SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2015 Supreme(Kar) 1138

A.S.BOPANNA
Securities and Exchange Board of India – Appellant
Versus
Khoday India Limited – Respondent


Advocates Appeared:
For the Appellant : S. Vijayshankar, Sr. Adv. and T. Suryanarayana for King & Partridge
For the Respondents: Aditya Sondhi, Sr. Adv. and Karan Joseph, Adv.

ORDER :

A.S. Bopanna, J.

1. The parties would be referred to by their names for the purpose of clarity since their array is different and the applicant in the instant applications is not a party in the disposed of company petition.

2. M/s. Khoday India Ltd. have filed the Co.P. No. 132/2014 under Section 101 to 104 of the Companies Act seeking confirmation of the reduction of share capital. This Court after securing publication of the filing of the petition and inviting objections had considered the petition. It was allowed by the order dated 07.08.2014. Subsequent thereto, the instant applications are filed by the Securities and Exchange Board of India ('SEBT for short) seeking that they be impleaded as respondents to the petition filed under Sections 101 to 104 and on condoning the delay, recall the order dated 07.08.2014. This Court while taking note of the said applications though had kept the applications pending to be taken up for further consideration, by the order dated 08.01.2015, on taking note of the contention put forth by SEBI had ordered that the final order dated 07.08.2014 be kept in abeyance.

3. In that view, M/s. Khoday India Ltd. being aggrieved by the said order dat




















Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top