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Madanlal Fakirchand Dudhediya Vs. Changdeo Sugar Mills Ltd. and ors.

Court : Mumbai

Subject : Company

Acts : Indian Companies Act, 1956 - Sections 9, 76, 76(1), 78(2), 87, 105 and 309(6); Code of Civil Procedure (CPC), 1908; Capital Issues (Continuation of Control) Act, 1947 - Sections 2; Indian Companies Act, 1913 - Sections 105 and 105(1); Company Law

Reported in : AIR1958Bom491; (1958)60BOMLR254; ILR1958Bom250

the Original Side of the High Court of Bombay. The appeal raises a question of construction under the Companies Act, 1956, and the question arises in this way.2. The first defendant company Shree Changdeo Sugar Mills Limited is a … costs as against respondent No. 1. Wemake no order as to cross-objections.20. Appeal dismissed. Companies Act (I of 1956), Section 76(1) - Whether payment of commission on stores end debentures from profits of company outside profits of Section … company's capital in payment of a commission: Hilder v. Dexter 1902 AC 474 . Mr. Munshi relies on the above legislative History of England on

Seksaria Cotton Mills Ltd. Vs. A.E. Naik and ors.

Court : Mumbai

Subject : Company

Acts : Companies Act, 1956 - Sections 390, 391, 392, 439, 454, 474, 528 and 643

Reported in : [1967]37CompCas656(Bom)

petition involves a question of some complexity relating to the scope and effect of section 391 of the Companies Act,1956. 2. The petitioners are a public limited company carrying on the business of manufacturing textiles. They will be … only in damages shall be admissible to proof' against the company. This section may be read along with section 474, which provides: 'The court may fix a time or times within which creditors are to prove their debts

Mafatbhai V. Shah Vs. Secretary, Government of India

Court : Gujarat

Subject : Company

Acts : Constitution of India - Articles 226 and 227; Companies (Court) Rules, 1959 - Rules 127, 174, 311, 454 and 474; Companies Act, 1956 - Sections 551

Reported in : [2003]41SCL116(Guj)

Court for filing Statement of Accounts as required to be filed under Sections 462 and 551 of the Companies Act, 1956 in the prescribed form with regards to the Companies in Liquidation, I state and submit that the office … investigate and settle list of creditors. The relevant statutory provisions, in this regard, are to be found in Section 474 of the Act, and Rule 174 of the Rules. A conjoint and meaningful reading of the provisions of

Re-M/S Kamla Syntex Ltd. Vs..........

Court : Delhi

Subject : Education

the Public Account of India.4. Based on the above, it is pleaded relying upon section 474 of the Companies Act, 1956 (hereinafter referred to as ‘the Act, 1956’) read with Rule 178 of the Companies (Court) Rules that at

In Re: Tolaram Jalan and ors.

Court : Mumbai

Subject : Company

Acts : Companies Act, 1956 - Sections 63, 69(5), 70(5), 75(4), 101, 104, 141, 141(5), 159, 162, 166, 207, 209, 210, 211, 217, 220, 372(1), 372(2), 393(4), 474, 528, 529, 614, 633, 633(1) and 633(2); Companies Act, 1929 - Sections 141(3)

Reported in : AIR1959Bom245; (1958)60BOMLR1346; [1959]29CompCas34(Bom)

ORDER1. This is petition under Sub-section (2) of Section 633 of the Companies Act. 1956 for relief against liabilities for fines or penalties in regard to the failure of Filmistan Private Ltd. to … sections of the Act where the Legislature has used the word 'claim' such as Sections 101, 104, 429, 474 and 529 and it is clear from these sections that the meaning that can be attached to the

In Re: Mafatlal Industries Ltd.

Court : Gujarat

Subject : Company

Acts : Companies Act, 1956 - Sections 2, 2(11), 7, 39(2), 64, 75, 81, 81(1), 82, 84, 85, 86, 87, 88, 89, 90, 153, 173, 173(1), 173(2), 186, 206, 208, 209, 235, 236, 237, 238, 239, 240, 241, 242, 243, 244, 245, 246, 247, 248, 249, 250, 251, 391, 391(1), 391(2), 392, 393, 393(1), 393(2), 394, 394(1), 394A, 395, 397, 398, 425, 428, 429, 582 and 582(5)

Reported in : [1995]84CompCas230(Guj)

Spinning and . (hereinafter referred to as 'MFL' for brevity), the transferor company under section 391(2) of the Companies Act, 1956. * * * * 2. The transferor company, MFL, is proposed to be amalgamated with the petitioner company

Ganeshilal Gupta Vs. Bharatpur Oil Mills Through Official Liquidator

Court : Rajasthan

Subject : Company

Reported in : 1972WLN68

the applicant according to the law. The applicant shall pay Rs. 200/- as costs to the Official Liquidator. Companies Act 1956 - Section 474 & Companies (Court) Rules, 1959--Rule 177--Claim not proved within time fixed--Held, creditor can prove his

In Re: Kusum Products Limited and anr.

Court : Kolkata

Subject : Company

Acts : Companies Act, 1956 - Section 391

Reported in : [1999]98CompCas10(Cal)

Shyamal Kumar Sen, J.1. This is an application under Sections 391 and 394 of the Companies Act, 1956, for sanction of a scheme of amalgamation between the petitioners, Kusum Products Ltd. and Kusum Agrotech Ltd., (hereinafter … Shyamal Kumar Sen, J.1. This is an application under Sections 391 and 394 of the Companies Act, 1956, for sanction of a scheme of amalgamation between the petitioners, … See in Buckley on the Companies Acts, 14th edition pages 473 and 474 and Palmer on Company Law, 23rd edition para. 79,16).'64. In the instant

Vidyasagar Cotton Mills Ltd. Vs. Mt. Nazmunnessa Begum

Court : Kolkata

Subject : Company

Acts : Companies Act, 1956 - Sections 111, 155 and 155(1); ;Companies (Amendment) Act, 1960

Reported in : AIR1965Cal34,68CWN702

February. The closure was not in accordance with law because the requisite notice under Section 154(1) of the Companies Act, 1956 had not been given. On the 28th January the appellant company wrote to Nazmunnessa's attorneys stating that her … R. Shaw, in the matter of the Diamond Rock Boring Co. Ltd., (1877) 2 QBD 463 at p. 474. Nevertheless it was well settled under Section 38 of the Indian Companies Act and the corresponding sections of

income-tax Officer Vs. Official Liquidator

Court : Kerala

Subject : Company

Acts : Income Tax Act, 1961 - Sections 156, 220, 220(2) and 221; Companies Act, 1956 - Sections 446, 528, 529 and 530

Reported in : [1986]59CompCas514(Ker); [1986]158ITR791(Ker)

should have been recognised. This was dismissed on the ground that priority claimed under Section 530 of the Companies Act, 1956, could not be recognised. The Department filed A.S. No. 563 of 1974 challenging this order. The appeal was … contributories and cause assets of the company to be collected and applied in discharge of its liabilities. Under Section 474, the court may fix a time within which the creditors are to prove their debts or claims, or