Initial Public Offers (IPO) under the Application Supported by Blocked Amount (ASBA) mechanism, subject to such terms and conditions as may be stipulated
called the 'Applications Supported by Blocked
Amount' (ASBA), under which the investors application
money in an IPO is protected and preserved until ... foreword as above since
in these cases the operational realm of the ASBA process
along with issues relating to 'General Reserves
payment of money,
known as "Application Supported by Blocked Amount (ASBA)".
Instead, they have paid the amount only by way of Demand
Writ ... institutional investors,
alone need to go through the procedure of ASBA. It was
contended in the writ petition that, the conditions incorporated
with Chapter IX of these regulations; (d) "application supported by blocked amount (ASBA)" means an application for subscribing to a public issue or rights issue ... issue registered with the Board, which offers the facility of ASBA; (bbb) "selling shareholder(s)" means any shareholder of the issuer who is offering
Asba Shakil Shaikh vs National Testing Agency on 31 July, 2025
Author: Nikhil S. Kariel
Bench: Nikhil S. Kariel
NEUTRAL CITATION
C/SCA/10441/2025 ... GUJARAT AT AHMEDABAD
R/SPECIAL CIVIL APPLICATION NO. 10441 of 2025
==========================================================
ASBA SHAKIL SHAIKH
Versus
NATIONAL TESTING AGENCY
==========================================================
Appearance:
MR VAIBHAV A VYAS
subscribed by 1.05 times. The entire public issue was monitored under the
ASBA scheme. The Shares were issued in DEMAT form and payment was
received ... issue.
(vi)All the applicants have to compulsorily apply through ASBA
(Application Supported by Blocked Amount) Process.
15. The ld CIT(A) also mentioned
subscribed by 1.05 times. The entire public issue was monitored under the
ASBA scheme. The Shares were issued in DEMAT form and payment was
received ... issue.
(vi)All the applicants have to compulsorily apply through ASBA
(Application Supported by Blocked Amount) Process.
15. The ld CIT(A) also mentioned
Indravati W/O Sh. Sultan Singh vs M/S Asba Products on 1 February, 2008
ID NO. 354/2001
IN THE COURT OF MS. MAMTA ... Brahampuri, Pankha Road,
Nangal Raya,
New Delhi -46.
........ Workman
AND
M/s ASBA Products
B.E -339, Gali No.6,
Hari Nagar,
New Delhi
process in accordance with these regulations; (d) "Application Supported by Blocked Amount (ASBA)" means an application for subscribing to a public issue or rights issue ... statutory modification or statutory enactment thereof: Provided further that in case of ASBA process, the issuer shall take cognisance of the deemed agreement
documents by collecting him and also admitted that one
Asba Khan is his wife and he also admitted that Ex.D6 belongs ... cheques are belongs to the accused wife by name Asba Khan.
In entire case proceedings accused has categorically denied that
cheques are not belongs
