Judgment Search Results Home > Cases Phrase: companies amendment act 2002 Court: chennai Page 1 of about 11,898 results (0.096 seconds)

Thiru. R. Gandhi President, Madras Bar Association Vs. Union of India ...

Court : Chennai

Reported in : [2004]120CompCas510(Mad); (2004)2CompLJ274(Mad); 2004(2)CTC561; [2004]52SCL79(Mad)

..... constituted courts. 123. in the light of foregoing discussions it is declared that until the provisions in parts 1b and 1c of the companies act introduced by the companies (amendment) act, 2002, which have been found to be defective in as much as they are in breach of the basic constitutional scheme of separation of ..... years is provided for persons appointed as members of the consumer forums under the consumer protection act, 1986.67. it is only in the companies (amendment) act, 2002 and in the competition act, both enactments being of the year 2002, the term of office is specified as three years, even after the seven judge bench of ..... appellate tribunal to exercise the jurisdiction now excercised by the high courts or the company law board.124. petitioners have also challenged the validity of certain provisions of the companies (amendment) act, 2002, whereby certain powers currently exercised by the company law board, some of which were earlier exercised by the court, were transferred to .....

Shree Mahabaleswara Auto Industries (P) Ltd. Vs. Union of India, Repre ...

Court : Chennai

Reported in : 2012(7)MLJ805

..... national company law tribunal (nclt) and on setting up of the said tribunal, all the matters relating to companies which were earlier handled by various high courts, company law board, board for industrial and financial reconstruction (bifr) and appellate ..... main objective of expediting the revival/rehabilitation of a sick company and protection of workers interest, which were incorporated in the companies (amendment) bill, 2001. the said bill was subsequently passed by both the houses of the parliament and finally got the assent of the president of india on 13th january, 2002 and became the companies (amendment) act, 2002. 19. this bill provides for setting up of the .....

S. Pattabhiraman Vs. Registrar of Companies

Court : Chennai

Reported in : [2009]148CompCas705(Mad); [2009]96SCL305(Mad)

..... of any of the members of a company can either call for or direct for a general meeting ..... which penalty is imposed under section 168 of the act, certainly stands on a different footing on the factual circumstances of the case. under section 166 of the act, convening of annual general meeting is a mandatory duty cast on every company. under section 167 of the companies act, as amended by the companies (second amendment) act, 2002 see [2003] 113 comp cas 201, the central government on the application .....

P.Kumar Vs. Secretary to Government

Court : Chennai

..... court, wherein, a same view was taken. further, according to the learned counsel for the petitioner, chapter iv a was never notified as required under the companies (second amendment) act, 2002. therefore, according to him, it is only ".company law board"., which has got power to make recommendation and on whose recommendation, a director can be removed.7. today, four experts in the said subject ..... professor of commerce, government arts college, nandanam. this court had the benefit of hearing them also. according to them, as per section 388-e of the act, which was introduced by means of companies (second amendment) act, 2002, the ".tribunal". alone is competent to make a recommendation to the central government for removal of a director.8. i have considered the above submissions.9. the .....

Salem Textiles Limited Vs. Authorized Officer of Phoenix Arc Private L ...

Court : Chennai

..... proceedings for the revival of rehabilitation of a sick company, before the national company law tribunal.30. closely on the heels of the companies (second amendment) act, 2002, came the securitisation act, 2002. while the companies (second amendment) act, 2002 received the assent of the president on 13.1.2002, the securitisation act, 2002 received the assent of the president on 17.12.2012. while the companies (second amendment) act, 2002 sought among other things, to create a national ..... company law tribunal as a substitute for bifr, the securitisation act, 2002 sought to make inroads into the .....

Vivek Hire Purchase and Leasing Limited Rep. by Its Vice President, Mr ...

Court : Chennai

Reported in : [2006]129CompCas343(Mad); 2005(1)CTC524; (2005)2MLJ8; [2005]62SCL245(Mad)

..... 434. under sub-clause (a) of section 434(1), if a creditor, by assignment or otherwise, to whom the company is indebted in a sum exceeding rupees one lakh (substituted for rs. 500 by companies (second amendment) act, 2002) then due, has served on the company, by, causing it to be delivered at its registered office, by registered post or otherwise, a demand under his hand ..... requiring the company to pay the sum so due and the company has for three weeks thereafter neglected to pay the sum, or to .....

New Bridge Holdings B.V. Vs. Ttk-lig Limited and ors.

Court : Chennai

..... , or carries on business or personally works for gain. [provided that the provisions of this section shall not apply on and after the commencement of the companies (second amendment) act, 2002.] 11. section 10 of the contempt of courts act, 1971 confers a power on the high court to punish contempts of subordinate courts. by that provision, every high court shall have and exercise the ..... from 24.12.97. by virtue of the proviso inserted by the companies (second amendment) act, 2002, the said provision shall not apply on and after the commencement of the said amendment act. the amendment act came into force with effect from 13.12.2002. hence, the reliance placed by the respondents over the power of the company law board to enforce its order in terms of section 634a instead .....

Kone Elevator India Pvt. Ltd. Vs. Commercial Tax Officer of Mandaveli ...

Court : Chennai

..... (2) of the tamil nadu general sales tax act, 1959 (for short, 'the tngst act') read with section 9(2) of the cst act relating to the assessment year 2003-2004 in view of the amendment made to the said section by clause 144 of the finance act, 2002.2. the case of the petitioner-company from the pleadings reveals that they are dealer in ..... lifts and lift components and is a limited company and an assessee on the file of the first respondent. they have got 27 ..... 2003-2004 in view of the amendment made to the said section by clause 144 of the finance act, 2002. for petitioner : mr.r.l.ramani, senior counsel for mr.chandran karuppiah for respondents : mr.a.r.jaya prathap, govt. advocate for rr-1 & 3 mr.p.mahadevan, cgsc for r-2 order the petitioner-company has come before this court seeking .....

Madras Techno Marine Enterprises Ltd. and anr. Vs. Regional Director, ...

Court : Chennai

..... sub-section (5) of section 3 that if the companies fails to effect increase, it shall be deemed to be a defunct company under section 560 and its name shall ..... be struck off from the register maintained by the registrar of companies. thus in terms of the amended provision an existing company having ..... existing public and private companies shall increase their paid-up capital up to the required minimum amount prescribed in either clause iii or clause iv within a period of two years from the date of commencing of amendment act 2000. the period of two years came to an end on 12.12.2002 and the amending act, further, provided under .....

Indian Overseas Bank, K. Abishekapuram Branch Rep. by the Authorized O ...

Court : Chennai

Reported in : AIR2009Mad10

..... valid.7. we are unable to accept the submission of the learned counsel for the respondent. section 13(3-a) of the sarfaesi act, which was incorporated by the amendment act 30 of 2004, provides that if, on receipt of the notice under sub-section (2), the borrower makes any representation or raises any ..... tiruchirappalli for taking possession of secured assets under section 14(1) of the securitisation and reconstruction of financial assets and enforcement of security interest act, 2002 (hereinafter called as sarfaesi act). as the learned chief judicial magistrate, tiruchirappalli had dismissed the said application, the petitioner has preferred this petition before this court under ..... 2007.2. the petitioner herein is indian overseas bank, a nationalised bank, who is a secured creditor. the first respondent herein is a public limited company, who is a principal borrower and the second respondent is the managing director and the third respondent is the director and also the guarantor and the .....