...for assertion and enforcement of her rights under sub-section (1). It has to be noticed in this connection that even though Section 22(1) does confer a right in the co-heirs to acquire the share of another co-heir who propo...respondent in favour of respondents Nos. 2 to 4 and for a direction for transfer of the 1st respondent's share in favour of the petitioner as a further relief consequential to such a declaration are...finding arrived at by it that an application under Section 22(2) of the Act for determination of the value of the share of a co-heir is not maintainable if such share has been already transferred ...

...on account of the transfer of share warrants of Arvind Ltd by observing that had the intention of the assessee to create the loss through these warrants it would not have convert...of Rs. 36,19,050 on account of forfeiture of share warrants of Arvind Ltd. As such the assessee did not exercise his right to acquire shares against the share warrants on the due...consideration for transfer of share other than quoted share.50CA. Where the consideration received or accruing as a result of the transfer by an assessee of a capital asse...

...contained details loan arranged/given by the assessee, interest computations, copies of hundies, acknowledgement receipts of share transfer deeds, dividend warrants, personal expenses etc. Consequent...record on this issue. The claim of the assessee with regard to the dividend warrants was not proved to be wrong. The AO did not carry out any enquiry with regard to the corresponding share...acted as intermediary helping his clients in applying for shares in public issues, since the dividend warrants seized did not contain the name of the assessee. Before Ld CIT(A), the authorized...

...-share to acquire the share of another co- share who proposes to transfer of the share, there is nothing in the said section which warrants the alienation affected in contraventi...court for deputation of Civil Court Commissioner for carving out their share. Further, it is declared that the Plaintiff has a preferential right and he is allowed to repurchase the suit property as...asked Defendant No.6 to retransfer the property he bluntly refused. The Plaintiff therefore demanded partition of the suit property seeking his share and that being denied he filed the suit for partition...

...nature of advance received during the course of transfer of capital asset falling within the scope of sec. 56(2)(ix) of the Act. 7. In the rejoinder, the Ld A.R subm..." is an essential condition for invoking the provisions of sec.56(2)(ix). If the money has not been received in the course of negotiations for transfer of capital asset, then the provisions of sec.56(2)(ix.... The assessee had issued share warrants to ten persons @ Rs.36.45 per share. The assessee had allotted shares against share warrants issued to them upon payment of 25% of the value ...

...granting the approvals as sought for by the Company. The following directions were also issued by BIFR vide the said order dated November 01, 2012: - The validity of the existing share warrants of `2,500 lakh held ...said Co- promoter is allowed to sale/ transfer the said revalidated equity share warrants to non- promoter entities; ii) The allotment of the fresh equity share warrants of Rs. 2500 lakhs...share warrants to non-promoter entities. - The allotment of fresh equity share warrants of `2,500 lakh to the non-promoter entities was also approved against the payment of 10% ...

...directors for the offences of not sending the dividend warrants, transfer of share certificates or Articles of Association as requested by the members and other offences as contemplated in the Act...Economic Offences in Karnataka, at Bangalore, on the allegation that the petitioner companies had violated certain provisions of law in not sending the share certificates duly transferred in his name failed...respondent is a permanent resident of Bangalore and the letters requesting the company to transfer the shares and also to send memorandum of articles, balance sheets, etc. were sent from Bangalore, to the...

...sub-section (1). It has to be noticed in this connection that even though Section 22(1) does confer a right in the co-heirs to acquire the share of another co-heir who proposes to transfer the share there is nothin...proposes to transfer his undivided share. Another peculiar element present is that here, the value of the consideration of the proposed transfer should be decided by the Court unless otherwise agreed...for a direction for transfer of the 1st respondent's share in favour of the petitioner as a further relief consequential to such a declaration are totally outside the scope of an application under...

...that has been transferred on the date on which exchange took place can be computed as under: Value of 4,50,000 shares of M/s Yashraj as on the date of transfer i.e. 01.11.2010 = 4,50,000 *Rs.27.10 per ...value of 4,50,000 shares on the date of transfer dated 01.11.2010 would be Rs.1,21,95,000/-, because the acquisition price of the share of the company M/s. Yashraj Containers Ltd. was Rs.27.10 per...share warrants stood forfeited. As per the data available on internet (www.moneycontrol.com) the closing price of the company M/s Yashraj is Rs.27.10 per share on 01.11.2010. Hence the value of the assets...

...577, Distinctive Nos. 812681-937050 ... Nos. of Warrants held 1,24,3 70. As per the terms and conditions between Mic Can Bank Mutual Fund and share Broker Mr Shreni.k Jhaveri, the said Tractable...Equity Warrant had to be bought back by Mr Shrenik Jhaveri a Registered share Broker of Bombay Stock Exchange at the rate of Rs 24/- per warrant. Therefore the said Equity Warrants Certificate along with...duly signed transfer deed form handed over to share broker Mr Shrenik Jbaveri by Mis Can Bank Mutual Fund, within the period of one year the non-applicant had to pay the consideration of the said...

