Sh. Amrik Singh Hayer Vs. Hayar Estates Pvt. Ltd. and ors.

Decided On : Oct-17-2007

Court : Company Law Board CLB

LAW: The Companies Act, the Company Law, Article 23, the Companies Act, Article 10 to 15, article 11, Article, Section 108 of the Act, the Companies Act, Section 284, the Companies Act 1956, the Companies Act, Section 398, Section 402 of the Act, the Companies Act, the Companies Act, the Companies Act, Section 402, Section 402, Section 408, Section 402, Section 402, Section 397/398, Section 397/398.50, Article 10 to 15, Section 402, Section 402, Section 397/398

CARDINAL: 1, two, 45, 2, 4, 1, 250000, 750000, 10/-, 156, 2.9, 4, 2, 3, 1500.0, 3^rd, 156-159, 7.0, 6, 15.0, 1, 6, 6, 1, 12,99,82,000/-, 3, 3, No.3, 638.82, 2, 2, 3, 4, 3, 3, 2, 4, 3, 3, 2, 3, 1, 12,99,82,000/-.As, No.2, 2, 3, 6, 1, 1, 3, 5, 3, 3, 3, 3, 5, 2, 4, 2, 3, 2, 4, 2, 2, 3, 3, 3.25, 23.0, 2, 57.82, 2, 20.0, No.4, 3, 2, 5, 7 to 11, 1.05, 5.0, 3, 5.0, 20.0, 20.0, 2, 2, 638.82, 2, 3, 2, 3, 2, 10, 11, 12, 13, 14, 2, 15, 191, 2, 2, 2, 2, 1.0, 2.5, 2.5, 3.0, 6, 7 and 8, 2006.17, 1, 3, 9, 2, only one, 156, 3, 1500, 1500, 3, 2, 29.10.2005, 2, 3, two, four, two, 3.25, 2, 2, 3, 3, 2, 3, 10.05.2006.Petitioner, 3, 3, 3, 3, 3, five, 180, 181, 183, 184, 194, 195, 196, 197, 198, 226, 230, 4, two, 09.06.2006, only two, 10.05.2006, more than one, 6, 6(e, 60, 29.10.2005, 3(a, 9.5.2006, 8.5.2006, 25, 9.5.2006, 9.5.2006, 3, 1, 1500, one, 156-159, one, 1(a, 10.05.2006, 2, 4, only two, 29.10.2005, 3(a, 3.25, 9^th, 5, 3, 2, 4, 2, 3, 397, 29.10.2005, five, 638.82, 29.5.2005, 1, 1, 2.5, 2.5, 3, 191, 284, 407, 237

DATE: 44 of 2006, 2006, September 30, 2003, November 24, 2003, October 29, 2005, November 9, 2005, October 29, 2005, three months, 6 months or earlier, three months, 1956, May 9, 2006, six months, May 8, 2006, May 9, 2006, 4, May 8, 2006, 4, May 9, 2006, May 9, 2006, May 9, 2006, May 9, 2006, May 10, 2006, May 11, 2006, May 11, 2006, May 11, 2006, May 12, 20006, May 12, 2006, May 19, 2006, May 19, 2006, May 19, 2006, May 19, 2006, May 29, 2006, October 30, 2006, six months, May 8, 2006, 9/5/2006, May 9, 2006, February 8, 2006, May 9, 2006, May 11, 2006, May 10, 2006, May 11, 2006, May 9, 2006, 4, March 31, 2006, April 28, 2006, May 9, 2006, May 11, 2006, May 12, 2006, May 19, 2006, May 20, 2006, 7 days, May 9, 2006, 5, May 19, 2006, 4, 45 days, one month, 45 days, May 19, 2006, 1956, 4, May 29, 2006, October 30, 2006, April 28, 2006, May 11, 2006, May 9, 2006, May 11, January 2003, 30/09/2003, two years, 09.11.2005, 10.02.2006, 21.02.2006, 09.05.2006, 29.05.2006, 30.10.2006, 28.03.2007, 09.05.2006, 42, 48, 49, 53, 54, 69, 75, 78, 44, 49, 51, 52, 13.06.2006, 11331188/-, the year 31.03.2005, 21.02.2006, 13.06.2006, 10.02.2006, 10.2.2006, 21.2.2006, 9.5.2006, 10.5.2006, 27.7.2006, 1956, 29/10/2005, 09.11.2005, 09.11.2005, 09.05.2006, 08.05.2006, 09.05.2006, 19.05.2006, 21.02.2006, 10.2.2006, 10/02/2006, 21/02/2006, 09.05.2006, 09.11.2005, 10.05.2006, 27.7,2006, 1956, 2006, 9^th May, 2006, October 29, 2005, May 9, 2006, a day, six months, October 29,2005, November 9, 2005, May 9, 2006, the same day, 10.5.2006, 11.5.2006, 12.5.2006, 19.5.2006, the same day, 19.5.2006, 19.5.2006, 28,4.2006, 9.5.2006, 12.5.2006, 19.5.2006, 28.4.2006, 1976, 28.4.2006

