGS (SPECIAL PROVISIONS) ACT, 1977 THE KARNATAKA RELIEF UNDERTAKINGS (SPECIAL PROVISIONS) Statement of Object and Reasons Sections: ACT, 1977 ARRANGEMENT OF SECTIONS. 1. Short title, extent and commencement. 2. Definitions. 3. Declaration

More information

*IN THE HIGH COURT OF DELHI AT NEW DELHI

*IN THE HIGH COURT OF DELHI AT NEW DELHI *IN THE HIGH COURT OF DELHI AT NEW DELHI +CM Nos.7694-95/2010 (for restoration of CM No.266/2010 and for condonation of delay in applying for the same) in W.P.(C) 4165/2000 % Date of decision: 3 rd June,

More information

557. Hearing of proceedings otherwise than in public Power of court to order the return of assets which have been improperly transferred.

557. Hearing of proceedings otherwise than in public Power of court to order the return of assets which have been improperly transferred. 557. Hearing of proceedings otherwise than in public. 558. Power of court to order the return of assets which have been improperly transferred. 559. Reporting to Director of Corporate Enforcement of misconduct

More information

THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS (AMENDMENT) BILL, 2012

THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS (AMENDMENT) BILL, 2012 9 Bill No. 122-F of 2011 THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS (AMENDMENT) BILL, 2012 (AS PASSED BY THE HOUSES OF PARLIAMENT LOK SABHA ON 10TH DECEMBER, 2012 RAJYA SABHA ON 20TH

More information

KSR & Co Company Secretaries LLP PRACTISING COMPANY SECRETARIES & TRADE MARK AGENTS COIMBATORE & CHENNAI

KSR & Co Company Secretaries LLP PRACTISING COMPANY SECRETARIES & TRADE MARK AGENTS COIMBATORE & CHENNAI KSR & Co Company Secretaries LLP PRACTISING COMPANY SECRETARIES & TRADE MARK AGENTS COIMBATORE & CHENNAI Assuring Assuring Compliances Compliances & Solutions & Solutions Beyond Beyond Challenge Challenge

More information

IN THE HIGH COURT OF KARNATAKA DHARWAD BENCH DATED THIS THE 15 TH DAY OF DECEMBER, 2014 BEFORE THE HONOURABLE MR. JUSTICE ANAND BYRAREDDY

IN THE HIGH COURT OF KARNATAKA DHARWAD BENCH DATED THIS THE 15 TH DAY OF DECEMBER, 2014 BEFORE THE HONOURABLE MR. JUSTICE ANAND BYRAREDDY 1 IN THE HIGH COURT OF KARNATAKA DHARWAD BENCH DATED THIS THE 15 TH DAY OF DECEMBER, 2014 BEFORE THE HONOURABLE MR. JUSTICE ANAND BYRAREDDY WRIT PETITION No.24411/2005 (SC/ST) Between: Smt.Guthemma Kom

More information

THE SICK INDUSTIRAL COMPANIES (SPECIAL PROVISIONS) ACT, 1985 (1 of 1986)

THE SICK INDUSTIRAL COMPANIES (SPECIAL PROVISIONS) ACT, 1985 (1 of 1986) THE SICK INDUSTIRAL COMPANIES (SPECIAL PROVISIONS) ACT, 1985 (1 of 1986) [8 th January 1986] An Act to make, in the public interest, special provisions with a view to securing the timely detection of sick

More information

*IN THE HIGH COURT OF DELHI AT NEW DELHI. % Date of decision: 16 th February, Versus

*IN THE HIGH COURT OF DELHI AT NEW DELHI. % Date of decision: 16 th February, Versus *IN THE HIGH COURT OF DELHI AT NEW DELHI + CM(M) No.815/2007 % Date of decision: 16 th February, 2010 OIL AND NATURAL GAS CORPORATION LTD.... Petitioner Through: Mr. V.N. Kaura with Ms. Paramjit Benipal

More information

LIMITED PARTNERSHIP ACT

LIMITED PARTNERSHIP ACT ANGUILLA INTERIM REVISED STATUTES OF ANGUILLA 2000 CHAPTER 7 LIMITED PARTNERSHIP ACT Showing the Law as at 16 October 2000 Published by Authority Printed in The Attorney General s Chambers ANGUILLA Government