...behaviour on the premises of the establishment.(iii) Gross negligence.(iv) Wilful damage to property of the establishment, namely removal or destruction of transfer deeds specimen signat...payments of interests to debenture holders. One S.D Nagarkar was a co-workman in the share department who was entrusted with the work of transfer of debentures. During the period of 14 December, 1...deeds of debentures, transfer receipts and paid out interest warrants were missing from the record and an explanation in regard thereto was obtained from the petitioner. The evidence further suggests...

...deposit of ` 4,85,00,000 on 05-12-2006 which were transferred to Murli Industries on 06-12-2006. This transfer may be for the conversion of share warrants to shares. In Inco Infrastructures Pvt Ltd there ...be for the conversion of share warrants to shares. Lakhi Packaging Pvt Ltd had.... The IT Department had found certain documents in the office of the company suggesting manipulation in the share price of the company and stated as under: 4.1 Page 7 & 8:- Theses pages are duly...

.... b. It was observed that there was change in the shareholding of the promoter and promoter group entities due to sale of shares or off market transfer of shares by the Noticees and the share capital ...fully convertible warrants to certain promoter/promoter group entities, which were converted into equity shares during the quarter ended March 31, 2012 and June 30, 2012. c. The details of the...disposed off as % of paid- up share capital No. of shares held post- acquisitio n/ post- disposal % of shareho lding held post- acquisit ion or post- disposa Mode Consolidated % of shareholding...

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...against the Noticees, howsoever meagre would be against the fairness and principles of natural justice. It is clear that there was no transfer of funds between the Noticees and Noticee 12 to facilitate subscription .... 'Share Warrants' sold by these Noticees are not 'shares' of the Company but are mere right to acquire the shares specified under the warrants and due to the same when such warrants are transferred, the r...with the depository until the warrants are converted into equity shares. As you are already aware that the share warrants are property transferable and sellable. Further, purchase and sale of the share ...

...far as the second aspect of the prayer is concerned, prima facie this Court does not find any material that warrants transfer to the third respondent. If at all the petitioner has some materials to share which may ...seeking transfer of investigation of the case in Crime No. 84 of 2019, now pending investigation on the file of the sixth respondent.2. The primary allegation in the case is that a...Prayer:- Petition filed under Article 226 of the Constitution of India seeking a Writ of Mandamus, to...

...crore received by SIL from Ishita Gala on January 1, 2021, was transferred to another SBM account of SIL on January 2, 2021, with the narration "Share payment transfer." 16...SCL. This balance included ₹4.61 crore previously received from Ishita Gala as subscription money toward share warrants. Out of this balance, ₹6.56 crore was transferred by SIL to SCL, which was...account. Prior to the transfer, SIL had a balance of ₹6.56 crore in this account, which was the same amount received by SIL earlier as subscription money for convertible warrants from Ushik Gala. Following...

...set up by the Infosys Technologies Ltd. The Trust was allotted warrants of Re. 1 each, each warrant entitling the holder thereby to apply for and be allotted one equity share of face value of Rs. 10 each f...entitling the holder thereof to apply for and be allotted one equity share of Rs. 10 (face value) for a total consideration to be determined by the Board of Directors of Infosys. The consideration recommended by th...transfer of the warrants/shares back to the Trust on the happening of certain events enumerated above.4. ESOP is intended to benefit a company by enabling the company to attract and retain the be...

..., invest in, hold, possess, retain, sell, transfer, dispose of, guarantee, trade in, pledge, forward deal, or forward deal, or otherwise lodge deal in shares, stocks, debenture stocks, warrants, share...scripts, share applications, deposit certificates, securities bonds, certificates obligations, mortgage deeds, negotiable instruments and such other documents of any governments, industrial enterprises...Ashok Kumar Mishra, Member (Technical):— This Company Application is filed jointly on Behalf of the Applicant Companies, praying to order for dispensing the convening of meeting(s) of the...

.... It is observed from the above table that there was a change in the shareholding of the promoters. The change was due to sale of shares/off market transfer of shares by the promoters. Further, the share c...the Share Transfer Agent of the Company and from the statement of transaction of the Noticees received from NSDL/CDSL, the following are the list of transactions where the promoter entities (Notic...conversion of their warrants. (b) Bankers of Kanchan had issued notice under section 13(2) of SARFAESI Act, 2002. Attention of the promoters of Kanchan was to meet the financial obligations ...