rights, they were subject to a 'Right of First Refusal'
(ROFR) under clause 3.7. The transfer restrictions were thereafter
4/28
::: Uploaded ... conditions of the proposed sale. GVK is said to have
exercised the ROFR, but failed to purchase the Sale Shares within the time
specified
Agreement to remove the
Right of First Refusal (for short "ROFR") and any other transfer related
restrictions and further stated that upon such ... 2026 20:45:16 :::
IAL.5834.2026.doc
acknowledged ROFR provisions under the Shareholders' Agreement
under which Defendant Nos.4 to 8 were required
GVFL Limited. We are
fully aware of the Right of First Refusal (ROFR) Provisions, pursuant to
which we are required to issue an offer ... alleged to have intimated about the
circulation of Right of First Refusal (ROFR) notice to India INX
Shareholders and was asked to share its brief
conditions as offered to such Proposed Transferee (the "JV
Partners" ROFR").
(b ) Any of the JV Partners shall have the right, within ... Along Rights, the
meaning of Competitor, Person, Affiliate, Right of First Refusal (ROFR), the
proposed transferee as defined and contemplated under Articles
Larger Land, Atul would have a right of first
refusal ("ROFR") in relation to any development, such
ROFR being exercisable within one month ... claim for protection on the Larger Land,
premised that it had a ROFR on it, would have carried greater weight than
what has been ascribed
Larger Land, Atul would have a right of first
refusal ("ROFR") in relation to any development, such
ROFR being exercisable within one month ... claim for protection on the Larger Land,
premised that it had a ROFR on it, would have carried greater weight than
what has been ascribed
Larger Land, Atul would have a right of first
refusal ("ROFR") in relation to any development, such
ROFR being exercisable within one month ... claim for protection on the Larger Land,
premised that it had a ROFR on it, would have carried greater weight than
what has been ascribed
Larger Land, Atul would have a right of first
refusal ("ROFR") in relation to any development, such
ROFR being exercisable within one month ... claim for protection on the Larger Land,
premised that it had a ROFR on it, would have carried greater weight than
what has been ascribed
objection is to the stipulated Right of First Refusal or
ROFR conferred on the Anchor Bidder under Clause 85. This is
alleged to be anti ... would have, we have no doubt, most stoutly defended the ROFR to
the Anchor Bidder.
19. The Swiss Challenge method in its most basic form
M/S. Vodafone India Service Pvt. Ltd vs Union Of India on 6 September, 2013