Idbi Trusteeship Services Ltd. Vs. Hubtown Ltd.

Decided On : Nov-15-2016

Court : Supreme Court of India

LAW: OPCD Amendment Agreement, Condition 7, Condition 7, Condition 12.1(a, Condition 12.2, the FDI Policy, the FEMA Regulations/FDI Policy, Schedule 13, the FDI Regulations, the Facility Agreement, the Transaction Documents, the Facility Agreement]., Regulations 4, Article 136, Section 115, Section 115, Order 37, section 115, Section 115, Order 37, Order 37 Rule 2, Order 14, Order 37 Rule 2, Order 37, Rule 3, Order 37, Rule 3

ORG: THE SUPREME COURT OF INDIA CIVIL, Summary Suit, the Bombay High Court, Nederlandse Financierings-Maatschappij, Ontwikkelingslanden N.V., FMO, Vinca Developer Private Limited, FMO, Vinca, FMO, Vinca, FMO, Vinca, Vinca, Plaintiff, Trusteeship Company, Trusteeship Services, Plaintiff, the Debenture Subscription and Debenture Trust Deed, Amazia Developers Private Limited, Brainpoint Infotech Private Limited, Plaintiff, the Debenture Subscription and Debenture Trust Deed, Rubix Trading Private Limited, Plaintiff, the “Debenture Trust Deeds, Vinca, Rubix, the Debenture Trust Deeds, the Debenture Trust Deeds, Rubix, Rubix, Plaintiff, inter alia, Plaintiff, Amazia, Vinca, the Debenture Guarantee Deeds, inter alia, the Corporate Guarantee Deed, Plaintiff, Guarantee, Plaintiff, Rubix, Debenture Trust, the Debenture Trust Deeds, default (cross default, Schedule 14, the Debenture Trust Deeds, Vinca, Rubix, Amazia, the Debenture Trust Deeds, the Debt Service Cover Ratio, the Interest Coverage Ratio, the Debenture Trust Deeds, Rubix, Amazia, the Debenture Trust Deeds, Rubix, Amazia, Debenture Trust, Plaintiff, Rubix, the Debenture Trust Deeds, the Debenture Trust Deeds, Amazia and/or Rubix, Plaintiff, Plaintiff, the Debenture Trust Deeds, inter alia, Rubix, the “Early Redemption Date, the Plaintiff at HDFC Bank, the Early Redemption Date, the Redemption Notices, the Debenture Trust Deeds, Rubix, the Debenture Trust Deeds, Plaintiff, Guarantee, Guarantee, the Demand Certificate, Plaintiff, Plaintiff, Plaintiff, the Amazia TRA Agreement, Guarantee, Guarantee, FEMA Regulations, Schedule, FDI, FEMA Regulations, FMO, FDI, Rubix, Amazia, FMO, FMO, FEMA, Rubix, the Holding Company of Amazia, Rubix, FMO, FDI, Subscription Agreement and Debenture Trust Deed, FDI, FMO, Vinca, Rubix & Amazia, FEMA, FMO, FMO, FMO, Vinca, FMO, the Board of Vinca, Amazia, Rubix, the Debenture Trustee/the Petitioner, the Nominee Directors, FMO, FDI, FDI, Vinca to Amazia & Rubix, FMO, Nominee Directors, the Debenture Trustee/IDBI, Rubix, FMO, Vinca, Respondents, the Debenture Trustee, Rubix to Vinca, FMO, FMO, FDI, FMO, FDI, the FEMA Regulations/FDI Policy, FMO, Vinca, FMO/FMO's, Nominee Directors, the Board of Vinca, FMO, Nominee Directors, the Board of Vinca, Rubix, Guarantee, FMO, Court, FMO, FDI, the FEMA Regulations, FDI, Plaintiff, FMO, FMO, Pari Delicto, FMO, FDI/Investment, FDI, FEMA, Plaintiff, FMO, FDI, Rubix, Vinca’s Articles of Association, FMO, FDI, FEMA Regulations, FDI, FMO, FMO, FDI, FDI, the FEMA Regulations, Plaintiff, FMO, FMO, the Board of Directors, Vinca, DTD, FDI, FDI, the FEMA Regulations, FMO, Court, Plaintiff, FMO, FMO, Plaintiff, Plaintiff, FMO, FMO, Vinca’s Board of Directors, FDI, Court, FDI, the FEMA Regulations, SSA & DTD, FDI, FMO, FDI, Rubix, FDI, FMO, Vinca, FDI, FEMA Regulations, FMO, Vinca, FDI, Suit, Indian Company, Indian Company, FMO, FDI, FDI, FMO, FDI, FEMA Regulations, FDI, FDI, Compulsorily Convertible Debentures, Vinca, Indian Company, FMO, FDI, Vinca, Guarantee, Plaintiff, FMO/FMO's, Court, FMO, FDI, Vinca, the FEMA Regulations, FDI, the Hon'ble Supreme Court, Plaintiff, Court, the Supreme Court, Plaintiff, Plaintiff, Vinca, Company of