taking over of the Company. Accordingly, the second respondent acquired 90% shareholding, controlling and management interest in the Company for a lumpsum consideration ... terms and conditions for disposing of the petitioner's shareholding, controlling and management interest in the Company in favour of the second respondent. Thus
Prasad' Saraff, who were related through marriage, jointly acquired the controlling shareholding interests in Belgachi Tea Company Limited from the erstwhile promoters ... been in control of the petitioners and Belgachi with B.L. Dalmia branch. To reflect the control of these companies, the shareholding within Dalmia
Company. The second respondent, in terms of the agreement, acquired 90% shareholding, controlling and management interest in the Company for a total consideration ... terms and conditions for disposing of the petitioner's shareholding, controlling and management interest in the Company in favour of the second respondent
including a declaration that the petitioner is entitled to majority control of the shareholding of and in the company that the Article of the company ... Pearson Group following the purchase and transfer of controlling interests and/or the entire shareholding of the petitioner from Viacom Group. It has not been
portfolio investor but with a view to take full control of the shareholding in and management of HPL. In reply, by a letter dated 19th ... company" include interse rights between different shareholders groups and denial of rights regarding control of a company and denial of legitimate expectation
bring to an end oppression or mismanagement on the part of controlling shareholders and not to allow its continuance to the detriment of the aggrieved ... shareholders or the company. The remedy is not intended to enable the aggrieved shareholders to set at naught what has already been done by controlling
shareholders of the second and third petitioners.
4. Even though Standard and Stridewell are the majority shareholders of SSPL, the board of SSPL controlled ... been done only with the view to deprive the majority shareholders of SSPL from controlling these shares.
(e) Registration of these shares was in contravention
other shareholders. If they fail to accept the offer made by any shareholder within 90 days, then the offering shareholder shall have the right ... shareholder of the Company is no longer effectively controlled by the person ultimately controlling such shareholder as at 19.08.1995, but is controlled by a person
chip company, with a history of over hundred years, presently under the control of an NRI M.R. Chhabria, (MRC), holding about 39 per cent ... enquires by governmental authorities, but he controls the affairs of the company by remote control through his nominee directors. Shri Sarkar submitted that the allegations
under Section 397 is to recover the money invested from the controlling shareholders, it is an abuse of the process of the court ... association constitute a contract not merely between the shareholders and the company but between the individual shareholders also. The articles are a source of power
