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    Tag: India corporate law

    Private Resolution Cannot Wipe Off Liability : Supreme Court Says Shareholder Ratification Cannot Cure Fund Diversion
    Private Resolution Cannot Wipe Off Liability : Supreme Court Says Shareholder Ratification Cannot Cure Fund Diversion
    Supreme Court

    Private Resolution Cannot Wipe Off Liability : Supreme Court Says Shareholder Ratification Cannot Cure Fund Diversion

    The Supreme Court of India held shareholder ratification cannot validate securities law breaches, reinstating Securities and Exchange Board of India penalties on Terrascope Ventures Limited and its directors for violating PFUTP Regulations involving fund misappropriation.

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    NCLAT Ruling Not Invalid Simply Because Technical Members Formed the Majority: Supreme Court in Bharti Telecom Capital Reduction Case
    NCLAT Ruling Not Invalid Simply Because Technical Members Formed the Majority: Supreme Court in Bharti Telecom Capital Reduction Case
    Supreme Court

    NCLAT Ruling Not Invalid Simply Because Technical Members Formed the Majority: Supreme Court in Bharti Telecom Capital Reduction Case

    The Supreme Court of India dismissed appeals by minority shareholders of Bharti Telecom Limited challenging its share capital reduction. Justices Sanjay Kumar and K. Vinod Chandran held share valuation is an expert matter under the Companies Act, 2013.

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    ‘Unconstitutional Penalty Regime’: Apple Tells Delhi High Court It Can’t Be Forced To Face CCI Proceedings
    ‘Unconstitutional Penalty Regime’: Apple Tells Delhi High Court It Can’t Be Forced To Face CCI Proceedings
    High CourtLatest news

    Delhi High Court Says ‘Bring Counter on Record’: Apple Challenges CCI Audit & Global Turnover Penalty

    Delhi High Court directs Centre and CCI to place their reply on record in Apple Inc’s plea challenging audit orders and Competition Act amendments. Apple argues penalties based on global turnover could reach USD 38 billion.

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