Amazia, Rubix, FMO, FDI, Rubix, SSA, Debenture Trust Deed, FDI, Vinca, FMO, Vinca, SSA, FDI, Vinca, FMO, Rubix, SSA, the Trust Deed, the FEMA Regulations/FDI, FDI, FMO, Rubix, Court, Suit, Corporate Guarantee, Guarantee, Corporate Guarantee cum Mortgage, Ackruti City Ltd., Ackruti City Ltd., Hubtown Ltd., IDBI Trusteeship Services Ltd., Vinca Developer Pvt. Ltd., the Amazia Optional Partially Convertible Debentures, Rubix, Rubix, the Deed of Corporate Guarantee, the Debenture Trustee, the Debenture Holder, the Amazia Secured Obligations, the Rubix Secured Obligations, the Amazia OPCD Subscription and Debenture Trust Deed, the Rubix OPCD Subscription and Debenture Trust Deed, Facility, the Debenture Trustee, the OPCD Subscription and Debenture Trust Deeds, Facility, the Debenture Holder, the Amaxia Secured Obligations, Rubix of the Rubix Secured Obligation and, the Transaction Documents, the Debenture Holder, the Debenture Trustee/Security Trustee, Issuers, Issuers, Guarantee, the Debenture Trustee’s, the Security Trustee’s, Issuers, the Demand Certificate, the Debenture Approved Instructions, Guarantor, Default Interest Rate, the Debenture Trustee, Approved Instructions, the Security Trustee, Default Interest Rate, the Debenture Holder, Debenture Trustees, the Security Trustee’s/ Lender’s, the Debenture Holder/ the Trustee, Approved Instructions, the Debenture Holder/, Trustee, Holder, Issuers, the Debenture Holder/ the Debenture Trustee, Security Trustee, the “Demand Certificate, Obligors, Obligors, Obligors, the Debenture Trustee/Debenture Holder, Ackruti City Limited, Corporate Guarantee cum Mortgage, the Debenture Trustee, Amazia Developers Private Limited/Rubix Trading Private Limited, the Amazia OPCD Subscription and Debenture Trust Deed, the Rubix OPCD Subscription and Debenture Trust Deed, Amazia Developers Private Limited/Rubix Trading Private Limited, Guarantee, Corporate Guarantee, the Summary Suit, the FEMA Regulations, the FEMA Regulations, the Reserve Bank, Investment Scheme, Schedule 1, Regulations, Corporate Guarantee, Trusteeship Pvt. Ltd., Hubtown Ltd, Hubtown, Vinca, FEMA Regulation, Vinca, FMO, Rubix, the FEMA Regulations, Vinca, the Corporate Guarantee, Corporate Guarantee, Mechelec Engineers & Manufacturers v. Basic Equipment Corporation, CPC, the Bombay High Court, the FEMA Regulations, SCR739, Corporate Guarantee, Plaintiff, Court, Court, Court, Court, Court, Court, Court, Court, Court, Court, Court, Court, Court, the Delhi High Court, Court, the High Court, CPC, the High Court, Court, the High Courts, CPC, ILR, CPC, Court, Chamanlal Bros., High Courts, Milkhiram, CPC, the Bombay High Court, Court, the Supreme Court, Santosh, the Court of Commercial Subordinate, Court, Court, Court, Court, Court, Booth's, Distillery Co., the House of Lords, Devlin, Fieldrank Ltd., Distillery Co., Booth's, Distillery Co., Lloyd's Banking Co., Booth's, Distillery Co., Booth's Distillery Co., RSC, Rawalpindi Theatres Private Ltd., the Bombay High Court, Order, Sunil Enterprises, SBI Commercial & International Bank Ltd., State Bank of, Ashit Shipping Services, P) Ltd., M.D. Overseas Ltd., SIFY Ltd., First Flight Couriers Ltd., Gujarat Water Supply & Sewerage Board, Videocon Leasing & Industrial Finance Ltd., State Bank of Hyderabad v. Rabo Bank, Court, Defiance Knitting Industries, SCC25 this Court, Chamanlal Bros., Southern Sales & Services, Sauermilch Design & Handels GMBH, Court, Court, Milkhiram, Court, Justice, Equality, Milkhiram, Court, FMO, FEMA, the Corporate Guarantee, Corporate Guarantee, Guarantee, Vinca, the FEMA Regulations, FMO, Vinca, FMO, FEMA Regulations, FMO, RBI, RBI, FEMA Regulations, the FEMA Regulations, the Bombay High Court, FMO, Bombay High Court, the Bombay High Court, R.F. Nariman

