transfer of the pledged shares of CGP, in the name of the
Debenture Trustee, with the understanding that the shares would be
released in favour ... SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011 (hereinafter referred to as ―the 2011
SEBI Regulations‖), regarding invocation, to the effect that the
Respondent
March,
2021 against the loan advanced thereunder.
4. The impugned invocation of shares has apparently been effected
on the basis of a Pledge Agreement dated ... March, 2021 is also justified.
22. Prima facie, therefore, the invocation of the shares of Plaintiff
No. 1 as held by Plaintiff
been issued, also constituted the basis for
invocation of 5,85,064 shares of the plaintiff, which forms subject
matter of challenge in CS(Comm ... consequent to a statement
made by the defendant, stayed the invocation of the pledged shares.
The application under Order XXXIX, Rules
Mumbai International Airport Limited vs Airports Authority Of India & Anr. on 27 November, 2020
Kindle Pledge and
transfer all or any of the Kindle Restricted Shares to
any Person to seek redemption of the Subscription
NCDs issued ... Event of Default' under the Share
Pledge Agreement dated 19 March 2018 and notice of invocation
of Security under the pledge agreement
Dear
Calcom Cement India Ltd. vs Binod Kumar Bawri & Ors. on 17 October, 2022
Author
pledged shares, may be reflected in a tabular form
thus:
Name of Demat DP ID Number of
Listed Account/C shares
Security lient ID pledged ... further avers that, on 30th January, 2019,
consequent on the invocation of certain shares by the
respondent, the loan of ₹ 100 crores, covered
L & T Finance Limited vs Dm South India Hospitality Private ... on 8 November, 2021
release of the aforesaid pledged shares, met
with no response. In the process, the value of the pledged shares, in
the market, also depleted significantly ... pledged
shares had declined from ₹ 218/- to ₹ 155.40, per share. The
reticence exhibited, by IHFL, in releasing the pledged shares, held by
the petitioner
specify all disputes to be
referred to arbitration at the time of invocation of arbitration
and not thereafter.
6.3.3 The cost and expenses of arbitration ... party as per terms of Delhi High Court
Arbitration Centre in equal shares. However, the expenses
incurred by each Party in connection with the document