Syona Spa vs Union Of India & Ors. on 10 December, 2024
Author: Yashwant Varma
Bench: Yashwant Varma
* IN THE HIGH COURT OF DELHI ... APPL. 26808/2024 (Interim Relief),
CM APPL. 26810/2024 (addl record)
SYONA SPA .....Petitioner
Through: Mr. J.K.Mittal, Ms. Vandana
Mittal and Mr. Mukesh
Educomp that in terms of the various prescriptions forming part of the
SPA, Raffles would take over control of JRRES and which too is
proscribed ... Raffles is a foreign entity.
3
Award
4
SIAC
5
Educomp
6
SPA
7
JRRES
8
SRA
O.M.P.(EFA)(COMM.) 6/2017 Page
Delaware
Corporation, which was described as the ‗purchaser' and the
18
SPA
Signature Not Verified
Digitally Signed W.P.(C) 6764/2020 & other ... which
was described as the ‗sellers' representative'. As per the SPA, the sale
of the shares held by the petitioner is stated
Delaware
Corporation, which was described as the ‗purchaser' and the
18
SPA
Signature Not Verified
Digitally Signed W.P.(C) 6764/2020 & other ... which
was described as the ‗sellers' representative'. As per the SPA, the sale
of the shares held by the petitioner is stated
Delaware
Corporation, which was described as the ‗purchaser' and the
18
SPA
Signature Not Verified
Digitally Signed W.P.(C) 6764/2020 & other ... which
was described as the ‗sellers' representative'. As per the SPA, the sale
of the shares held by the petitioner is stated
have been considered. As per amended
structure of Schedule H of the SPA, second closing under Clause
7.1 was to be achieved by 15.02.2015 which ... amount of money received in the manner laid down in the SPA for
issuance of CRPS. Since the Tranche-2 payment of Rs.100 Crores
have been considered. As per amended
structure of Schedule H of the SPA, second closing under Clause
7.1 was to be achieved by 15.02.2015 which ... amount of money received in the manner laid down in the SPA for
issuance of CRPS. Since the Tranche-2 payment of Rs.100 Crores
reliance on a Valuation Report
drawn by a merchant banker, M/s SPA Capital Advisors Ltd., and
wherein the value of each share was pegged ... following facts have been
noticed.
i) In its valuation report M/s SPA Capital Advisors Ltd. has
given a disclaimer as under: "In preparing
banquet hall or a gymnasium/health
club or a hotel or a spa where luxury is provided to a customer by
way of business ... separately per
room per day;
(iv) Facilities or services provided in a spa which includes
beauty treatment, manicure, pedicure, facial, laser treatment,
massage shower, hydrotherapy
Kinri Dhir vs Veer Singh on 19 April, 2022
Author: Yashwant Varma
Bench: Yashwant Varma
