agreements itself.
7 Impugned notices dated 25 August 2016, of the
Respondents are for invocation of Pledge of shares as per the
Agreements, as there ... inclined to observe that by the
impugned notices, the invocation of equity shares based upon the
Pledge Agreements, in the facts and circumstances, cannot
Arbitration Agreement between STCI and
respondent nos. 2 and 3, invocation of arbitration against them was without
any basis and bad in law.
12. Insofar ... being the signatories to the Share Pledge Agreement. The
Arbitrator further noticed that Article 1 of the Facility Agreement was
incorporated into the Share Pledge
require the promoters who are majority
shareholders in defendant No.10, to pledge 100% of their shares in the
defendant No.10 company, and also ... total debt by value and 77% by number. Accordingly, SDR
invocation was approved by majority- both by number and by value. Mr.
Vashisht submits that
Blue Coast Hotels Limited vs Ifci Limited And 3 Ors on 23 March, 2016
Author
Blue Coast Hotels Ltd vs Ifci Limited And Anr And Pacl Limited ... on 23 March
Subway Systems India Private Limited ... vs State Of Maharashtra And 3 Ors on 11 August
Shree Sainath Wires Pvt. Ltd. & Anr. vs Pec Limited & Anr. on 20 December
Canbank Financial Services Ltd. vs Sfl Industries Ltd. & Anr on 9 November, 2016
Author
Fernas Construction Company Inc vs Gujarat State Petronet Ltd & on 21 October, 2016
Author
Stephen Bernard vs M/S.Thomas Steaphen & Company Limited on 1 February, 2016
Author
