Shradhha Aromatics P.Ltd vs Ol Of Global Arya Ind.Ltd.& Ors on 24 May, 2011
Equivalent citations: AIRONLINE 2011 SC 532
Author ... Shradhha Aromatics Private Limited ... Appellant
Versus
O.L. of Global Arya Industries Limited and others ... Respondents
Gujarat Industrial Investment ... vs Official Liquidator Of Global Arya ... on 31 August, 2015
Author: Vipul M. Pancholi
Bench: Vipul M. Pancholi
O/COMA/244/2013 ... GUJARAT INDUSTRIAL INVESTMENT CORPORATION LTD.....Applicant(s)
Versus
OFFICIAL LIQUIDATOR OF GLOBAL ARYA INDUSTRIES
LTD....Respondent(s)
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Appearance:
MR RD DAVE, ADVOCATE for the Applicant
Rupesh Savla
Limited (hereinafter M/s KGN) & of M/s Arya Global Shares and Securities
Limited (hereinafter M/s AGSSL), which assessee claimed ... claim of LTCG on sale of Shares of M/s Arya Global Shares & Securities
Ltd [AGSSL] as under;-
9.1 From the preceding discussion
2018. Insofar as, other three parties namely
M/s Arya Global Shares and Securities Pvt.Ltd, M/s Kyra
Landscapes Ltd. and M/s Venus ... report of
Investigation wing, Mumbai, as per which M/s. Arya Global Shares &
Securities Pvt.Ltd. is a shell company, which is engaged
Arya Central (seg.) -7.99% Rejected, since the company has
extraordinary event of
establishing a subsidiary
company by the name of M/s.
Indo-Arya Global ... rightly rejected Indo-Arya Central Limited due to extra-
ordinary event of forming new subsidiary in the name of Indo-Arya Global
Malaysia
trading in penny stock namely the scrip of M/s Arya Global
Sahres & Securities Ltd (formerly known as Kuvam International Fashion ... transaction of purchase and sale of scrip of M/s Arya Global Sahres
& Securities Ltd through stock exchange and in the process earned
this Court in Shradhha
Aromatics Private Limited v. Official Liquidator For Global Arya Industries
Limited & Others , (2011) 6 SCC 207.
20. The Division Bench ... Shradhha Aromatics Pvt.
Ltd v. Official Liquidator for Global Arya Industries Limited & Others,
(2011) 6 SCC 207 and Manoj I Naik & Associates
this Court in Shradhha Aromatics Private Limited v.
Official Liquidator For Global Arya Industries Limited & Others ,
(2011) 6 SCC 207.
20. The Division Bench ... Shradhha Aromatics Pvt. Ltd v. Official
Liquidator for Global Arya Industries Limited & Others, (2011) 6
SCC 207 and Manoj I Naik & Associates
Rupesh Savla
Limited (hereinafter M/s KLL) & of M/s Arya Global Shares and Securities
Limited (hereinafter M/s AGSSL), which assessee claimed ... Sheetal Rupesh Savla
transaction in impugned scrip namely M/s Arya Global Shares & Securities
Ltd and Vax Housing Finance Corp. Ltd at stock exchange
term capital gains (LTCG) on sale of Shares of M/s Arya Global Shares and
2
ITA No.94/Mum/2023 ... assessee carried out the
transaction in impugned scrip namely M/s Arya Global Shares & Securities
Ltd and Vax Housing Finance Corp. Ltd at stock
