Mr. Vasudev P. Hanji and ors. Vs. Ashok Iron Works Private Limited,

Decided On : Oct-26-2006

Court : Company Law Board CLB

LAW: the Companies Act, Section 32, the Income Tax Act, Section 34, Article 2(xii, Section 176, Article 2A, Article 6, Article 13, Article 14, Article 20, Article 29, Article 33, Article 38, Article 40, Article 43, Section 397, Section 397, Section 402, Section 402, Section 402, the Companies Act, Section 397/398, Article 40, the Companies Act, the Chairmanship of the third, Section 397, Section 397, Section 397, Section 36, the Companies Act, Section 43A, the Company Law, Section 170(1, Section 176, Article 6, Article 20, the Company Law, Article 29, Section 293, Article 33, Article 33, Article 40, Article 44B, Section 459, Section 398, Section 397, Section 397, the Companies Act, Section 34, the Indian Penal Code, Article 10, Section 402, Article 10, Article 10, Section 402

CARDINAL: 1, 3, 4, 3, 4, two, three, 34,900, 1,000/-, two, three, three, two, 78, two, 24.01.2005, 82, 1, 278, 35, 168, 1.07, three, 16.7, 29.21, 823, 3.6, 60, 1.5, 24, 1, 21.12.2004, 01.06.2005, 3, 1.5, 1, 3, 4, 31.01.2005, 04.07.2005, 22.08.2005, 3.70, 10, 314, 44B, 44C, 73, two, two, one, one, 18,000, 19, 28.96, 18,000, two, one, 30,000, 54, 36,000, 62, 36,000, 62, 53, only 400, 24.85, 10, 92.88, 26, 31.03.2005, 117, 24.01.2005, two, 20, 5000/-, 74, 21.000/-, 50, 398, 15,000/-, 30.09.1982, nine, two, two, 292.06, 1082.52, 1500, 168, 14.40, 79, 56, 20.12.2004, four, 01,06.2005, 3, 4, 24.04.2006, one third, 1, 398, three, II, one, 36,000, 27, only 12, 2(xii, 13, 43, 44C, 10, 21,000/-, 1.07, three, 01.01.2005, 31.01.2005, 1.31, 1, 398, 402, 4, two, three, 30.09.1982, 16.7, 29.21, 15.12.2004, 20.12.2004, 3, 4, one-third, 3, 4, 1.5, one, 21.12.2004, 20.12.2004, 3, 4, 3, 4, 21.12.2004, 3, 4, 3, 4, 3, 4, 78, 155, 156, 149, 78, 1.07, three, one, 62, 26, 28.90, 35.00, 18,000, 18,000, 36,000, 62, 18,000, 36,000, 62, 18,000, 36.000, 24.01.2005, 24.01.2005, 24.01.2005, 15,000/-, 5.000/-, 398, 24.01.2005, one, 24.01.2005, two, two, as many as fifteen, 26.11.2004, one, 31.03.2005

MONEY: 22.96 per cent, 25:75 per cent, 25 per cent, 75 per cent, 71.28 per cent, 23.76 per cent, 4.96 per cent, 25:75 per cent, 5 per cent, 4 per cent, 95.97 per cent, only 57.99 per cent, only 14 per cent, 25 per cent, 75 per cent, 75 per cent, 25 per cent, 25 per cent, 76.20 per cent, 38 &, 25:75 per cent, 25:75 per cent, 71.28 per cent, 23.76 per cent, 4.96 per cent, 25:75 per cent, 25:75 per cent, 25 per cent, 75 per cent, 25:75 per cent, 25:75 per cent, 75 per cent, 25 per cent, 50 per cent, 25 per cent, 25 per cent, 25 per cent, 25:75 per cent, 25 per cent

