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Consumer Financial Services Limited v. L&T Housing Finance Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6080

The Delhi High Court sanctioned the Scheme of Amalgamation between Consumer Financial Services Limited and L&T Housing Finance Limited under Sections 391 to 394 of the Companies Act, 1956, dissolving the transferor company without winding up.

corporate petition_allowed

Rattanindia Nasik Power Ltd v. Bharat Heavy Electricals Ltd

Delhi High Court · 29 Aug 2016 · 2016:DHC:6069

The Delhi High Court held that unconditional Bank Guarantees are independent contracts unaffected by termination disputes and must be kept alive during arbitration to protect advance payments, modifying the Arbitral Tribunal's order releasing all guarantees.

civil appeal_allowed

Rattanindia Power Ltd v. Bharat Heavy Electricals Ltd

Delhi High Court · 29 Aug 2016 · 2016:DHC:6081

The Delhi High Court held that unconditional Bank Guarantees are independent contracts unaffected by termination of the underlying contract and must be kept alive during arbitration unless exceptional circumstances exist, modifying the Arbitral Tribunal's order to protect the appellant's interests.

civil appeal_allowed

AV Beverages Private Limited v. Solar Print Process Private Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6071

The Delhi High Court sanctioned the Scheme of Amalgamation between a wholly owned subsidiary and its holding company under Sections 391 to 394 of the Companies Act, 1956, dispensing with meetings of shareholders and creditors due to absence of objections.

corporate petition_allowed

HT Media Limited v. HT Digital Streams Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6087

The Delhi High Court sanctioned the Scheme of Arrangement between HT Media Limited and HT Digital Streams Limited under Sections 391 to 394 of the Companies Act, 1956 after requisite approvals and compliance with statutory requirements.

corporate petition_allowed

Chandpur Enterprises Limited v. VKM Industries Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6063

The Delhi High Court sanctioned a Scheme of Arrangement involving demerger of business divisions under the Companies Act, 1956, allowing procedural lapses to be rectified post-sanction.

corporate petition_allowed

Mukesh Bhatia v. Ram Gopal Gupta

Delhi High Court · 29 Aug 2016 · 2016:DHC:6085

The Delhi High Court dismissed the petition seeking forensic examination of a cheque at a late stage of a long-pending NI Act case, emphasizing prevention of undue delay and the need for timely bona fide applications.

criminal petition_dismissed

Lionforge Fracht Veranstalter Private Limited v. Balaji Infra Private Limited & Dighi Port Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6059

The Delhi High Court allowed the applicant company to dispense with convening shareholder and creditor meetings and sanctioned the Composite Scheme of Arrangement under Sections 391 and 394 of the Companies Act, 1956.

corporate appeal_allowed

Holistic Dentistry Private Limited v. Kaizen Builders and Developers Private Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6060

The Delhi High Court allowed the application to dispense with convening meetings of shareholders and creditors for approving a Scheme of Amalgamation where all parties consented in writing, under Sections 391 and 394 of the Companies Act, 1956.

corporate appeal_allowed

Elite Townships Private Limited v. Proud Buildwell Private Limited & Wisdom Infrahome Private Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6061

The Delhi High Court sanctioned a Scheme of Arrangement involving demerger and transfer of business undertakings after ensuring compliance with statutory and FDI policy requirements.

corporate petition_allowed

B.J. Duplex Boards Limited v. Regional Director, Northern Region

Delhi High Court · 29 Aug 2016 · 2016:DHC:6062

The Delhi High Court approved B.J. Duplex Boards Limited's petition for reduction of its share capital under the Companies Act, 1956 and 2013, confirming compliance with statutory requirements and absence of prejudice to creditors or shareholders.

corporate petition_allowed

Indeen Bio Power Limited v. Its shareholders

Delhi High Court · 29 Aug 2016 · 2016:DHC:6064

The Delhi High Court sanctioned a Scheme of Arrangement involving reduction and reorganization of share capital of Indeen Bio Power Limited under the Companies Act, 1956, after statutory approvals and no objections from regulatory authorities.

corporate petition_allowed

Abhishek v. State & Anr.

Delhi High Court · 29 Aug 2016 · 2016:DHC:6086

The Delhi High Court quashed an FIR under Section 308 IPC based on an amicable settlement between parties, exercising inherent powers under Section 482 Cr.P.C. to prevent abuse of process and secure ends of justice.

criminal petition_allowed

Rajpal v. State NCT of Delhi

Delhi High Court · 29 Aug 2016 · 2016:DHC:6084

The Delhi High Court dismissed the petition seeking cancellation of anticipatory bail granted to accused in a forgery case, holding that bail cannot be cancelled without cogent grounds such as interference with justice or abuse of bail.

criminal petition_dismissed

Narender Sagar & Ors. v. State (NCT) of Delhi & Ors.

Delhi High Court · 29 Aug 2016 · 2016:DHC:6083

The Delhi High Court quashed a non-compoundable FIR under Sections 308/323/34 IPC based on an amicable settlement, exercising its inherent power under Section 482 Cr.P.C. to prevent abuse of process and secure ends of justice.

criminal appeal_allowed

Ganges Concast Industries Limited v. Salasar Stainless Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6040

The Delhi High Court sanctioned the Scheme of Amalgamation between a wholly owned subsidiary and its holding company under the Companies Act, 1956, subject to compliance with procedural requirements and payment of costs.

corporate petition_allowed

Apra Automobiles Private Limited v. Registrar of Companies

Delhi High Court · 29 Aug 2016 · 2016:DHC:6072

The Delhi High Court allowed restoration of a company’s name struck off for non-filing of statutory documents under Section 560(6) of the Companies Act, 1956, emphasizing the interests of justice and compliance with procedural requirements.

corporate petition_allowed

CFR Asset Reconstruction India Limited v. Regional Director, Northern Region

Delhi High Court · 29 Aug 2016 · 2016:DHC:6073

The Delhi High Court approved the reduction of share capital of CFR Asset Reconstruction India Limited after ensuring compliance with statutory procedures and addressing objections raised by the Regional Director.

corporate petition_allowed

Marvel Institute of Technology Private Limited; Shiva Infosystem Private Limited; New Ways Buildwell Private Limited v. Yuga Estate Private Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6074

The Delhi High Court sanctioned a Scheme of Amalgamation under Sections 391 and 394 of the Companies Act, 1956 after finding compliance with statutory requirements and no objections from regulatory authorities.

corporate petition_allowed

Masterji Metalloys Private Limited v. Good Luck Steel Tubes Limited

Delhi High Court · 29 Aug 2016 · 2016:DHC:6075

The Delhi High Court sanctioned the Scheme of Amalgamation between Masterji Metalloys Private Limited and Good Luck Steel Tubes Limited under Sections 391 and 394 of the Companies Act, 1956, dissolving the transferor company without winding up.

corporate petition_allowed