said oral agreement also, purportedly, agreed
for transfer of the pledged shares of CGP, in the name of the
Debenture Trustee, with the understanding that ... SEBI Regulations‖), regarding invocation, to the effect that the
Respondent, as the Debenture Trustee, had invoked the pledge, of the
shares of CGP, held
this Clause 3.9(a)(vi)(D) including
pursuant to the invocation of pledge or imposition of
any liability, penalty, cost on RSL due to such ... Pledge Agreement dated 19 March 2018 and notice of invocation
of Security under the pledge agreement
Dear Sir,
1. This notice (Notice) is in reference
emphasizes the fact that there is a qualitative
difference between the invocation of pledged securities and recall of
the loan facilities. The right to recall ... Gopal Jain, does
not dispute the fact that the invocation of the pledged securities was
for the same default which constitutes basis of the issuance
Calcom Cement India Ltd. vs Binod Kumar Bawri & Ors. on 17 October, 2022
Author
loan advanced thereunder.
4. The impugned invocation of shares has apparently been effected
on the basis of a Pledge Agreement dated 27th May, 2021, whereunder ... Date:13.08.2021
15:54:01
basis of the aforesaid Pledge Agreement.
6. The impugned invocation has admittedly taken place in the
context of a loan
L & T Finance Limited vs Dm South India Hospitality Private ... on 8 November, 2021
constituted subject matter
of any other Pledge Agreement, in existence and in force, or
stood/stands pledged against any other loan, yet to be liquidated ... entitled to have its shares, in Omaxe Ltd., pledged with IHFL,
against the said loans, de-pledged and released.
11. It is asserted
crores. Following the said agreements, on 21st August,
2018, various pledgors pledged shares with the respondent, as
security against the aforesaid loan of ₹ 75 crores ... pledged shares, may be reflected in a tabular form
thus:
Name of Demat DP ID Number of
Listed Account/C shares
Security lient ID pledged
Action Committee Unaided Recognized ... vs Directorate Of Education And Anr on 15 March, 2019
Author
Edelweiss Asset Reconstruction ... vs Gtl Infrastructure Limited And Anr. on 18 November, 2020
Author: C
