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Shamrao Vithal Co-operative Bank Ltd. Vs. Star Glass Works
Mumbai
Dec-17-2002
Banking
Recovery of Debts Due to Banks and Financial Institutions Act, 1993 - Sections 2; Banking Regulation Act, 1949 - Sections 5 and 56
2003(2)ALLMR583; 2003(3)BomCR347; [2003]114CompCas378(Bom); [2003]42SCL769(Bom)
jurisdiction over the matter as the 1st petitioner-bank is a Co-operative Bank and not a Company under the Companies Act, 1956. Aggrieved thereby the petitioners preferred the appeal before the Debt Recovery Appellate Tribunal. The said appeal was dismissed … Clause (c) of Section 5 of Banking Regulation Act, 1949, the Co-operative Bank is included by virtue of Section 56(a)(i) of Banking Regulation Act which provides that unless context otherwise requires, reference to 'Banking Company' shall be construed
Tag this Judgment! AI Brief & AskSmt. Sharda Mahajan Vs. Maple Leaf Trading International (P) Ltd.
Delhi
Mar-26-2007
CompanyContract
Companies Act, 1956 - Sections 433, 433, 434(1) and 439; Prize Chits and Money Circulation Scheme (Banning) Act, 1978; Foreign Exchange Regulation Act, 1973; Contract Act - Sections 32, 56 and 65; Code of Civil Procedure (CPC) - Sections 60 - Order 37
[2007]139CompCas718(Delhi); (2007)2CompLJ455(Del); [2007]78SCL367(Delhi)
Sanjiv Khanna, J. 1. The present petition for winding up under Sections 433(e), 433(f) and 439 of the Companies Act, 1956 (hereinafter referred to as the Act) has been filed against Maple Leaf Trading International (P) Ltd., (hereinafter referred … period after service of notice. 26. I need not dwell further on this aspect as in view of Section 56 read with Section 65 of the Contract Act, a debt is due and payable by the respondent company
Tag this Judgment! AI Brief & AskKisan Mehta and Another Vs. Universal Luggage Manufacturing Co. Ltd. a ...
Mumbai
Jan-29-1987
Company
Companies Act, 1956 - Sections 6, 56, 62 and 63
[1988]63CompCas398(Bom)
contained in the prospectus are false, it can be said that they are issued in violation of the Companies Act, 1956. In particular, they rely on section 56 of the Companies Act and submit that the first defendant-company have
Tag this Judgment! AI Brief & Ask18-section briefs on any result in this list
Punjab Distilling Industries Ltd. Vs. Commissioner of Income-tax, Punj ...
Supreme Court of India
Feb-09-1965
Direct Taxation
Indian Income-tax Act, 1922 - Sections 2, 2(6A), 12(1A), 16(2), 16(3) and 23A(1); Indian Companies Act, 1913 - Sections 55(1), 56, 60, 61, 61(4), 62 and 100 to 103; Finance Act, 1956; Indian Income-tax (Amendment) Act, 1939 - Sections 2(6A); Government of India Act, 1935 - Sections 100; Income-tax Act, 1961 - Sections 2(22) and 8; Company Law; Income-tax Law
[1965]3SCR1; 1965AIR1862
55 (1), 56, 60, 61, 61 (4), 62 and 100 to 103 of Indian Companies Act, 1913, Finance Act, 1956, Section 2 (6A) of Indian Income-tax (Amendment) Act, 1939, Section 100 of Government of India Act, 1935, Sections 2
Tag this Judgment! AI Brief & AskKanwar Deep Singh Etc. Vs. State of West Bengal
Kolkata
Oct-08-2002
CriminalCompany
Code of Criminal Procedure (CrPC) , 1974 - Section 482; ;Companies Act, 1956 - Sections 56(3), 63, 68 and 624
2004CriLJ1116
a Company named and styled as M/s. Tubrao Infotech and Industries Ltd., a Public Limited Company under the Companies Act, 1956, filed separate applications under Section 482 of the Code of Criminal Procedure, 1973 praying for quashing of the … been filed by the Security Exchange Board of India (hereinafter referred to as SEBI for brevity) under Section 56(3), 63 and 68 of the Companies Act, 1956 and it is still pending before the Court of the
Tag this Judgment! AI Brief & AskPatel Engg. Co. Ltd. Vs. Official Liquidator
Mumbai
Feb-27-2004
Company
Companies Act, 1956 - Sections 460; Maharashtra Rent Control Act, 1999 - Sections 56
2004(4)BomCR898; [2005]127CompCas645(Bom); [2004]52SCL603(Bom)
of this order for four weeks. Stay granted, as prayed for. Company - possession - Section 460 of Companies Act, 1956 and Section 56 of Maharashtra Rent Control Act, 1999 - applicant owner of property - prayed that official
Tag this Judgment! AI Brief & AskB.R. Bajaj and ors. Vs. State of Maharashtra and anr.