DATE: 2016, 2009, 2010, 1st December, 2009, 1st December, 2009, 8th September, 2010, 9th December, 2009, 15th June, 2011, 16th March, 2011, 16th June, 2011, 1st April, 2011 to 30th September, 2011, 2nd May, 2012, 2nd May, 2012, 2nd May, 2012, 2nd May, 2012, 27th June, 2012, 3rd July, 2012, 50098359, August, 2012, August, 2012, May 6, 2013, 477,51,90,932.97/-, March 4, 2013, August 11, 2012, March 4, 2013, March 5, 2013, May 6, 2013, 477,51,90,932.97/-, 8th May, 2015, 9th December, 2009, 2013, 42, before 15th June, 2015, a period of, one year, 29th June, 2015, 9th December, 2009, 1999, 2011, 1976, 1908, 1976, 1962, 1976, 1976, ten days, the day, less than ten days, ten days, 8, 1945, ten days, 1958, 1901, 1961, 1901, Annual, 1962, 1901, the last few years, 1958, 1976, 1998, 2002, 4 SCC736at, 2007, 2008, 4 SCC246at, 2009, 2013, 14 SCC606at, 2015, 2006, 1976, 2008, 1976, 2011, three months, today, a period of, one year, November 15, 2016

NORP: J.1, INR1395,000,000, Indian, Indian, Indian, Indian, Indian, Indian, Indian, Indian, Indian, Indian, Dutch, Appendix, R., Dutch, Indian, Indian

WORK_OF_ART: a Summons for Judgment No.39 of 2013, Vinca, Brainpoint, Redemption Notices, D-1, Demand Certificate, Revised Principal Amount, The FDI Policy, The Deed of Guarantee, Guarantor

PERCENT: 10%, 10%, 49%, 49%, 41%, 41%, 100%, 0.01%, 99%, 99%, 14.75%, 14.75%, 14.75%, 14.75%, 14.5%, 13.5%, 14.5%, 99%, 14.5%, 14.5%, 99%, 14.75%, 14.75%, 99%