More information

THE DISPUTED ELECTIONS (PRIME MINISTER AND SPEAKER) ACT, 1977 ARRANGEMENT OF SECTIONS

THE DISPUTED ELECTIONS (PRIME MINISTER AND SPEAKER) ACT, 1977 ARRANGEMENT OF SECTIONS SECTIONS THE DISPUTED ELECTIONS (PRIME MINISTER AND SPEAKER) ACT, 1977 1. Short title and commencement. 2. Definitions. ARRANGEMENT OF SECTIONS CHAPTER I PRELIMINARY CHAPTER II AUTHORITIES FOR DISPUTED

More information

Global Restructuring & Insolvency Guide

Global Restructuring & Insolvency Guide Global Restructuring & Insolvency Guide Singapore Overview and Introduction Given the notable preference of creditors and stakeholders in companies for restructuring as opposed to liquidation, this chapter

More information

THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 ARRANGEMENT OF SECTIONS

THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 ARRANGEMENT OF SECTIONS THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 ARRANGEMENT OF SECTIONS SECTIONS 1. Short title, extent and commencement. 2. Definitions. CHAPTER

More information

IN THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM & ARUNACHAL PRADESH) CRP NO.6 OF 2017

IN THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM & ARUNACHAL PRADESH) CRP NO.6 OF 2017 IN THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM & ARUNACHAL PRADESH) CRP NO.6 OF 2017 1. SMTI. TETERI DEVI, Wife of Late Mohendra Harizon. 2. SHRI RAMANANDA HARIZON, Son of Late Mohendra

More information

2013 EDITION. Bankruptcy Act. [Editor s NOTE: This Act has been amended by Bankruptcy (Amendment) Act No 109 of 1992]

2013 EDITION. Bankruptcy Act. [Editor s NOTE: This Act has been amended by Bankruptcy (Amendment) Act No 109 of 1992] Bankruptcy Act [Editor s NOTE: This Act has been amended Bankruptcy (Amendment) Act No 109 of 1992] Arrangement of Rules Part I: Proceedings from Act of Bankruptcy to discharge Acts of Bankruptcy 1. Acts

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : SUIT FOR SPECIFIC PERFORMANCE

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : SUIT FOR SPECIFIC PERFORMANCE IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : SUIT FOR SPECIFIC PERFORMANCE LPA 776 OF 2012, CMs No. 19869/2012 (stay), 19870/2012 (additional documents), 19871/2012 (delay) Judgment Delivered on 29.11.2012

More information

IN THE HIGH COURT OF KARNATAKA, BENGALURU BEFORE. THE HON'BLE Dr.JUSTICE VINEET KOTHARI. CA No.969/2015 IN COP NO.84/2012 BETWEEN:

IN THE HIGH COURT OF KARNATAKA, BENGALURU BEFORE. THE HON'BLE Dr.JUSTICE VINEET KOTHARI. CA No.969/2015 IN COP NO.84/2012 BETWEEN: 1/5 R IN THE HIGH COURT OF KARNATAKA, BENGALURU DATED THIS THE 11 th DAY OF NOVEMBER, 2016 BEFORE THE HON'BLE Dr.JUSTICE VINEET KOTHARI CA No.969/2015 IN COP NO.84/2012 BETWEEN: RASHMI THAKERIA PROMOTER-SHAREHOLDER

More information

COMPARISON BETWEEN COMPANIES ACT, 2013 AND INSOLVENCY AND BANKRUPTCY ACT, 2016 W.R.T. WINDING UP

COMPARISON BETWEEN COMPANIES ACT, 2013 AND INSOLVENCY AND BANKRUPTCY ACT, 2016 W.R.T. WINDING UP An Open Access Journal from The Law Brigade (Publishing) Group 412 COMPARISON BETWEEN COMPANIES ACT, 2013 AND INSOLVENCY AND BANKRUPTCY ACT, 2016 W.R.T. WINDING UP Written by Nisha Dhillon, 5 th year B.Com,

More information

* IN THE HIGH COURT OF DELHI AT NEW DELHI. % Date of decision: 28 th January, W.P.(C) 9828/2015. Versus

* IN THE HIGH COURT OF DELHI AT NEW DELHI. % Date of decision: 28 th January, W.P.(C) 9828/2015. Versus * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of decision: 28 th January, 2016. + W.P.(C) 9828/2015 KOTAK MAHINDRA BANK LTD.... Petitioner Through: Mr. Sumit Bansal, Mr. Ateev Mathur, Ms. Richa Oberoi

