Analysis and Conclusion:
Pivotal Infrastructure Pvt. Ltd. holds development rights acquired through a deed of assignment, with its financial health affirmed by its balanced and solvent status as per accounting standards. Despite ongoing legal disputes, the company's financial position appears robust, and its legal engagements involve recovery claims and regulatory proceedings. These factors collectively portray Pivotal as a financially stable entity actively involved in infrastructure development and legal compliance.
Subsequently, DD Global vide Deed of Assignment dated 27.02.2008 assigned its development rights and obligations under the Collaboration Agreements in favour of Pivotal Infrastructure Pvt. Ltd. ... Learned Senior Counsel for Pivotal successfully demonstrated that the Balance Sheet of Pivotal on which heavy reliance was placed by the Appellants was being misconstrued and as per accounting procedures, Pivotal is solvent and its net worth is far more than the damages/value of the share in the built-up ... ....
INFRASTRUCTURE PVT. ... No(s). 26330/2022 (Arising out of impugned final judgment and order dated 23-06-2022 in CC No. 408/2020 passed by the National Consumers Disputes Redressal Commission, New Delhi) M/S PIVOTAL
The facts, in brief, are that plaintiffs (Inderjeet, Anil Kumar and Mukesh Kumar) filed a suit for recovery of Rs.72,64,924/- against the defendant (M/s Pivotal Infrastructure Pvt. Ltd.). ... IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH RSA No.5980 of 2019 (O&M) Date of decision: 19.03.2025 Inderjeet and others ....Appellants V/s M/s Pivotal Infrastructure Pvt.
Petitioner(s) VERSUS M/S PIVOTAL INFRASTRUCTURE PVT. LTD. & ORS.
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