Judgment Search Results Home > Cases Phrase: state agricultural credit corporations act 1968 section 28 recovery of moneys due to the corporation Court: sebi securities and exchange board of india or securities appellate tribunal sat

Guru Teak Investment (Mysore) Vs. Securities and Exchange Board of Ind ...

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Reported in : (2005)64SCL403SAT

..... of the scheme have been conducted by the credit rating agency icra limited. the schemes had been audited by ssb & associates, chartered accountant. a trust had been formed with trust deed dated 31/03/2001 named gti unit holders trust. the scheme has also been appraised by the agricultural finance corporation.9. it appears that all other conditions ..... funds. the learned senior counsel for the appellant submitted that the appellant filed the above application praying for certain conditions to be lifted and for the reasons stated in the affidavit. it is for sebi to consider the application sympathetically in accordance with law during the pendency of the matter before sebi in the interest ..... sum of rs.50,00,000/- (fifty lakhs only) as directed in the interim orders and the appellant has been complying with the other terms and conditions stated in the interim orders. "3. the appellant submits that it had invested the amounts collected by it under the schemes completely and it did not have liquid .....

In Re: Guru Teak Investments

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... by an appraising agency within a period of one year from the date of grant of provisional registration. gtil has submitted the appraisal report prepared by agricultural finance corporation. however, there is no authentication received from the said appraisal agency about the appraisal report. some of the observations made in the appraisal report ..... provisional registration was communicated vide letter dated 09.07.2001 subject to the conditions as specified under regulations 71.such conditions inter alia included obtaining of credit rating of the schemes, appraisal of the scheme, creation of trust etc.2. pursuant to the grant of provisional registration the company vide its ..... a bearing on the provisional registration granted to you. no such information has been filed with sebi, after provisional registration. however, the appraisal report states that in order to meet the interim payment to the investors the company has initiated steps for development of modern dairy at two locations. it also .....

Indian Syntans Investments Pvt. Vs. Bayer Cropscience Ag, Aventis

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Reported in : (2006)69SCL253SAT

..... share capital of aventis cropscience holdings sa, france (for short the holding company) from aventis sa france and schering ag, germany. the holding company was engaged in agricultural business worldwide including india and it held 67.08% of the share capital of the target company in india. with the acquisition of the holding company, the acquirer ..... transfer of shares of the acquirer company, if the person seeking to acquire the shares is a listed body corporate; or (c) by exchange and/or transfer of secured instruments with a minimum of "a" grade rating from a credit rating agency; (2) for the purposes of sub-regulation (1), the minimum offer price shall be the ..... global acquisition.reference to this finds mention in the letter dated july 15, 2002 addressed by the merchant banker of the acquirer to the board wherein it was stated as under: we confirm, on behalf of bayer cropscience ag, that no due diligence, in particular no financial due diligence, has been carried out with respect .....