objectors raised allegation of illegality of sale and lease back transaction, spin-off garment division and diversion of funds. The objections raised by the objectors
objectors raised allegation of illegality of sale and lease-back transaction, spin-off garment division and diversion of funds. The objections raised by the objectors
Off Spin Sports & Entertainment
Office at: 12/A, Sarat Bose Road,
First Floor, Kolkata - 700020
(West Bengal),
2. M/s Off Spin Sports ... proprietor M/s. Off Spin Sports and Entertainment whereas, the
plaintiff no.2 is the company M/s. Off Spin Sports and Entertainment
adequate experience and expertise to advise parties on investments, takeovers, mergers, spin-offs and other related activities. When the respondent herein had the requirements ... dues. Legal advice on various issues related to the restructuring and spin-off was obtained from legal practitioners. After several negotiations and at the efforts
derivative work in
connection with or emanating from Singham or sequels,prequels,
spin-offs thereof, for any platform, mode, format or media. Further
relief ... Singham is to be produced,
including but not limited to any prequel, spin-off
or sequel of Singham, MMVPL may propose to
finance / fund
includes such corporate actions as
mergers, acquisitions/ amalgamations/ absorption, divestitures,
demergers (spin-offs and debt-equity changes.
The different methods of restructuring and their implications ... settling the difference in
valuation, if any in cash.
iii) Demergers or Spin-offs
Demerger involves spinning off (profitable or robust) parts of a
diversified
Gujarat Glass Division.
E. PEL and NPIL therefore are desirous to spin off the said Gujarat Glass Division
of GGL to be a separate subsidiary ... agreed to enter into a Memorandum of Undertaking with GGL, for spin-off, sale
and transfer of its said Glass Division to GG with effect
authority to ignore certain transfers it does not void
it. The further spin-off adroitly presented by counsel is
that the provision violates the second
about Rs. 745.64
crores in that behalf. Taking account of this substantial spin-off, doctrine of
promissory estoppel should be attracted in this case
The Goa Foundation vs M/S Sesa Sterlite Ltd. And Ors. on 7 February, 2018