worthy of
granting leave. As regards the defence based on invocation of pledged
shares, the learned Senior Counsel would counter by canvassing a
submission that ... Notice of Invocation of
pledge, to bolster up the submission that, post the invocation of the pledged
shares, the Plaintiff has declared its animus that
plaintiff to secure the optimum
price of the pledged shares, after the invocation of pledge,
carries any substance in view of the rights ... leave to defend the suit.
22. The ground of non-invocation of pledged shares at an
opportunate time so that the pledged shares could fetch
infirmity in either invocation of the pledge or the sale notice
or sale of the pledged shares by Vistra (D3). The Plaintiffs had not
only ... Mayuresh (D1). It was,
thus, denied that the invocation and sale of the pledged shares
was not in accordance with law.
16. Vistra (D3) claimed
infirmity in either invocation of the pledge or the sale notice
or sale of the pledged shares by Vistra (D3). The Plaintiffs had not
only ... Mayuresh (D1). It was,
thus, denied that the invocation and sale of the pledged shares
was not in accordance with law.
16. Vistra (D3) claimed
SJ30-19INCOMSS779-19+.DOC
Defence based on non-invocation of pledged shares at an
opportunate time:
46. It is the case of the defendants that
SJ30-19INCOMSS779-19+.DOC
Defence based on non-invocation of pledged shares at an
opportunate time:
46. It is the case of the defendants that
Even the consequences which would emanate after the invocation of
pledge and sale of the shares have been distinctly provided for. In Clause ... made coextensive and coexistent with the liability under the
agreement. Even after invocation of pledge, the defendant No.1 continued
to be liable to make
SJ30-19INCOMSS779-19+.DOC
Defence based on non-invocation of pledged shares at an
opportunate time:
46. It is the case of the defendants that
SJ30-19INCOMSS779-19+.DOC
Defence based on non-invocation of pledged shares at an
opportunate time:
46. It is the case of the defendants that
multi-fold submissions. First ad foremost, Mr. Rahade would urge, the
very invocation of the provisions contained in Section ... provision, it is necessary to first establish that the Petitioner had a share
or interest in any work done by the order of the Panchayat