ORG: M/s Hayer Estates Pvt. Ltd., M/s Hayer, Hayer Estates Pvt.Ltd., the First Directors, Companies, the Municipal Corporation, the Board of Directors, S. Ajmer, MOU, MOU, MOU, MOU, MOU, Rupees Fifteen Crores, Municipal Corporation, MOU, MOU, MOU, Second Party, the Board of Directors, MOU, MOU, MOU, MOU, MOU, MOU, MOU, first party &amp, the Board of the companies, Directors &, the Board of the company, Board, Court of Law, Municipal Corporation, MOU, MOU, MOU, MOU, MOU, this Hon'ble Board, MOU, MOU, MOU, MOU, MOU, Companies, MOU, MOU, MOU, MOU, MOU, MOU, the Municipal Corporation, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, the Court of Law, MOU, Additional Directors, Smt, Additional Directors, Bank, State Bank of Patiala, the Board of Directors, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, Companies, the Company Law Board, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, Architects, Respondents, the Board of Directors, the Articles of Association, Board of Directors, the Articles of Association, Company, Company, Company, Company, the Articles of Association, Board of Directors, Section, MOU, Board of Directors, Board, Directors, the Company Law Board's, the Registered Office, the Board of Directors, shop cum office, MOU, Municipal Corporation, MOU, MOU, Board, MOU, Board, MOU, Board, MOU, Hon'ble Board, MOU, MOU, MOU, the Share Capital, Companies, the Memorandum of Association and Articles of Association, Reliance, Oppression and Mismanagement - Para Nos, Needle Industries Newey, Bijay Kumar Agarwal, Rattan Lai Bagaria Lifting, Hon'ble Board, MOU, Directors, MOU, Registered Office, this Hon'ble Court, MOU, MOU, MOU, this Hon'ble Court, the Municipal Corporation Chandigarh, this Hon'ble Court, MOU, MOU, MOU, MOU, MOU, MOU, MOU, R-4, MOU, Bank, CLB, Bank Drafts, the Civil Court, Drafts, Dispute, the Civil Court, Counsel, the Bank Account of the Companies, MOU, Share Capital, Board, the Board of Directors, Singh &amp, Associates, the Court of Sub, Hon'ble Court, Companies, this Hon'ble Court, R-5, First Directors, MOU, MOU, MOU, MOU, MOU, MOU, MOU, Companies, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, Company, MOU, MOU, MOU, MOU, MOU, MOU, Bank, CLB, the Civil Court, Drafts, the Civil Court, the this Hon'ble Court, MOU, MOU, MOU, Hon'ble Court, Companies, this Hon'ble Court, MOU, MOU, MOU, Board Resolution, companies.46, MOU, MOU, redundant.48, Respondents, this Hon'ble Board, Civil Suit, the Civil Suit, MOU, This Hon'ble Board, Civil Courts, this Hon'ble Board, Respondents, NRI, Respondents, Company Law Board's, Sections 397, CLB, CLB, the Company Law Board, the Company Law Board, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, MOU, Board Resolution, MOU, MOU, R-3, Bank, the State Bank of Patiala, the Board of Directors, MOU, Board, R-4, Articles of Association, MOU, MOU, MOU, the Articles of Association, the Articles of Association, Clemens Bros Ltd., MOU, MOU, MOU, MOU, Board, MOU, the Company Law Board, MOU, MOU, The Company Law Board, The Company Law Board's, the Company Law Board, the Company Law Board, MOU, R-3, Court

