fact, taken by
virtue of shareholding, management rights, shareholders agreements,
voting agreements or otherwise, control can be said to exist.
51. Thus, the expression ... virtue of their shareholding or management
rights or shareholders agreements or voting agreements or in any other
manner". This definition is an inclusive
virtue of its
shareholding or management rights or shareholders
agreements or voting agreements or in any other manner;
(v) an authority, a board ... virtue of its
shareholding or management rights or shareholders
agreements or voting agreements or in any other manner;
(v) an authority, a board
Anuj Jain Interim Resolution ... vs Axis Bank Limited on 26 February, 2020
Equivalent citations: AIRONLINE
corporate debtor shall not have the right of representation, participation or voting
in the CoC. The Adjudicating Authority held that “there is no doubt ... result, the Corporate Debtor
and AAA converted the Development Agreement into an unregistered
Agreement to Sell dated 25 October 2012;
(ii) AAA and the Corporate
Agreement or Shareholders
Agreement with the Central Government or the State
Government as the case may be for the acquisition of shares or
voting rights ... only to
acquisition of shares but also extends to voting rights. Hence, even an
agreement between two parties to exercise the existing voting rights
When it alone holds the majority of
the voting rights in this company
pursuant to an agreement
concluded with other members or
shareholders and which ... virtue
of their shareholding or management
rights or shareholders agreements or
voting agreements or in any other
manner".
The other definition which is relevant
virtue of
its shareholding or management rights or
shareholders agreements or voting agreements or in
any other manner;
(v) an authority, a board
Securities Contracts (Regulation) Act, 1956 and Clause 35 of the Listing
Agreement, which takes us to Regulation 2(1)(h)(i) of the 1997 Regulations ... virtue of their
shareholding or management rights or shareholders agreements
or voting agreements or in any other manner;
Explanation.
(i) Where there
virtue of their shareholding or management rights or shareholders agreements or voting agreements or in any other manner;"
Under Regulation ... target company. He may do so by an express agreement or understanding, and the agreement or understanding may be proved by evidence on record. Similarly
virtue of its shareholding or management
rights or shareholders agreements or voting
agreements or in any other manner
