split shares will have a face value of Rs. 1.00
only. After split, the defendant company will have 10 million shares of
face value ... shares as rights shares. The defendants agreed that the
defendant renounce the Rights Shares totaling 30 Million at zero value
and the plaintiffs
commercial profits it was no to open to the court to value the shares belong to the same person who started the business ... purchase stock-in-trade and the fair value therefor should be the market value at the commencement of the business. It may be that
surplus amount, that is to say, an amount more than the market value of the assets to the insurer. What is surplus has been explained ... logical conclusion, it would mean that the value of the assets would become zero in case no part of the surplus was allocated
Scheme. It also seeks conversion of the zero coupon
redeemable preference shares (ZCRPS) and zero coupon non-convertible Bonds
(ZCNCB) given under the 2003 Scheme ... acquires shares in Florence Alumina Ltd. (FAL), the applicant no.2 whereby its
share-holding increases. This increase will not benefit any share-holder except
permits. He, accordingly, estimated the value of the route rights at Rs. 40,000 and the value of the vehicles ... Crown had failed to establish that the value of the investments was less that the nominal value of consideration for which the respondent-company
Commissioner Of Income-Tax (Central), ... vs Anglo India Jute Mills Co. Ltd. on 9 June
Province Of Bengal vs P.L. Nun, K.C. Pal, Receivers Appointed ... on 22 December
Cit vs Binani Cement Ltd on 4 March, 2016
FORM NO.(J2)
IN THE HIGH
Damodar Valley Corporation vs Reliance Infrastructure Limited on 29 September, 2023
Author: Shekhar B. Saraf
Eveready Industries India Ltd. vs Dy. Cit on 22 November, 2000
Equivalent citations: [2001]78ITD175
