accommodation entries.
18. It was therefore contended that the conversion of OCDs into
equity shares was a commercially driven decision within ... essentially rests on the
absence of commercial expediency in the conversion of OCDs into
equity and the subsequent inter-corporate movement of funds. In
this
received Rs. 315 Crores upon
issuance of Optionally Convertible Debentures (OCD) which were
subsequently converted to CCPS and the proceeds thereof were to be
utilized
Authorised Rerrasentative Ashak Kumar vs E Agcurois Dated 30-04-2018 Of on 30 April
Authorised Rerrasentative Ashak Kumar vs E Agcurois Dated 30-04-2018 Of on 30 April
Authorised Rerrasentative Ashak Kumar vs E Agcurois Dated 30-04-2018 Of on 30 April
Authorised Rerrasentative Ashak Kumar vs E Agcurois Dated 30-04-2018 Of on 30 April
Authorised Rerrasentative Ashak Kumar vs E Agcurois Dated 30-04-2018 Of on 30 April
Authorised Rerrasentative Ashak Kumar vs E Agcurois Dated 30-04-2018 Of on 30 April
Authorised Rerrasentative Ashak Kumar vs E Agcurois Dated 30-04-2018 Of on 30 April
Authorised Rerrasentative Ashak Kumar vs E Agcurois Dated 30-04-2018 Of on 30 April