Mumbai
Jul-17-2007
Company
Companies Act, 1956 - Sections 56, 58, 60(3), 63, 63(1) and 63(2); Securities and Exchange Board of India Act, 1992 - Sections 3; Negotiable Instruments Act, 1881 - Sections 138, 141 and 141(1); Code of Criminal Procedure (CrPC) - Sections 482; Constitution of India - Article 227
[2009]148CompCas636(Bom)
11,1994 and the issue opened for subscription on May 16,1994, with the earliest closing date was May 19,1994. Section 56 of the Companies Act, 1956, stipulates that all material facts specified in Part-I of Schedule-II and the report … learned Additional Chief Metropolitan Magistrate, 37th court, Esplanade, Mumbai, for an offence punishable under Section 63 of the Companies Act, 1956.2. M/s. Omega Ag-Seeds (India) Ltd. and M/s. Punjab Agro Industries Corporation (PAIC) signed a financial collaboration agreement on
Tag this Judgment! AI Brief & AskKothari Orient Finance Ltd. Vs. Tele Data Informatics Ltd. and ors.
Chennai
Aug-10-2000
Company
Companies Act, 1956 - Sections 56; Code of Civil Procedure (CPC) , 1908 - Order 39, Rule 1
[2002]108CompCas863(Mad)
first respondent is also entitled to costs of Rs. 5,000. Company - public issue - Section 56 of Companies Act, 1956 - applicant was creditor of respondent company - respondent launched public issues - public issue challenged - appellant
Tag this Judgment! AI Brief & AskAndritz Oy, Rep. Through Power of Attorney Agent, Mr. Siraj Ahmad Vs. ...
Chennai
Jun-05-2007
ArbitrationCompany
Arbitration and Conciliation Act, 1996 - Sections 2, 2(1), 7, 7(1), 7(2), 7(3), 7(4), 7(5), 8, 11(6), 16, 16(1), 44 to 52, 53 and 54 - Schedule - Article 11(2) and 11(3); Companies Act, 1956 - Sections 2(35), 3, 3(1), 26, 28, 31, 36, 39, 40, 79 and 82; Transfer of Property Act; Arbitration Act, 1940 - Sections 7, 8(2) and 47(1); Contract Act, 1872 - Sections 2, 19, 19A, 20, 23 to 30, 35, 36 and 56; Code of Civil Procedure (CPC) , 1908 - Order 6, Rules 2 and 4 - Order 7, Rule 14(1); United Nations Commission on International Trade Law, 1985; United Nations Commission on International Trade Law Conciliation Rules, 1980; Arbitration of the International Chamber of Commerce Rules
2007(3)ARBLR545(Madras)
respondent/plaintiff is that the second defendant being a private limited company, is governed by the provisions of the Companies Act, 1956 and its own Memorandum and Articles of Association and that, therefore, no agreement can be enforced de hors … void ab initio. Dealing with a case where a contract got frustrated and became impossible of performance, attracting Section 56 of the Contract Act, the Supreme Court held in Naihati Jute Mills Ltd. v. Khyaliram Jagannath (1968) 2
Tag this Judgment! AI Brief & AskRaymond Synthetics Ltd. and Others Vs. Union of India and Others
Supreme Court of India
Feb-04-1992
Company
Companies Act, 1956 - Sections 2(31), 3(2), 4, 5, 51, 55, 56, 57, 58, 60, 69(5), 73(2-A, 3 and 4), 530, 641, 642 and 732(A); Securities Contracts (Regulations) Act, 1956 - Sections 22; Capital Issues (Control) Act, 1947; Companies (Amendment) Act, 1988; Companies (Amendment) Act, 1974; Companies (Central Government's) General Rules and Forms (Second Amendment), 1991; Constitution of India - Article 226; Transfer of Property Act - Sections 60; Uttar Pradesh Sugarcane Cess Rules, 1956 - Rule 4
AIR1992SC847; [1992]73CompCas762(SC); JT1992(1)SC463; 1992(1)SCALE264; (1992)2SCC255; [1992]1SCR481
2038 of 1991 is, when does a company become liable to pay interest under Section 73(2A) of the Companies Act, 1956 (the 'Act'). The answer to it depends on the answer to the more fundamental and far more difficult … (3) it is provided that the Registrar shall not register a prospectus unless the requirements of Sections 55, 56, 57 and 58 and Sub-sections (1) and (2) have been complied with. Section 62 deals with civil liability
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