treated to have acquired shares and is required to make disclosures.
Where the shares are acquired on invocation of pledge, question of
introducing deemed fiction ... context
of deemed acquisition of shares on creation of pledge and not actual
acquisition of shares on invocation of pledge. Secondly, if the contention
appropriate the shares or become owners of the shares upon invocation.
Therefore, in the light of clause 6.1 of Share Pledge Agreement
Regulations ... sale, Regulation 58 provides for notice
post invocation and on which invocation beneficial
ownership of pledged shares changes from that of the
pledgor to that
Appellant stated that the said
judicial orders held that invocation of shares and partial conversion of
subordinate debt into equity by the Respondent were illegal ... acquire equity due to operation of law
subsequent to invocation of pledged shares and partial conversion of debt into
shares. The Respondent No. 2 submitted
Appellant stated that the said
judicial orders held that invocation of shares and partial conversion of
subordinate debt into equity by the Respondent were illegal ... acquire equity due to operation of law
subsequent to invocation of pledged shares and partial conversion of debt into
shares. The Respondent No. 2 submitted
Appellant stated that the said
judicial orders held that invocation of shares and partial conversion of
subordinate debt into equity by the Respondent were illegal ... acquire equity due to operation of law
subsequent to invocation of pledged shares and partial conversion of debt into
shares. The Respondent No. 2 submitted
assesses was engaged in the
business of share & stock broking, investment and trading in shares and
securities. The assessee company filed its return ... crores by way of
repayment, share invocation and dividend.
12. The contention of the assessee is that the above said amount
shareholding of
PFC and its supporters ?
3) Whether the invocation of the shares pledged by
the respondent no.8 is valid or not?
4) Whether ... transfer of pledged
shares in its name. Petitioner was entitled to register shares in its name
and the transfer of shares was procedural aspect
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
invocation of the shares in bank's account, it arranged to sell the shares. Copy of the invocation slip has been placed on record ... exercised the right of invocation vide invocation Slip No.5910 dated 20.09.2000 and transferred all the pledged shares in its own name. Thus