ORG: M/s Ashok Iron Works Private Limited, Company, Company, Company, Company, M/s Ashok Iron, Progressive Engineering, Standard Engineering, M/s Ashok Iron, Steels, M/s Ashok Iron Works Private Limited, Company, Ashok Iron, Steels, Company, Company, M/s Nutan Investments, Trading Private Limited, Company, Company, Jaihind Engineering, Progressive Engineering, Standard Engineering, Company, Fluid Dynamics Private Limited, Company, M/s Fluid Dynamics Private Limited, the Legal Advisor, U.P. Rajkiya Nirman Nigam Limited v. Indure Private Limited and Ors, Khardah Company Limited v., Raymon &amp, KERR, un, Shoe Specialities Private Limited and Ors, Private Limited and Ors, CC, the Court of Principal District Judge, Belgaum, Consolidated Coffee Limited v., Madikeri, Company, Fraud, Beli Ram &amp, Brothers, Ors, AIR, Privy Council, Bank of India v., Vijay Transport and Ors, Company, Progressive Engineering, Standard Engineering, Company, Company, Company, Company, Company, Company, Sons Limited, Company, Company, Company, Company, Company, Company, Central Government, Central Government, Sections 309 &amp, Mathrubhumi Printing and Publishing Company Limited, Vardhaman Publishers Limited, Company, Company, Company, Needle Industries, Needle Industries Newey, Court, Maharashtra Power Development Corporation Limited, Dabhol Power Co., Ors, Court, J.P. Srivastava &amp, Sons, Gwalior Sugar Company Limited and Ors, Company, CLB, Company, Company, CLB, Company, Rakhra Sports Private Limited and Ors, Debi Jhora Tea Co. Ltd., Barenitra, CC, Sections 397 &amp, Counsel, M/s Ashok Iron, Steels, Belgaum, Company, Company, Company, Company, Company, the Supreme Court, Hind Overseas Private Limited, Kilpest Private Limited and Ors, Company, Company, Company, Fluid Dynamics Private Limited, the Register of Contracts, Company, Company, FDPL, the Court of District Judge, Belgaum, Company, CLB, CC 505, Kuttanad Rubber Company Limited, the Board, Maharashtra State Mining Corporation, the Supreme Court, Smith and Ors, Kerala High Court, State Bank of India, Pech, Company, The Supreme Court, Shanti Prasad Jain, Ors, Harinagar Sugar Mills Limited, Company, Managing Director/Technical, CLB, Company, the District Court, Belgaum, CLB, CLB, Company, Bagress Cereals Private Limited and Ors, Company, CLB, Court, the Supreme Court, Bench, M/s Ashok Iron, M/s Ashok Iron, Steels, Company, M/s Nutan Investments, Trading Private Limited, salary and/or commission, Company, Working, Life Insurance Corporation of India v. Escorts LimitedM.M.T.C, Limited v.Indo-French, bio-Tech Enterprise Limited and Ors, the Supreme Court, Sorts Limited, Jaladhar Chakraborty, Court, Kuttanad Rubber Company Limited, CLB, Maharashtra Power Development Corporation Limited, Dabhol Power Company and Ors, Hind Overseas Private Limited, Company, CLB, Maharashtra Power Development Corporation Limited, Dabhol Power Co., Ors, the Company to M/s Fluid Dynamics Private Ltd., The Register of Contracts, Bench, M/s Fluid Dynamics Private Ltd, the Register of Contracts, M/s Fluid Dynamics Private Ltd., Company, M/s Fluid Dynamics Private Ltd., the Register of Contracts, the Register of Contracts, Company, M/s Fluid Dynamics Private Ltd., M/s Fluid Dynamics Private Ltd, Company, M/s Fluid Dynamics Private Ltd., Company, CLB, M/s Fluid Dynamics Private Ltd, the Company to M/s Fluid Dynamics Private Ltd, Company, Company, Company, CLB, CLB, CLB, CLB, the Supreme Court, Shanti Prasad Jain, Company, Company, Company, Company, the Court of District Judge, Belgaum, Consolidated Coffee Limited v., the Court of Judicial Magistrate, Belgaum, Company, Rakhra Sports Private Limited and Ors, Sections 397 &amp, Board, Debi Jhora Tea Co. Limited, the Court of District Judge, Belgaum, Re a Company (Supra, Company, Company, Company, Company, Company, Company, Company, inter alia, Company, T.V. Chandran and Ors, Court, M/s Deloitte Touche, Company, Company

ORDINAL: first, first, third, first, third, third, first, first, third, first, third, first, third, third, third, third, third, first, first, third, first, third, third, third, first, first, third, third, third, first, third, first, first, third, first, third, fourth, third, first, third, fourth, first, third, eighth, third, eighth, third, third, third, third, fourth, third, third, first, third, third, first, third, third, first, third, first, first, first, first, first, first, first, first, first, first, third, third, first, first, third, first, first, first, first, first, first, fourth, first, third, third, first, first, first, first, first, first, first, first, first, first, third, first, first, third, first, first, third, first, first, third, third, third, first, first, first, third, first, first, first, first, first, first, third, first, first, first, eighth, first

