Assets - Judgment Search Results

Syndicate Bank, a Bank Constituted Under the Central Act 5 of 1970 Rep ...

Court: Karnataka

Reported in: AIR2007Kant125; III(2008)BC274; [2007]138CompCas867(Kar); ILR2007KAR2449; 2007(6)KarLJ171

..... petitioner through its authorised officer under the provisions of the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 the act for short 2 brief facts ..... properly incurred from the borrower the expenses incurred for preservation and protection of secured asset cannot be termed as improper expenses therefore the action of the bank in engaging .....

Ghanta Infrastructures Ltd., a Company Incorporated Under the Provisio ...

Court: Andhra Pradesh

Reported in: 2008(2)ALT611

..... reconstruction company and securitisation company to mean companies formed for the purpose of asset reconstruction and securitisation respectively ii section 3 provides for the compulsory registration of ..... resolutions unanimously resolved that the sanction letter issued by arcil declaring pinnacle overseas assets limited as the successful bidder containing inter alia the terms and conditions .....

GSL (India) Ltd. Vs. Asset Reconstruction Co. (India) Ltd. and Others

Court: Mumbai

..... the government found that there was no legal provision for facilitating securitisation of financial assets of banks and financial institutions further unlike international banks the banks and financial ..... germane to our purpose deals with the regulation of securitisation and reconstruction of financial assets of banks and financial institutions 19 thereafter chapter iii deals with enforcement of .....

Pan India Motors Pvt. Ltd. Vs. Asset Reconstruction Company (India) Lt ...

Court: Mumbai

..... exchange of debenture certificates with allotment letters within stipulated time failing to insure the fixed assets failing to register the debenture trust deeds and more the last extension of time sought ..... 226 article 227 recovery of debts due to banks and financial institutions act 1993 financial assets and enforcement of security interest act 2002 limitation act 1963 article 127 compliance of sale .....

Shree Rama Multi-tech Ltd. and anr. Vs. Asset Reconstruction Company ( ...

Court: Gujarat

Reported in: (2007)2GLR1230

..... earlier learned senior advocate shri nanavati for the petitioners had contended that the borrowers whose assets are being taken possession of or management of whose factory is being taken over would ..... application made to it and thereafter take action under the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 37 first proviso to sub section 1 of .....

Kumar Metallurgical Corporation Limited Rep. by Its Director, Sri. M. ...

Court: Andhra Pradesh

Reported in: 2010(3)ALT412

..... and thereafter they approached the district magistrate and collector nalgonda under section 14 of the sarfaesi act for taking over possession of the plant belonging to the petitioner company the district ..... provided also that on or after the commencement of the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 where a reference is pending before the .....

Alpha and Omega Diagnostics India Ltd. Vs. Asset Reconstruction Compan ...

Court: Mumbai

..... on 17th december 2002 and it is to regulate securitisation and reconstruction of financial assets and enforcement of security interest and for matters connected therewith or incidental thereto incidentally ..... the securitisation act is entitled as regularisation of securitisation and re construction of financial assets of banks and financial institutions therein section 5 appears which reads as under 5 .....

Ashok Organic Industries Ltd. a Company Incorporated Under the Compani ...

Court: Mumbai

Reported in: 2008(3)BomCR78; (2008)110BOMLR531; [2008]114CompCas144(Bom); (2008)3CompLJ61(Bom)

..... its creditors or shareholders and direct the sick industrial company not to dispose of its assets except with its assent section 32 as noticed hereinbefore again contains a non obstante clause ..... by counsel for intervenor this may include setting up of committees of management sale of assets termination of legal proceedings determination of quantum owed to creditors reduction in share capital etc .....

Vasant Dyeing and Printing Works and 3 Vs Asset Reconstruction Company ...

Court: Gujarat

..... principal borrower company on 27th september 2005 subsequently the bank assigned the debt to respondent asset reconstruction company india limited hereinafter referred to as arcil on 1st february 2006 the ..... settle with the guarantor in case the provisions of the securitization and reconstruction of financial assets and enforcement of security interest act 2002 or the rules framed there under are .....

Excel Dealcomm Pvt. Ltd. Vs. Asset Reconst. Company (India) Ltd. and O ...

Court: Supreme Court of India

..... industrial area midc shil mahape road new mumbai maharashtra hypothecation of the whole of movable assets of uniworth situate at ttc industrial area midc shil mahape road new mumbai maharashtra ..... authorised officer of the name of the institution under the securitization and reconstruction of financial assets and enforcement of security interest act 2002 and in exercise of the powers conferred under .....