Khoobsurat Infra Pvt. Ltd. vs IDBI Trusteeship Services Ltd.

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

Table of Content
1. challenge to pledge invocation notices. (Para 1 , 2 , 3 , 4 , 5)
2. financial background of the pledgors and market conditions. (Para 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13)
3. debenture issuance and obligations in contracts. (Para 14 , 15 , 16 , 19 , 20 , 21 , 22)
4. default notifications and pledge invocation. (Para 23 , 24 , 25 , 26 , 27)
5. petitioners' arguments regarding fair play in market. (Para 28 , 29 , 30 , 31 , 32 , 33 , 34)
6. previous stake sales and pleas for fair transactions. (Para 39 , 40 , 41 , 42)
7. respondent's assertions of contractual rights. (Para 46 , 47 , 48 , 49 , 50 , 51 , 52)
8. legal arguments regarding market trends and obligations. (Para 60 , 61 , 62 , 63)
9. fairness in executions and market fluctuations. (Para 64 , 65 , 66)
10. equity structure and prior approval legalities. (Para 69 , 70 , 71)
11. summary of disputes on merits. (Para 74 , 75 , 76)
12. final judgment and dismissal of petitions. (Para 86)

JUDGMENT

V. Kameswar Rao, J.

I.A. 4847/2020 in OMP(I)(COMM) 135/2020

I.A. 4848/2020 in OMP(I)(COMM) 136/2020

I.A. 4849/2020 in OMP(I)(COMM) 137/2020

Exemptions allowed subject to all just exceptions.

Applications stand disposed of.

OMP(I)(COMM)