DATE: 1956, the year 1973, the year 1978, September 1982, 1961, the past 30 years, the year 2001-02, the year 2000 and, 2002, 1810, 1995, 1996, 2001, 1948, 2-3 years, the year ended 31,03.2004, the year 2004-05, 2000, 1987, 14.03.2005, December 2004, the year ended 31.03.2005, annual, the last 30 years, the year 1996-97, 21114, the year 1997-98, the year 2004-05, 24355, the year 1999, annual, 26.09.2005, 1992, September 2004, annual, March 2005, 14.03.2005, March 2005, 3000 MTs per month, 2003, 1924, 1993, 1980, five years, the past six years, the year 2004-05, the year 2004-05, the year 1986, 2000-2001, the years 2000-01 and 2001 -02, the period, 1998-99, the past several years, 1994, 1984, 30.12.2004, 20.12.2004, 20.12.2004, 20.12.2004, the year 1981, the years, a few years, annual, 01.06.2005, 2006, 14.03.2005, 1971, 1042, 1986, 14.03.2005, 18000, 14.03.2005, March, 2005, 26.09.2005, 1956, the present day, 1985, 1986, 1987, the year 1973, the year 1978, the year 1981, the year 1973, the year ended 31.03.2004, the year ended 31.03.2005, 14.03.2005, 20.12.2004, 20.12.2004, 14.03.2005, the lat three decades, the year 1981, annual, 04.06.2005, the year 2001-02, the period between 20.11.1982 and, the period, July 1994 and July 2005, 2000-01, the past several years, the year 2000, 2002, the years 2000-01, 2001-02, 14.03.2005, September 2004, 1996, the year 1973, more than three decades, 45 days

PERSON: Sri Udaya Holla, Counsel, Hanji Family, Humbarwadi, Jaihind Engineering, Hanji, Humbarwadi, Hanji, Humbarwadi, Humbarwadi, M.B. Karmarkar, Chartered Accountant, Humbarwadi, Yeshwant Deorao, Stridewell, Hanji, Chandra Singh, Savitri Devi, Chaudri Mohammad Afzal, Jaihind Engineering, Humbarwadi, Sam Weller &amp, Hanji, Humbarwadi, Humbarwadi, Hanji, Hanji, Hanji, Hanji Family, Hanji, Loch, John Blackwood Limited, Khraithilal Rakhra, Krishna Bhowmick, Shri Holla, Shri K.G. Raghavan, Hanji, Humbarwadi, Humberwadi, Shri S. Ramaiah, Jhunjhunwatla, Anr, Shekhar Mehra, Jaladhar Chakraborty, K.M.J. Joseph, Anr, Humbarwadi, Hanji, Sunil - Judgmettf, Croft, P. Ramkumar v. T.V. Chandran, Wolfgang, Claude-Lila Parulekar v. Sakat Papers P. Ltd., Shayam Sunder Jhwjhumwla, Sangramsinh P. Gaekwad, Shantadevi P. Gaehvad, Sangramsinh P. Gaekwad, Shantadevi P. Gaekwad, Hanji, Humbarwadi, Hanji, Humbarwadi, Hanji, Humbarwadi, Hanji, Humbarwadi, Hanji, Humbarwadi, Hanji, Humbarwadi, Humbarwadi, Hanji, Sam Weller &, K.M.J. Joseph, Jhunjhunwalla, Anr, Shekhar Mehra, Humbarwadi, T.N. Sanikop, Shri M.S. Paranjape, Chartered Accountant, Khraithilal Rakhra, Barendra Krishna Bhowmick, Humbarwadi, Hanji, Humbarwadi, Hanji, Hanji, Humbarwadi, Hanji, Loch, John Blackwood Limited, Hanji, Humbarwadi, Sri Udaya Holla, Kremer, Bangalore, lee

PERCENT: 25:75 percent, 25%

GPE: Co., India, Mistake, Gram Panchayat, Counsel, Hanji, Krenter - (1989, Anr.v, 03.11.1994, Counsel

PRODUCT: Vol.99 CC 112, Chairmanship, Consultant, Section 397/398, ISO 9000, QS 9000, Bench, Bench

WORK_OF_ART: CC 80

TIME: the minutes, the minutes, the minutes, the minutes, the minutes dated

FAC: Jermyn Street Turkish Baths Limited

NORP: German

LANGUAGE: English

QUANTITY: 36,000 tonnes