More information

PERFORMANCE GUARANTEE OF CONSTRUCTION GUARANTOR. THE CREDIT VALLEY HOSPITAL, a non-share capital corporation incorporated under the laws of Ontario

PERFORMANCE GUARANTEE OF CONSTRUCTION GUARANTOR. THE CREDIT VALLEY HOSPITAL, a non-share capital corporation incorporated under the laws of Ontario PERFORMANCE GUARANTEE OF CONSTRUCTION GUARANTOR THIS GUARANTEE is made as of the 30 th day of May, 2008. BETWEEN: WHEREAS: THE CREDIT VALLEY HOSPITAL, a non-share capital corporation incorporated under

More information

Rumi Dhar vs State Of West Bengal & Anr on 8 April, 2009 REPORTABLE. State of West Bengal and another

Rumi Dhar vs State Of West Bengal & Anr on 8 April, 2009 REPORTABLE. State of West Bengal and another Supreme Court of India Author: S Sinha Bench: S.B. Sinha, Mukundakam Sharma REPORTABLE IN THE SUPREME COURT OF INDIA CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO. 661 OF 2009 (Arising out of SLP

More information

Winding up by court 568. Application of Chapter 569. Circumstances in which company may be wound up by the court

Winding up by court 568. Application of Chapter 569. Circumstances in which company may be wound up by the court PART 11 WINDING UP CHAPTER 1 Preliminary and interpretation 559. Interpretation (Part 11) 560. Restriction of this Part 561. Modes of winding up general statement as to position under Act 562. Types of

More information

Bankruptcy Act Chapter B2 Laws of the Federation of Nigeria Arrangement of Rules. Part I

Bankruptcy Act Chapter B2 Laws of the Federation of Nigeria Arrangement of Rules. Part I Bankruptcy Act Chapter B2 Laws of the Federation of Nigeria 2004 Arrangement of Rules Part I Proceedings from Act of Bankruptcy to discharge Acts of Bankruptcy 1. Acts of bankruptcy. 2. Bankruptcy notices.

More information

*IN THE HIGH COURT OF DELHI AT NEW DELHI. % Date of decision:1 st December, 2009 M/S ANSAL PROPERTIES & INFRASTRUCTURE. Versus

*IN THE HIGH COURT OF DELHI AT NEW DELHI. % Date of decision:1 st December, 2009 M/S ANSAL PROPERTIES & INFRASTRUCTURE. Versus *IN THE HIGH COURT OF DELHI AT NEW DELHI + CM(M) No.807/2008. % Date of decision:1 st December, 2009 M/S ANSAL PROPERTIES & INFRASTRUCTURE LTD & ANR. Petitioner Through: Mr Prem Kumar and Mr Sharad C.

More information

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI. Company Appeal (AT) (Insolvency) No. 297 of 2017

NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI. Company Appeal (AT) (Insolvency) No. 297 of 2017 NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI IN THE MATTER OF: Deltronix India Ltd. & Ors....Appellants Vs. Indiabulls Housing Finance Ltd....Respondent Present: For Appellants: - Mr. Nesar Abmad,

More information

GUARANTY OF PERFORMANCE AND COMPLETION

GUARANTY OF PERFORMANCE AND COMPLETION EXHIBIT C-1 GUARANTY OF PERFORMANCE AND COMPLETION This GUARANTY OF PERFORMANCE AND COMPLETION ( Guaranty ) is made as of, 200, by FLUOR CORPORATION, a Delaware corporation (the Guarantor ), to the VIRGINIA

More information

The Kerala Chitties Act, 1975

The Kerala Chitties Act, 1975 The Kerala Chitties Act, 1975 Act 23 of 1975 Keyword(s): Approved Bank, Chitty, Chitty Amount, Discount, Drawing, Foreman, Non- Prized, Prize-Amount, Special Resolution, Subscriber, Ticket, Variola, Veethapalisa

More information

* THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 1089/2013 & CM No.2073/2013. Versus

* THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 1089/2013 & CM No.2073/2013. Versus * THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 1089/2013 & CM No.2073/2013 SETU NIKET Versus Pronounced on: 19.11.2015... Petitioner Through: Ms. Esha Mazumdar, Adv. UNION OF INDIA & ORS... Respondents

More information

THE LIMITED LIABILITY PARTNERSHIP BILL, 2008

THE LIMITED LIABILITY PARTNERSHIP BILL, 2008 Bill No. XLVI of 2008 THE LIMITED LIABILITY PARTNERSHIP BILL, 2008 ARRANGEMENT OF CLAUSES CHAPTER I PRELIMINARY TO BE INTRODUCED IN THE RAJYA SABHA CLAUSES 1. Short title, extent and commencement. 2. Definitions.

