( 9486 results )
High Court
HC: Can’t direct SEBI to exercise ‘discretionary’ investigative powers; Acquiring shares ‘voluntary’ act
- Citation Number : LSI-526-HC-2015-(DEL)
Securities & Exchange Board of India
SEBI: Dismisses SCN alleging ‘fraudulent’ shares selling; Mere ‘probabilities’ can’t establish a charge
- Citation Number : LSI-525- SEBI-2015-(MUM)
High Court
HC: Allows investigation against impleaded party in Sec. 397/398 proceedings; Funds siphoning allegations serious
- Citation Number : LSI-522-HC-2015-(P & H)
Securities & Exchange Board of India
SEBI: Reclassifying promoters as public shareholders to meet 25% threshold gross misrepresentation
- Citation Number : LSI-520- SEBI-2015-(MUM)
Company Law Board
CLB: Director has unfettered right to resign despite co’s outstanding-liabilities; Co. refusal ill-founded
- Citation Number : LSI-519-CLB-2015-(CHE)
High Court
HC: Quashes FERA proceedings for two-decades unexplained delay, emphasizes ‘right to speedy trial’
- Citation Number : LSI-517-HC-2015-(DEL)
Company Law Board
CLB: Sec. 397/398 remedy available only to existing shareholders, not to persons long disassociated
- Citation Number : LSI-512-CLB-2015-(NDEL)
High Court
HC: Can’t enforce “colourable device” aided debenture transaction meant to circumvent FDI policy
- Citation Number : LSI-511-HC-2015-(BOM)
Securities & Exchange Board of India
SEBI: Despite share transfer agent’s due-diligence failure, refrains from penalty imposition
- Citation Number : LSI-509- SEBI-2015-(MUM)
Securities & Exchange Board of India
SEBI: Penalises target co. for annual shareholding disclosures, ‘belated’ disclosure doesn’t serve purpose
- Citation Number : LSI-508- SEBI-2015-(MUM)
Securities & Exchange Board of India
SEBI: Person acting in concert with acquirer collectively responsible for Takeover Regulations breach
- Citation Number : LSI-507- SEBI-2015-(MUM)
Securities & Exchange Board of India
SEBI: Allows Madras Stock Exchange exit, orders name change & tax compliance
- Citation Number : LSI-506- SEBI-2015-(MUM)
Securities & Exchange Board of India
SEBI: Bars abettor from securities market for aiding in siphoning off IPO proceeds
- Citation Number : LSI-505- SEBI-2015-(MUM)
Company Law Board
CLB: Insists on “locus-standi” for Sec. 237 petition; Fishing expedition by ‘stranger’ not permitted
- Citation Number : LSI-502-CLB-2015-(MUM)
High Court
HC: Presumes registration of mortgage-charge in successor’s favor on predecessor’s disqualification, absent contrary proof
- Citation Number : LSI-501-HC-2015-(P & H)
High Court
HC: Debt claim can’t be challenged post winding-up admission; Distinguishes Kar. HC judgment
- Citation Number : LSI-497-HC-2015-(CAL)
Securities & Exchange Board of India
SEBI: ‘Profit refund’ inappropriate remedy for Takeover Code violation, directs public announcement
- Citation Number : LSI-495- SEBI-2015-(MUM)
Supreme Court
SC: Cheque dishonouring notice serving on ‘company’, not directors; Overrules Madras/Bombay HC ratios
- Citation Number : LSI-487-SC-2015-(NDEL)
Supreme Court
SC: Rejects ‘adventurism’, upholds NCLT/NCLAT validity; However strikes down selection committee constitution
- Citation Number : LSI-486-SC-2015-(NDEL)
High Court
HC: ‘Income-Tax notice’ a pre-condition for lifting corporate veil of public company’s director
- Citation Number : LSI-485-HC-2015-(GUJ)