definition of related
party, what is required to be established is, whether
a person is in a position to control the composition of
the Board ... control' the affairs of
the 'Corporate Debtor', to fall within the ambit of the definition of
'Related Party' as defined
company cannot amount to control. "Control"
here, as contrasted with "management", means de facto control of
actual management or policy decisions ... facto proactive or positive control, and not mere
negative control which may flow from an expansive reading
of the definition of the word "control
definition of related
party, what is required to be established is, whether
a person is in a position to control the composition of
the Board ... control' the affairs of
the 'Corporate Debtor', to fall within the ambit of the definition of
'Related Party' as defined
Confederation Of All India Traders vs Competition Commission Of India on 13 June, 2022
NATIONAL
Confederation Of All India Traders vs Competition Commission Of India on 13 June, 2022
NATIONAL
Navayuga Engineering Company Limited vs Mr. Umesh Garg Resolution Professional ... on 16 February, 2024
Author
term, the lender is 'hypothetically' in control of the
property; that the definition of 'Hypothecation', 'Charge', 'Secured
Asset
Learned Counsel for the Appellant points out that the definition of
Section 2(27) 'control' as per the Companies Act, 2013 shall include ... control' employed under Section 5(24) of the 'I&B' Code is to be
interpreted in accordance with the definition provided
Jaiprakash Associates Ltd vs Competition Commission Of India & Ors on 25 July, 2018
1
clear from the definition of person that trust is defined as persons and
when we look at the definition of a related party in Section ... SAIT, which is a trust is also controlled by
TAIML as Investment Manager/ Settlor, which further controls 100% of PCPL
and SIPL, which again hold