PERSON: Singh Hayer, Chandigarh, Shri Ashwani Chopra, MOU, Singh Khangura, S. Amrik Singh Hayer, S. Malkiat Singh, Kaur, Late S. Balbir Singh, Chandigarh, Shri Zora Singh, Shri Ashwani Chopra, Respondents Nos, Nos, Chandigarh, Respondents Nos, Shri Chopra, Directors, Kulwant Kaur, Shri Bahadur Singh, Surinder Singh, Jaswinder Kaur, Singh Khangura's, Shri Malkiat Singh, Nos, Shri Malkiat Singh, Shri Ajmer, Singh Khangura, Nos, Shri Malkiat Singh, Malkiat Singh, Malkiat Singh, Shri Malkiat Singh, Respondents Nos, Nos, Nos, Petitioner, Shri Chopra, Nos, Nos, Articles of Association.18, Chandigarh, Shri Singh, Chandigarh, Shri Singh, telephonic calls, Petitioner, Shri Singh, Sangramsinh P. Gaekwad V. Shantadevi P. Gaekwad, Para Nos, Para Nos, Shri Singh, Shri Vivek Bhandari, Ajmer Singh, Amrik Singh, Malkiat Singh, Amrik Singh, Malkiat Singh, Shri Ajmer Singh, Malkiat Singh, Shri Zora Singh, Shri Bhandari, Shri Zora Singh, Shri, Shri Ajmer Singh, Shri Zora Singh, Shri Ajmer Singh, Shri Ajmer Singh, Shri Zora Singh, Manjit Kaur, Balbir Singh, Singh, Shri Ajmer Singh, Shri, Shri Bhandari, 4.44 Crores, Shri Zora Singh, Shri Zora Singh, Shri Bhandari, zora singh, Shri Zora Singh, Shri Ajmer Singh, Remedy, Shri Zora Singh, Singh, Directors, Shri Zora Singh, Petitioner, Shri Malkiat Singh, Shri Ajmer Singh, Shri Malkiat, Shri Ajmer Singh, Shri Ajmer Singh, Shri Zora Singh, Shri, Shri Bhandari, Shri Zora, Chandigarh, Nesar Ahmad, Petitioner, Petitioner, Chandigarh, Petitioner, Petitioner, Petitioner, Petitioner, Shri Zora Singh, Shri Ajmer Singh, Shri Ajmer Singh, Shri Ajmer Singh, Shri Zora Singh, Manjit Kaur, Balbir Singh, Singh, Shri Ajmer Singh, Shri, Petitioner, 4.44 Crores, Shri Zora Singh, the Shri Zora Singh, Shri Zora Singh, Shri Ajmer Singh, Petitioner, Malkiat Singh, Shri Zora Singh, Shri Zora, Singh Khangura, Shri Chopra, Sections 397/398, Articles, Shri, Singh Khangura, Shri Zora Singh, Resolutions, Shri Malkait Singh, Anr, restored.56

FAC: Singh Khangura, Sections 193 and 194, Resolution, Reiterating R-2, R-2, R-2

GPE: India, India, India, Chandigarh, Singh, Singh, mr.zora, Singh, arguments.41, Sections

WORK_OF_ART: a Memorandum of Understanding, Schedule of Payment, 2 All ER 268

PERCENT: 25%, 25%, 25%, 75%, 25%, 75%, 25% and, 75%, 25%, 75%, 25%, 25%

ORDINAL: first, second, second, first, second, second, second, second, first, second, first, second, second, first, second, firstly, second, second, first, second, first, second, first

PRODUCT: Para, Memorandum, Respondent

TIME: minutes

EVENT: the "Pending Share Allotment

LOC: R-2, R-2