Petitioner has a right of first refusal
("ROFR") in respect of the shares of Respondent No. 1, if the same are
desired ... CONTROVERSY
5. In terms of the ROFR Clause, Respondent no. 1 offered its entire
shareholding of 16,20,00,000 shares constituting 13.5% stake
growth and development of Indian Ships. A
Right of First Refusal (RoFR) was available to an Indian Ship wherein any
customer/consumer/charterer who wished ... Indian Ships against Foreign Ships, (which was previously allowed),
nullifies the RoFR. It completely ignores the Indian character of a ship being
the only relevant
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
Dcit, New Delhi vs Dr. Prannoy Roy, New Delhi on 14 June, 2019
INCOME TAX
other party. The
JVA provided for a "Right Of First Refusal(ROFR) and "Tag Along Rights",
permitted transfers and further issue
international level.
b) Alternatively, AAI may offer right of first refusal (ROFR) to the
SPV of GOK and the SPV formed by GOK will partic
some of the petitioners were
also granted Recognition of Forest Rights (ROFR) and even those
persons are also not allowed to enter into their lands ... Forests, on instructions,
submits that insofar as the persons in whose favour ROFR is
granted, the Forest Department is not interfering with their
activities
some of the petitioners were
also granted Recognition of Forest Rights (ROFR) and even those
persons are also not allowed to enter into their lands ... Forests, on instructions,
submits that insofar as the persons in whose favour ROFR is
granted, the Forest Department is not interfering with their
activities
