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Feb 17 1999

Gujarat State Financial Services Ltd. Vs. Maegabyte Consultancy Servic ...

Court : Mumbai

Decided on : Feb-17-1999

Subject : Company

Acts : Companies Act, 1956 - Sections 434(1)

Reported in : [2003]115CompCas165(Bom)

the petition by order dated March 16, 1998, this court restricted the petition to Section 434(1)(c) of the Companies Act, 1956. 2. Section 434(1)(c) of the Companies Act reads as under : '434. (1) A company shall be

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Aug 10 1979

Seethai Mills Ltd. Vs. N. Perumalsamy and anr.

Court : Chennai

Decided on : Aug-10-1979

Subject : Company

Acts : Companies Act, 1956 - Sections 434(1)

Reported in : (1980)1MLJ443

in Company Petition No. 96of 1974 directing the winding up of the appellant-company under the provisions of the Companies Act, 1956, hereinafter referred to as the Act.2. The facts are not in controversy. The first respondent herein obtained … for a sum of Rs. 17,093.06 with further interest. The first respondent issued a notice as contemplated in Section 434(1) of the Act. The first notice was returned as 'left' and to a second notice issued to the

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Aug 10 1971

Registrar of Companies Vs. S. Sohanmull Golcha P. Ltd.

Court : Rajasthan

Decided on : Aug-10-1971

Subject : Company

Acts : Companies Act, 1956 - Sections 433 and 434(1)

Reported in : 1971(4)WLN329

', was presented by the Registrar of Companies, Rajasthan, on May 13, 1964, under Section 439(1)(e) of the Companies Act, 1956 (hereinafter referred to as ' the Act '), on the ground that the company was unable to … on the company by any of its creditors within the meaning of Clause (a) of Sub-section (I) of Section 434 of the Act. So also, it is not the case that any execution or other process issued on

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Mar 18 2003

Tata Iron and Steel Company Ltd. Vs. Jhalani Tools Ltd.

Court : Delhi

Decided on : Mar-18-2003

Subject : Company

Acts : Companies Act - Sections 125, 434 and 434(1); Sick Industrial Companies (Special Provisions) Act - Sections 20(2); Evidence Act - Sections 17

Reported in : 2003IIIAD(Delhi)547; 104(2003)DLT834; 2003(69)DRJ592; [2003]47SCL757(Delhi)

to as `the JTL') by virtue of a Notice dated 25th March, 1997 under Section 434 of the Companies Act (hereinafter referred to as `the Act') by which the petitioner (hereinafter referred to as `the TISCO') called upon

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Aug 22 1991

In Re: the Vysya Bank Ltd.

Court : Mumbai

Decided on : Aug-22-1991

Subject : Company

Acts : Companies Act, 1956 - Sections 434 and 434(1)

Reported in : 1992(2)BomCR176; (1991)93BOMLR500

A.A. Cazi, J.1. This is a petition under sections 433, 434 and 439 of the Companies Act, 1956 for winding up of the Company Randhir Steel & Alloys (P) Limited which has its registered officer … the petitioners show that the petitioners have complied with the provisions of Clause (a) of sub-section (1) of section 434 of the Companies Act, they will not succeed in this petition. The relevant portion of section 434(1)(a) reads

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Nov 03 1992

Devendra Kumar JaIn Vs. Polar Forgings and Tools Ltd.

Court : Delhi

Decided on : Nov-03-1992

Subject : Company

Acts : Companies Act, 1956 - Sections 434

Reported in : [1995]84CompCas766(Delhi); 49(1993)DLT552; 1992(24)DRJ598

parties in regard to liability to pay interest and validity of the notice under Section 434 of the Companies Act, 1956 (for short 'the Act'). I have heard learned counsel in support of these contentions.(4) Mr. Aggarwal, learned

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Aug 29 1996

Arvind Investment Consultant Vs. Presto Finance Ltd.

Court : Gujarat

Decided on : Aug-29-1996

Subject : Company

Acts : Companies Act, 1956 - Sections 434 and 439

Reported in : [1998]94CompCas350(Guj)

winding up order of the respondent-company, Presto Finance Limited, under section 433 read with section 439 of the Companies Act, 1956, is the sole question which has come up for adjudication in this petition. 2. The petitioner, Arvind … respondent-company to discharge its financial liability. 5. The petitioner, thereafter, was obliged to issue a statutory notice under section 434(1) of the Companies Act, dated February 2, 1996, demanding an amount of Rs. 88,000 along with the agreed

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Dec 14 1964

Harinagar Sugar Mills Ltd. Vs. M.W. Pardhan

Court : Mumbai

Decided on : Dec-14-1964

Subject : Company

Acts : Code of Civil Procedure (CPC), 1908 - Order 40, Rule 1; Companies Act, 1956 - Sections 434, 434(1) and 439

Reported in : AIR1966Bom4; (1965)67BOMLR294; ILR1965Bom531

the court Receiver issued statutory notice on 28 the June 1962 an under section 434 of the Indian companies act to the company requiring the company to make payment of Rupees twenty-five lakhs with interest to the Additional

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Sep 19 1968

In the Matter of Advent Corporation Pvt. Ltd.

Court : Mumbai

Decided on : Sep-19-1968

Subject : Company

Acts : Companies Act - Sections 434(1)

Reported in : [1969]39CompCas463(Bom)

Vimadalal, J. 1. This is a petition under section 433(e) of the Companies Act for the winding up of a company named Advent Corporation Pvt. Ltd. on the ground of its inability … to pay its debts, both by virtue of noncompliance with a statutory notice given under the provisions of section 434(1)(a) of the Companies Act, as well as on the ground of its being commercially insolvent. The petition was

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Jan 13 1989

N.L. Mehta Cinema Enterprises (P.) Ltd. Vs. Pravinchandra P. Mehta

Court : Mumbai

Decided on : Jan-13-1989

Subject : Company

Acts : Companies Act, 1956 - Sections 434; Companies (Court) Rules, 1959 - Rule 33

Reported in : 1989(3)BomCR101; (1989)91BOMLR92

fiction contained in an envisaged by other statutory provisions such as the one under section 434 of the Companies Act. Section 434 contains a legal fiction. It would be available against a company otherwise solvent which may not respond to

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