Plaintiff alleging fraud, dishonesty, forgery,
cheating, misrepresentation, violation of law and fraudulent takeover of ODPL. The Plaintiff
served a legal notice dated 29.12.2004 upon ... September
2004 concerning violation of foreign investment policy guidelines in the
takeover of Oceanic Distilleries Pvt. Ltd. as well as violations of various
laws
Account, etc.
Once the apartment owners‟ association is formed, it
shall takeover the management from the
promoter/builder. All the books of account, bank
account
realization.
16. RBI has also come out with Guidelines for
change or takeover of the Management of the Business
of the Borrower by Securitisation Companies
school. The earlier management of the said school
challenged the order of takeover by filing Civil Writ No.2572/1996 in this
Court ... management of the school even after five years of the order of
takeover of management. Thus, as of today the school is as good
issues regarding
the authenticity of the aforesaid three documents and the takeover of
the management of the Sabha by the petitioners paled into
insignificance with
issue advertisements in leading
newspapers within 2 weeks inviting offer for the
takeover/leasing/amalgamation/ merger for rehabilitation with or
without OTS of the dues
After examining the matter, the competent authority
decided to initiate action for takeover of the said property under the
ITSA No.3/1988 Page
conditions, but undisputedly those conditions
were not fulfilled resulting in the takeover of the physical
possession of the factory premises and the same being
framed by the RBI on that behalf. The
measures include change or takeover of the management of the business of the borrower;
to sell
incurred towards maintaining assets after takeover.
Rs.21,74,821/- was incurred on security and safety of the
premises. Rs. 9,44,321/- was incurred
