franchisee agreement got
superseded by the Revenue Sharing Agreement and therefore
the invocation of the arbitration clause under the terms of the
Revenue Sharing Agreement ... judis.nic.in
O.P.No.521 of 2016
invocation made under the Revenue Sharing agreement.
(e) The amount claimed even according to the claimant
Class I all take together in equal shares, it cannot said by the mechanical invocation of the doctrine of analogical application that such enumerated heirs ... pooled up together so as to vest in them an entitlement to share the estate of the deceased equally as Class II heirs.
This would
balance equity share capital in the 2nd Respondent company. The first respondent after acquiring 100% shares, has assumed complete control of the second respondent company ... shares on 17.01.2013. As per clause 1.1.17 of the first SPA, the completion shall mean the purchase of the shares and therefore, the invocation
shares pledged fell in the stock market.
a) It was held, that inspite of these rights available to the creditor relating to the pledged shares ... pledges and selling the shares. They were, therefore, deprived of an opportunity to redeem the pledges or object to the invocation of the pledges
sell hold 70379 Equity Share of Rs.100/- each in the company at a
price of Rs.650/- per share of Rs.100/- each ... approached the National Company Law Tribunal (NCLT) to
enforce the share purchase agreement. Invocation of Clause 8 of the Agreement
to Release Personal Guarantee
sell hold 70379 Equity Share of Rs.100/- each in the company at a
price of Rs.650/- per share of Rs.100/- each ... approached the National Company Law Tribunal (NCLT) to
enforce the share purchase agreement. Invocation of Clause 8 of the Agreement
to Release Personal Guarantee
forbearing them in any manner
proceeding with the invocation and transfer of shares in favour of third parties
without following due process of law, this
forbearing them in any manner proceeding with the invocation and transfer of shares in favour of 3rd parties without following due process
forbearing them in any manner proceeding with the invocation and transfer of shares in favour of 3rd parties without following due process
decree as follows:
a) Declaration that the invocation of the pledge of 6,58,426 shares of
the pledged shares of M/s. Gemini Communications