IOC from M/s NEPC India Limited and M/s
Skyline NEPC Limited within a time frame. However, M/s NEPC
India Limited had failed ... fitted therein belong to NEPC India, and that a charge was
created thereon by NEPC India, in favour of IOC, by way of
hypothecation
fitted therein belong to NEPC India, and that a charge
was created thereon by NEPC India, in favour of IOC, by way
of hypothecation ... Possession of the aircraft, neither
actual nor symbolic, was delivered to IOC. NEPC India was
entitled to use the aircraft and maintain it in good
fitted therein belong to NEPC
India and that a charge was created thereon by NEPC
India, in favour of IOC, by way of hypothecation ... Possession of the aircraft, neither actual nor
symbolic, was delivered to IOC. NEPC India was entitled
to use the aircraft and maintain
fitted therein belong to NEPC India, and
that a charge was created thereon by NEPC India in favour
of IOC by way of hypothecation ... Possession of
the aircraft, neither actual nor symbolic, was delivered to
IOC. NEPC India was entitled to use the aircraft and
rt
maintain
value of the hypothecated property without clearing the outstanding due to IOC. Thus NEPC had been bound by the contractual clause. NEPC India Limited ... IOC and also committed default in payments to be made to IOC. A private complaint was filed against the directors of NEPC for offences punishable
fitted therein belong to NEPC India, and that a charge was created thereon by NEPC India in favour of IOC by way of hypothecation ... favour of IOC, and vis-a-vis such "beneficial interest" of IOC, the possession of the property by NEPC India
NEPC
India Ltd. & Ors. ; AIR 2006 SC 2780, the respondent/NEPC,
owner, had hypothecated its two aircrafts with all parts and
accessories to IOC ... from
Airport to a place outside its reach, the appellant, IOC,
obtained injunction restraining NEPC India from removing the
Crl. M.C. Nos.1942/2004
NEPC 's case reported in 2006 [4] CTC 60, the facts are somewhat similar to the facts of this case. In that case, NEPC ... fuel supplied by IOC. During the pendancy of the hypothecation, it was alleged by IOC that NEPC had removed the engines from the 2 Aircrafts
placed to a decision of the Apex Court in IOC Vs. NEPC, (2006) 6 SCC 736.
The Apex Court in Amit Kapoor vs. Ramesh Chander
State by Deputy Superintendent of Police ,
VAC), 2006 4 CTC 60 (IOC Vs. NEPC) and 2013 11 SCC 476 ( Sheoraj
Singh Ahlawat and others
