Concerning the assignment of the right under the contract, on
hiving off the business of defendant No. 1 and the hived off
business vested ... Single Judge was obliged to consider the effect of a
legislative hiving off the business of defendant No. 1 to defendant
with Defendant No.l and 2 tried to secretly
and illegally hive off the business of the Plaintiff and eliminated
The Director from the line
HIMSR.
18. HIMSR was ultimately to have full autonomy by hiving off and
being affiliated with another university or function as an
autonomous institution depending ... function independently
under MREC/ HES and is to ultimately be hived off from Jamia
Hamdard. Jamia Hamdard has to abide by its resolutions and
assurances
company.
The petitioners allege that this was done with the aim of hiving
the assets of the respondent, so that it could renege ... which, it is alleged, constituted its principal business, was to be
hived off to ASFL. The scheme further proposed that the
business interest
respondents colluded with each other and systematically hived off to help
respondent No.1.
6. The respondents resisted the petition. Mr. Kamat, learned Senior
Counsel
India). It is stated that in 2013, the respondent no.4 hived off the aforesaid
department to respondent no.1 whereby the employees working ... Server on 08/07/2025 at 21:28:43
hiving off, and during the period when the respondent no.1 was part of
respondent
India). It is stated that in 2013, the respondent no. 4 hived off the aforesaid
department to respondent no.1, whereby the employees working ... enjoyed by the members of the petitioner association prior to its hiving off,
and during the period when the respondent no.1 was part
order, thus:
"5. Clearly, the said transaction of hiving off a subsidiary
company cannot be considered as a transaction in the ordinary
course
Supreme Court. He further states
that respondent No. 1 is hiving off assets to respondent No. 2 only to ensure
that the Award in favour
remained unchanged when the employees of
Engineering Department of AIL were hived off to AIESL in 2013 and
a transfer letter dated 10.05.2013 was issued