More information

IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P.(C) No of 2014

IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P.(C) No of 2014 1 IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P.(C) No. 3482 of 2014 Balwinder Singh, son of late Bahadur Singh Nagi, Resident of Katras Road, PS Bank More, Dist. Dhanbad s/o Sardar Rawal Singh, R/o Gurunanakpur,

More information

IN THE HIGH COURT OF KARNATAKA AT BANGALORE BEFORE THE HON BLE MR.JUSTICE B.S.PATIL. W.P.Nos.50029/2013 & 51586/2013 (CS-RES)

IN THE HIGH COURT OF KARNATAKA AT BANGALORE BEFORE THE HON BLE MR.JUSTICE B.S.PATIL. W.P.Nos.50029/2013 & 51586/2013 (CS-RES) 1 IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 5 TH DAY OF APRIL, 2014 BEFORE THE HON BLE MR.JUSTICE B.S.PATIL W.P.Nos.50029/2013 & 51586/2013 (CS-RES) BETWEEN 1. SRI H RAGHAVENDRA RAO S/O

More information

IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION. Company Appeal (AT) (Insol.) No. 134 of 2017

IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION. Company Appeal (AT) (Insol.) No. 134 of 2017 1 IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL COMPANY APPELLATE JURISDICTION Company Appeal (AT) (Insol.) No. 134 of 2017 [Arising out of Order dated 25 th July, 2017 passed by the Adjudicating Authority

More information

N. Harihara Krishnan vs J. Thomas on 30 August, 2017 REPORTABLE. CRIMINAL APPEAL NO OF 2017 (Arising out of SLP(Crl.) No.

N. Harihara Krishnan vs J. Thomas on 30 August, 2017 REPORTABLE. CRIMINAL APPEAL NO OF 2017 (Arising out of SLP(Crl.) No. Supreme Court of India N. Harihara Krishnan vs J. Thomas on 30 August, 2017 Author: Chelameswar REPORTABLE IN THE SUPREME COURT OF INDIA CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO. 1534 OF 2017

More information

* IN THE HIGH COURT OF DELHI AT NEW DELHI. % Date of Decision: 23 rd December, ARB.P. 351/2015 and I.A. No.21099/2015.

* IN THE HIGH COURT OF DELHI AT NEW DELHI. % Date of Decision: 23 rd December, ARB.P. 351/2015 and I.A. No.21099/2015. * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 23 rd December, 2015 + ARB.P. 351/2015 and I.A. No.21099/2015 BETA INFRATECH PRIVATE LIMITED... Respondent Mr. Piyush Joshi, Ms. Uttara Babbar

More information

VIRGIN ISLANDS INSOLVENCY (TRANSITIONAL PROVISIONS) REGULATIONS, 2004 ARRANGEMENT OF REGULATIONS

VIRGIN ISLANDS INSOLVENCY (TRANSITIONAL PROVISIONS) REGULATIONS, 2004 ARRANGEMENT OF REGULATIONS VIRGIN ISLANDS INSOLVENCY (TRANSITIONAL PROVISIONS) REGULATIONS, 2004 ARRANGEMENT OF REGULATIONS Section 1. Citation and commencement. 2. Interpretation. 3. Creditors arrangements. 4. Receivers. 5. Liquidation

More information

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION. CIVIL APPEAL NO OF 2015 (Arising out of SLP(C) No of 2011) :Versus:

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION. CIVIL APPEAL NO OF 2015 (Arising out of SLP(C) No of 2011) :Versus: 1 REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 4043 OF 2015 (Arising out of SLP(C) No.10173 of 2011) Central Bank of India Appellant :Versus: C.L. Vimla & Ors.

