pledged its shares with
Aapico has challenged the invocation of shares before the
High Court UK and the High Court has found prima facie
case ... loan by the ABT-UK, shares in SGAH,
the Aapico invoked the share charge and appropriated 50.01% shares of ABT-
UK in August, 2019. Thus
pledged its shares with
Aapico has challenged the invocation of shares before the
High Court UK and the High Court has found prima facie
case ... loan by the ABT-UK, shares in SGAH,
the Aapico invoked the share charge and appropriated 50.01% shares of ABT-
UK in August, 2019. Thus
Pledged Shares on
17.06.2019 and perfected its title to the Pledged Shares by registering itself
as beneficial owner in respect of the Pledged Shares ... reduction was affected by Resolution Professional on the ground of
invocation of Shares of the Corporate Debtor Pledged to the Appellant as
noticed above
noteworthy that respondent No.2 has
acted upon by reversing the share pledge invocation transactions.
However, the fact remains that since 2005 Respondent
noteworthy that respondent No.2 has
acted upon by reversing the share pledge invocation transactions.
However, the fact remains that since 2005 Respondent
Comp App
(AT)(CH)(Ins) No.9/2022) and the invocation of the shares pledged by the 1st
Respondent. As a matter of fact ... Professional had opted to question
the said 'invocation' and 'appropriation' of shares as a preferential transaction
and had not included
Comp App
(AT)(CH)(Ins) No.9/2022) and the invocation of the shares pledged by the 1st
Respondent. As a matter of fact ... Professional had opted to question
the said 'invocation' and 'appropriation' of shares as a preferential transaction
and had not included
Tribunal has already been initiated on the basis of invocation of the
Guarantee and Pledge Shares, hence, the liability is imminent and claim ... payment has been made by the Appellant(s) (Promoter
Guarantors) towards invocation of Securities cannot be a ground for
rejection of the claim
further submitted that as on the date of invocation, the price of
pledged shares, according to the date available and procured from the official
website ... hereunder.
Share No. of Share Price on Share on Value of Share on
Pledged Pledged the date of the date of
Invocation (in Rs.) Invocation
further submitted that as on the date of invocation, the price of
pledged shares, according to the date available and procured from the official
website ... hereunder.
Share No. of Share Price on Share on Value of Share on
Pledged Pledged the date of the date of
Invocation (in Rs.) Invocation
