must be adequately compensated to
the extent of reduced interest and for shares in the transferee bank,
if they so desire ... DBIL, hence,
market value of assets was never considered by the RBI before
writing down the share value to zero, instead, DBIL was asked
onwards was zero.”
35. By reckoning the market value of the Company's shares as zero, as
on the date of breach, the Arbitral ... representing reasonable
compensation, by accepting evidence that the market value of the shares was
zero on the date of breach. Especially in that factual context
loss, the value of the share will also get decreased. Hence the contention of the petitioner that without reducing the share capital, value ... shares could be determined only at the intrinsic value of the shares and the Board reached the firm conclusion that each share at zero value
share value is authorised by law and the experts to their wisdom for revival of the Company can do so.
19. The shares ... company are usually valued at zero since erosion of net worth has already taken place and the net value of the assets of the company
share value). The Grown contended that the profits should be computed only on the basis of the stock value which ... into consideration in assessing the value of the stock.
8. In Craddock (H. M. Inspector of Taxes) v. Zero Finance
issuer -
i. Within three days# Zero
ii. Within four to seven days# Transaction value or
Rs.10,000/- per transaction,
whichever is lower
iii. Beyond ... issuer -
i. Within three days# Zero
ii. Within four to seven days# Transaction value or
Rs.10,000/- per transaction,
whichever is lower
iii. Beyond
issuer -
i. Within three days# Zero
ii. Within four to seven days# Transaction value or
Rs.10,000/- per transaction,
whichever is lower
iii. Beyond ... issuer -
i. Within three days# Zero
ii. Within four to seven days# Transaction value or
Rs.10,000/- per transaction,
whichever is lower
iii. Beyond
The Commissioner Of Income Tax vs M/S. Essorpe Holdings Pvt. Ltd on 18 April
admission. Admission, however, is a weak piece of
evidence will zero evidentiary value in determining the right to immovable
property. It is settled law that ... resultant effect is that plaintiffs are
entitled to have their half share divided. Necessarily, Issues No1 and 9 are
decided in favour of the plaintiffs
equity
shares of Rs.1/- each to Rs.55,90,64,200 equity shares of Rs.1/- each.
Likewise, during the financial year ... Currency Convertible Bonds for total value of
US$1.8 million at a conversion price of Rs.1 per share translated from
US$ at the fixed