More information

- versus - MAHAMEDHA URBAN COOPERATIVE BANK LTD. & ORS

- versus - MAHAMEDHA URBAN COOPERATIVE BANK LTD. & ORS IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : SUIT FOR DECLARATION Judgment Reserved on: 24th February, 2011 Judgment Pronounced on: 28th February, 2011 CS(OS) No. 2305/2010 SUSHMA SURI & ANR... Plaintiffs

More information

THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : ARBITRATION AND CONCILIATION ACT, 1996 Judgment delivered on:

THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : ARBITRATION AND CONCILIATION ACT, 1996 Judgment delivered on: THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : ARBITRATION AND CONCILIATION ACT, 1996 Judgment delivered on: 10.10.2013 OMP 234/2013 NSSL LIMITED...PETITIONER Vs HPCL-MITTAL ENERGY LIMITED & ANR....RESPONDENTS

More information

* IN THE HIGH COURT OF DELHI AT NEW DELHI. + ARB.A. 5/2015 & IA 2340/2015 (for stay) versus

* IN THE HIGH COURT OF DELHI AT NEW DELHI. + ARB.A. 5/2015 & IA 2340/2015 (for stay) versus * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.A. 5/2015 & IA 2340/2015 (for stay) Judgment reserved on February 05, 2015 Judgment delivered on February 13, 2015 M/S VARUN INDUSTRIES LTD & ORS... Appellants

More information

Financial Information

Financial Information Financial Information This form is used to provide financial information to establish credit with Pepco. Please send the completed executed form along with your remaining registration documents to: Company

More information

Bare Acts & Rules. Hello Good People! Free Downloadable Formats. LaLas

Bare Acts & Rules. Hello Good People! Free Downloadable Formats. LaLas Bare Acts & Rules Free Downloadable Formats Hello Good People! LaLas ACT 1 OF 2007 THE KERALA FARMERS' DEBT RELIEF COMMISSION ACT, 2006 An Act to provide relief to those farmers who are in distress due

More information

IN THE GAUHATI HIGH COURT (THE HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Co. Pet. 8/2015

IN THE GAUHATI HIGH COURT (THE HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Co. Pet. 8/2015 IN THE GAUHATI HIGH COURT (THE HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Co. Pet. 8/2015 Madhusudan Mandal, Residing at 35E Mahanirban Road, Ground Floor, Post Office- Gariahat, Kolkata-700029,

More information

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

IN THE HIGH COURT OF KARNATAKA AT BENGALURU IN THE HIGH COURT OF KARNATAKA AT BENGALURU R DATED THIS THE 13 TH DAY OF APRIL, 2015 BEFORE THE HON BLE MRS JUSTICE S SUJATHA Writ Petition No.37048/2013 (GM-CPC) BETWEEN: SMT. LAKSHMAMMA W/O LATE KRISHNAPPA

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : TRAI ACT, 1997 WP(C) 617/2013 & CM No.1167/2013 (interim relief) DATE OF ORDER :

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : TRAI ACT, 1997 WP(C) 617/2013 & CM No.1167/2013 (interim relief) DATE OF ORDER : IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : TRAI ACT, 1997 WP(C) 617/2013 & CM No.1167/2013 (interim relief) DATE OF ORDER : 13.03.2013 IDEA CELLULAR LIMITED & ANR....Petitioners Through: Mr. Maninder

More information

PARLIAMENT OF THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA ARBITRATION ACT NO. 11 OF 1995

PARLIAMENT OF THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA ARBITRATION ACT NO. 11 OF 1995 PARLIAMENT OF THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA ARBITRATION ACT NO. 11 OF 1995 (Certified on 30 th June-1995) Arbitration Act. No. 11 of 1995 1 (Certified on 30 th June-1995) L.D. O.10/93

More information

Number 2 of 2013 IRISH BANK RESOLUTION CORPORATION ACT 2013 ARRANGEMENT OF SECTIONS. 8. Limitation of power to grant injunctive relief.

Number 2 of 2013 IRISH BANK RESOLUTION CORPORATION ACT 2013 ARRANGEMENT OF SECTIONS. 8. Limitation of power to grant injunctive relief. Number 2 of 2013 IRISH BANK RESOLUTION CORPORATION ACT 2013 Section 1. Interpretation. ARRANGEMENT OF SECTIONS 2. Expenses of Minister. 3. Purposes of Act. 4. Special Liquidation Order. 5. Publication

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI. AA No.396/2007. Date of decision: December 3, Vs.

