joint control to sole control, urged Mr. Nariman,
as by reason of such a resolution, the transfer from joint control to the sole
control would ... control so long as the control given is
equal to or less than the control exercised by
person(s) presently having control over the
company
days after any such change or changes are decided to be made as would result in the acquisition of control over the target company ... position of strength conferred by control over the proxy-gathering machinery.
(4) Management control - the mere control over the proxy-gathering machinery, having regard
person or persons are given joint control, such control
shall not be deemed to be a change ... control so long as the control given is
equal to or less than the control exercised by person(s) presently having
control over the company
submitted that once the control of Coflexip is taken over, change in control over its subsidiary companies is automatic for the purpose of triggering ... Stena on 12.4.2000, the change in control over Coflexip took place and consequently control over SEAMEC also changed, triggering the Takeover Regulations.
43. Shri
exercise of the call option when there was a change in control of A&W India from Danube USA to Rhodia) and the actual ... control of Danube, ISPG, the UK company and the Indian company to the sole control of the appellant and as such was not a change
change - the name of Aeroquip Corporation changed to Eaton Aeroquip Inc., Vickers Inc. changed to Eaton Hydraulics. In this scenario, the respondent felt that control ... also changed. Even if there is no direct acquisition of shares in VSIL by the appellant, in the light of the change in control
days after
any such change or changes are decided to
be made as would result in the acquisition of
control over the target company ... expression "control"
denotes only positive control and further the word "control" as
contrasted with management means de facto control of actual
control amongst them constitute change in control of management:
Provided that the transfer from joint control to sole control is effected in accordance with clause ... than the control exercised by person(s) prior to such acquisition of control, such control shall not be deemed to be a change in control
held on 08.02.1999.
(ii) Change from Joint control to sole control does not constitute a change in the control of management as approved by special ... control so long as the control given is equal to or less than the control exercised by person(s) presently having control over the company
corporate debtor's assets would have to result in a change in control of
the corporate debtor to a person ... adjudicating authority and,
finally, the approved plan, must result in a change in control of the
corporate debtor not to a person, who is already
