manner. The Debenture Trust Deed envisaged ―Early
Redemption‖, ―Mandatory Redemption‖ and ―Final
Redemption‖, of the Debentures.
(x) ―Early Redemption‖ was covered by Clause ... First
Tranche, was deposited by the concerned Debenture Holder.
(xi) Early Redemption required the petitioner to issue a
written notice, to the Debenture Trustee, stating
private placement basis. Respondent No.4
became entitled to early redemption of private placement
NCDs in March, 2019 due to the down grading in ratings ... Respondent No.1
failed to pay the entire amount towards the early
redemption.
2. By an order dated 30.09.2019, the High Court of
Judicature
bother to read the terms and conditions of allotment
including the early redemption clause. These are serious lapses
on the part of the petitioner
Trust Deed. The Petitioners have also been
consistent in their demand for redemption of the
debentures as stipulated under the terms of the
Debenture Trust ... well
as the prepayment penalty (which is triggered if the
early redemption is on account of the Company's
default):
a) Debenture Holder
bonds are redeemable on
17-Mar-2025 with the opinion of early redemption from fifth
year on interest payment dates.
Application Receiving Office.
SOVEREIGN
GOLD
undertaking to pay the balance amounts of
redemption fine in lieu of confiscation. Inasmuch as the redemption fine was in
lieu of confiscation ... obtained the benefit against confiscation
of the vehicles as early as in 2015, the redemption fine cannot be seen as 'any
other amount
voluntary offer of remaining payment of
the amount by way of redemption, this Court is of the considered view
that for the said period ... writ petition filed by the petitioners came to be dismissed as early
as on 11.12.2018, they should have taken immediate and necessary
steps to refund
death of the
husband of the petitioner was rendered as early as on 20.12.2005.
Even according to the 3rd respondent, the application seeking ... order awarding as compensation a lump sum whether
by way of redemption of a half-monthly payment or otherwise
or disallowing a claim in full
within the time stipulated, a final decree to terminate the suit for
redemption is only under Rule 8 of Order 34 of CPC . Therefore, this ... redemption. The contentions of the review applicant and the
inconsistencies would only expose the review applicant's attempt to delay
the redemption by refusing
within the time stipulated, a final decree to terminate the suit for
redemption is only under Rule 8 of Order 34 of CPC . Therefore, this ... redemption. The contentions of the review applicant and the
inconsistencies would only expose the review applicant's attempt to delay
the redemption by refusing