IN THE HIGH COURT OF DELHI AT NEW DELHI. AA No.396/2007. Date of decision: December 3, Vs. IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : Arbitration and Conciliation Act, 1996 AA No.396/2007 Date of decision: December 3, 2007 AKG Associates Through: Mr.Rajiv Kumar, Advocate....Petitioner

More information

Through: Versus. Through: 2. To be referred to the reporter or not? Yes. 3. Whether the judgment should be reported in the Digest?

Through: Versus. Through: 2. To be referred to the reporter or not? Yes. 3. Whether the judgment should be reported in the Digest? *IN THE HIGH COURT OF DELHI AT NEW DELHI + OMP No.552/2006 % Date of decision : 06.07.2009 Sh. Surender Pal Singh Through:. Petitioner Mr. Amit Bansal & Ms. Manisha Singh, Advocates for petitioner. Versus

More information

IN THE SUPREME COURT OF INDIA ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 20 OF Vs. DEVAS MULTIMEDIA P. LTD...

IN THE SUPREME COURT OF INDIA ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 20 OF Vs. DEVAS MULTIMEDIA P. LTD... 1 REPORTABLE IN THE SUPREME COURT OF INDIA ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 20 OF 2011 ANTRIX CORP. LTD....PETITIONER Vs. DEVAS MULTIMEDIA P. LTD....RESPONDENT J U D G M E N T ALTAMAS

More information

IN THE HIGH COURT OF KARNATAKA AT BANGALORE BEFORE THE HON BLE MR.JUSTICE ARAVIND KUMAR. C.A.NO. 190/2008 In Co.P. NO.167/1999

IN THE HIGH COURT OF KARNATAKA AT BANGALORE BEFORE THE HON BLE MR.JUSTICE ARAVIND KUMAR. C.A.NO. 190/2008 In Co.P. NO.167/1999 1 R IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 13 TH DAY OF JUNE, 2013 BEFORE THE HON BLE MR.JUSTICE ARAVIND KUMAR BETWEEN: C.A.NO. 190/2008 In Co.P. NO.167/1999 Official Liquidator of

More information

CHAPTER II INCORPORATION AND CAPITAL OF REGIONAL RURAL BANKS

CHAPTER II INCORPORATION AND CAPITAL OF REGIONAL RURAL BANKS CHAPTER I PRELIMINARY THE REGIONAL RURAL BANKS ACT, 1976 ACT NO. 21 OF 1976 [9th February, 1976.] An Act to provide for the incorporation, regulation and winding up of Regional Rural Banks with a view

More information

Executive Summary Case No 140 of 2017

Executive Summary Case No 140 of 2017 Executive Summary Case No 140 of 2017 BEFORE THE MAHARASHTRA ELECTRICITY REGULATORY COMMISSION CASE NO. 140 OF 2017 1. Reliance Infrastructure Limited 2. Reliance Electric Generation and Supply Limited..

More information

THE REGIONAL RURAL BANKS ACT, 1976 ARRANGEMENT OF SECTIONS

THE REGIONAL RURAL BANKS ACT, 1976 ARRANGEMENT OF SECTIONS SECTIONS 1. Short title, extent and commencement. 2. Definitions. THE REGIONAL RURAL BANKS ACT, 1976 ARRANGEMENT OF SECTIONS CHAPTER I PRELIMINARY CHAPTER II INCORPORATION AND CAPITAL OF REGIONAL RURAL

More information

KNOWLEDGE REPONERE. (A Weekly Bulletin) (06 to 10, 13 to 17 and 20 to 24 November, 2017)

KNOWLEDGE REPONERE. (A Weekly Bulletin) (06 to 10, 13 to 17 and 20 to 24 November, 2017) KNOWLEDGE REPONERE (A Weekly Bulletin) (06 to 10, 13 to 17 and 20 to 24 November, 2017) All rights reserved. No part of this Publication may be translated or copied in any form or by any means without

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : CODE OF CRIMINA PROCEDURE. CRL.REV.P. 523/2009 & Crl. M.A. No /2009(Stay)

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : CODE OF CRIMINA PROCEDURE. CRL.REV.P. 523/2009 & Crl. M.A. No /2009(Stay) IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : CODE OF CRIMINA PROCEDURE CRL.REV.P. 523/2009 & Crl. M.A. No. 10941/2009(Stay) Reserved on: 17th February, 2012 Decided on: 1st March, 2012 YASHPAL KUMAR

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI COMPANY JURISDICTION. CCP (Co.) No. 8 of 2008 COMPANY PETITION NO. 215 OF 2005