PERSON: Vinca, Vinca, Hemant Shah, Vyomesh Shah, Hemant Shah, Vyomesh Shah, Vinca, Vinca, Vinca, Vinca, Vinca, Vinca, Exhibit, Ratio, Schedule, Exhibit, Rs.532,11,29,364.05/-, Vinca, Vinca, Vinca, Vinca, Vinca, Vinca, Vinca, Vinca, Vinca, Plaint, Vinca, Vinca, Vinca, Vinca, Vinca, Defendant, G. Ramalingamurthi, Vinca, Vinca, Vinca, Vinca, Vinca, Vinca, Abhishek Manu Singhvi, Schedule, Singhvi, Singhvi, Shri Aspi Chinoy, G. Ramalingamurthi, Mechelec’s, Order, Paragraphs 6, Kiranmoyee Dassi Smt, J., bench, Bhai Mool Singh, Bose, J., Bose, J., Jacobs, Stein, Jacob v.Booth's, Jacobs, p.251, Jacob v. , LT262 Bramwell, B., Jacob v. , Mechelec’s, Municipal Corpn, Chandra Jaipuria, Uma Shankar Kamal Narain, Wada Arun Asbestos, SCC521at, Jay Arts, Mechelec’s, Kiranmoyee Dassi, CWN246, Mechelec, para 13].16, para 15].17, Order XXXVII, Joseph, Mechelec’s, Vinca, Joseph

GPE: Vinca, Vinca, Vinca, Vinca, Vinca, Vinca, India, Amazia, Amazia, Amazia, Amazia, Clause, Amazia, Amazia, Amazia, Amazia, Amazia, Amazia, Ld, Mumbai, Vinca, Amazia, Amazia, Amazia, Amazia, Amazia, Rubix, Amazia, Amazia, Ld, Vinca, Amazia, Amazia, Vinca, Amazia, Amazia, Vinca, Amazia, Amazia, Ld, Amazia, Lender, Amazia, Lender, Lender, Ld, India, India, India, |India, India, Pakistan, India, Bangladesh, Pakistan, India, Amazia, SCC687is, Ld, Ld, Immami, Ld, Ld, Ld, Mechelec, Mechelec, Milkhiram, India, Delhi, Chagla, Delhi, Saravana Prabhu, Mechelec, India, Mechelec, Sharma, Bombay, Bombay, India, Immami, J.New Delhi

CARDINAL: 3, 3, 1, 10,00,000, 2, 3, 3, 3, Five Hundred and Thirty Two, Five, Fifty One, Four Hundred, Thirty Two, Six, Eighty One, Forty Two, Thirty Two, Fifty One, 3, 16, 16.2, 418, 418, 16.3, 16.4, 16.6, 31.1, 32.1, three, 1, 33.2, 33.3, 37.2, 418, 37.3, 5, five, 5, 34, one, 1, 6, 5, 1, 1, 7, .418, 4, 3, two, one, 8, 3, 1, 2, 3, 2, 3, 4, 5, 6, 7, 10, 3, 2, 4, 5, 479, 49, 2, 253):“(a, four, 37, 6, four, 1, 3, 2, 3, 3, 13, 3, 1216):“Taken, 85, two, 682-3, 266, 85, 251, 267, 267, 264, 85, 1374, 4, 11, 5, 4, 10, 4, 8, 9, 10, 2, 19, 4, 10, 16.15, two, 8, 479, 49, 4, 14, 4, 5, 6, 3, 5, 5, two, 3, one, two, 8, four, .418, .418, .418, .418

LOC: the Negative Covenants, Industrial Park, Single Judge

PRODUCT: C-1, Twelve Paisa, Surety, Appellant, Respondent, Kumar, LT262, LT262

ORDINAL: 3rd, 3rd, first, first, first, second, second, First

MONEY: Twenty Nine Thousand, 14.5 per cent, 14.5 per cent, 14.5 per cent, 14.5 per cent, 14.5 per cent, SCC719at

EVENT: Twenty Six, Ninety Six, the FDI Policy

FAC: Immami Appa Rao, Kiranmoyee Dassi Smt

TIME: overnight, overnight

QUANTITY: 3 AELR681at