outstanding amount of Rs.
616,09,48,616/-.
iii. Pledge Invocation Notice
dated 12th June, 2020
thereby invoking ... pledged shares under the
Share Pledge Agreement to
recover the amounts due
and payable by Essel.
iv. Invocation of Corporate
Guarantee Notice dated
12th June
World Crest Advisors Llp vs Catalyst Tursteeship Ltd. And 9 Others on 4 September, 2023
issued Invocation Notices to the defendant no.3
invoking the pledge created by the plaintiff under the SPA over his shares as
also the pledge ... entitled to sell the pledged shares to a third party or
to appropriate the same. Aggrieved by the invocation notice dated
03.02.2022, the plaintiff filed
from the `Lender Consortium', in time, and this was not noticed by the
`Adjudicating Authority, at the time of passing of `impugned order ... Corporate Debtor', and after the
`Issuance of Notice', for `Invocation of Pledge', dated 26.02.2019,
40.38% of the `Equity Shares
Bill") on account of
invocation of pledge which was arbitrary levied since
no charge for "Invocation of Pledge was mentioned in
Schedule ... basis and rationale of
levying such arbitrary charge on invocation of pledge,
which was not provided to the Company Yet in view of
Company
Bill") on account of
invocation of pledge which was arbitrary levied since
no charge for "Invocation of Pledge was mentioned in
Schedule ... basis and rationale of
levying such arbitrary charge on invocation of pledge,
which was not provided to the Company Yet in view of
Company
that the
securities are available for pledge shall make a
note in its records of the notice of pledge and
forward the application ... Subject to the provisions of the pledge document,
the pledgee may invoke the pledge and on such
invocation, the depository shall register the pledgee
that the
securities are available for pledge shall make a
note in its records of the notice of pledge and
forward the application ... Subject to the provisions of the pledge document,
the pledgee may invoke the pledge and on such
invocation, the depository shall register the pledgee
that the
securities are available for pledge shall make a
note in its records of the notice of pledge and
forward the application ... Subject to the provisions of the pledge document,
the pledgee may invoke the pledge and on such
invocation, the depository shall register the pledgee
that the
securities are available for pledge shall make a
note in its records of the notice of pledge and
forward the application ... Subject to the provisions of the pledge document,
the pledgee may invoke the pledge and on such
invocation, the depository shall register the pledgee