IN THE HIGH COURT OF DELHI AT NEW DELHI COMPANY JURISDICTION. CCP (Co.) No. 8 of 2008 COMPANY PETITION NO. 215 OF 2005 IN THE HIGH COURT OF DELHI AT NEW DELHI COMPANY JURISDICTION CCP (Co.) No. 8 of 2008 IN COMPANY PETITION NO. 215 OF 2005 Reserved on: 26-11-2010 Date of pronouncement : 18-01-2011 M/s Sanjay Cold Storage..Petitioner

More information

BANKRUPTCY ACT (CHAPTER 20)

BANKRUPTCY ACT (CHAPTER 20) BANKRUPTCY ACT (CHAPTER 20) Act 15 of 1995 1996REVISED EDITION Cap. 20 2000 REVISEDEDITION Cap. 20 37 of 1999 42 of 1999 S 380/97 S 126/99 S 301/99 37 of 2001 38 of 2002 An Act relating to the law of bankruptcy

More information

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : ARBITRATION AND CONCILIATION ACT, 1996 ARB.P. 63/2012 Date of Decision : December 06, 2012

IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : ARBITRATION AND CONCILIATION ACT, 1996 ARB.P. 63/2012 Date of Decision : December 06, 2012 IN THE HIGH COURT OF DELHI AT NEW DELHI SUBJECT : ARBITRATION AND CONCILIATION ACT, 1996 ARB.P. 63/2012 Date of Decision : December 06, 2012 M/S RURAL COMMUNICATION & MARKETING PVT LTD... Petitioner Through:

More information

IN THE GAUHATI HIGH COURT (THE HIGH COURT OF ASSAM: NAGALAND: MEGHALAYA: MANIPUR: TRIPURA: MIZORAM AND ARUNACHAL PRADESH)

IN THE GAUHATI HIGH COURT (THE HIGH COURT OF ASSAM: NAGALAND: MEGHALAYA: MANIPUR: TRIPURA: MIZORAM AND ARUNACHAL PRADESH) IN THE GAUHATI HIGH COURT (THE HIGH COURT OF ASSAM: NAGALAND: MEGHALAYA: MANIPUR: TRIPURA: MIZORAM AND ARUNACHAL PRADESH) Criminal Petition No. 535 of 2011 1. M/S Brahmaputra Iron & Steel Company Pvt.

More information

Final Judgment on Police Protection Case by Supreme Court Of India 2007 IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION

Final Judgment on Police Protection Case by Supreme Court Of India 2007 IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION Final Judgment on Police Protection Case by Supreme Court Of India 2007 IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NOS. 5460-5466 OF 2004 MORAN M. BASELIOS MARTHOMA MATHEWS

More information

THE COMPANIES NAMED IN THIS GUARANTEE

THE COMPANIES NAMED IN THIS GUARANTEE EXECUTION VERISON Dated 16 AUGUST 2018 for THE COMPANIES NAMED IN THIS GUARANTEE as Original Guarantors ASTRO BIDCO LIMITED as Beneficiary GUARANTEE AND INDEMNITY TABLE OF CONTENTS Page 1. DEFINITIONS

More information

IRREVOCABLE BANK GUARANTEE. THIS IRREVOCABLE BANK GUARANTEE is made and executed on this day.

IRREVOCABLE BANK GUARANTEE. THIS IRREVOCABLE BANK GUARANTEE is made and executed on this day. IRREVOCABLE BANK GUARANTEE THIS IRREVOCABLE BANK GUARANTEE is made and executed on this day. BY: Bank Limited, a Banking Company incorporated in Pakistan and having its head office at (city name) and Branch

More information

Present: Mr. Arun Kathpalia, Senior Advocate assisted by Mr. Rudreshwar Singh, Mr. Swapnil Gupta, Mr. Ujjal Banerjee and Ms. Ankita Sinha, Advocates

Present: Mr. Arun Kathpalia, Senior Advocate assisted by Mr. Rudreshwar Singh, Mr. Swapnil Gupta, Mr. Ujjal Banerjee and Ms. Ankita Sinha, Advocates NATIONAL COMPANY LAW APPELLATE TRIBUNAL NEW DELHI [arising out of Order dated 27.04.2018 by NCLT, Hyderabad Bench, Hyderabad in C.A. No. 93 of 2018 in CP(IB) No. 97/7/HDB/2017] IN THE MATTER OF: Quinn

More information