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1 - 10 of 10 (0.33 seconds)New Horizons Ltd vs Union Of India on 9 November, 1994
b) Further, with regard to the law on lifting of the corporate veil,
the decision in New Horizons Ltd. v. Union of India, 1995 1
SCC 478 states that lifting of the corporate veil occurs when the
principle of the corporate personality is too flagrantly opposed to
justice or convenience or is against the interest of revenue. The
appellant submits that it is by no stretch of imagination a group
company of Dragerwerk AG. It is further submitted that it was
wrongly assumed that the distributor agreement of 1999 was
between plaintiff no. 1 and defendant no. 1.
M/S Gujarat Pottling Co.Ltd. & Ors vs The Coca Cola Co. & Ors on 4 August, 1995
d) This brings me to the cardinal issue of the irreparable injury to the
plaintiff No. 1 if the interlocutory injunction is disallowed. Gujrat
Bottling (supra) clearly lays down that -
Prem Singh Devi Ditta Mal And Anr. vs Sat Ram Das And Ors. on 14 March, 1957
party to the JVA, defendant no. 1 states that as per Prem
Singh Devi Ditta Mal and Anr. v. Sat Ram Das and
Ors.,AIR 1958 Punj 52 assignment must be shown show to
cause of action. Also, an injunction can only be sought with
regard to a contract if it subsists between the seeker of the
injunction and the party against which it is sought.
Wander Ltd. And Anr. vs Antox India P. Ltd. on 26 April, 1990
In view of the principle laid down in the Wander case (supra)
we do not want to interfere with the exercise of discretion by the learned
Single Judge as we do not want to reassess the material produced before
the learned Single Judge and come to a conclusion different from the
one already reached by the learned Single Judge who has considered the
matter from all the angles. We feel that the finding given by the learned
Single Judge has been arrived at reasonably. Therefore, the
impugned order is upheld except the modification of the direction
issued by us in appeal being FAO (OS) No.28/2005.
Article 2 in Constitution of India [Constitution]
The Code of Civil Procedure, 1908
Section 43 in The Specific Relief Act, 1963 [Entire Act]
Life Insurance Corporation Of India vs Escorts Ltd. & Ors on 19 December, 1985
(a) The impugned order has directed lifting of the corporate veil and
impleadment of defendant no. 2 (appellant herein) in a suit
wherein the only defendant previously impleaded was
Dragerwerk AG. The corporate veil was lifted on the basis of
information contained in the website of Dragerwerk AG. The
law with respect to lifting of the corporate veil is elucidated in
LIC of India v. Escorts Ltd., AIR1986 SC 1730 and it is
defendant no. 2‟s contention that the plaintiffs have failed to
CS (OS) No. 519/2004 Page 8 of 23
bring out the existence of any of the instances which permit
lifting of the veil.
The Companies Act, 1956
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