Tag Archives: Bombay High Court

ILN Today Post
February 2, 2017

Bombay High Court – Rights of Successors to Prevail Over Those of Nominees of Shares

By LexCounsel Law Offices of LexCounsel Law Offices

(Holding the view in the earlier Kokate Case as incorrect, the Division Bench of the Bombay High Court has clarified the position of law with respect to rights of nominees versus those of successors over shares of a company. The Court has held that nomination does not override the law in relation to testamentary or intestate succession, and vesting under Section 109A (of Companies Act, 1956) does not create a third mode of succession.)

Posted in Legal Updates | Middle East
Read full article
ILN Today Post
October 30, 2015

Mumbai gets favorable order from Bombay High Court

By Singhania & Company of Singhania & Co

The deal was relating to an Agency agreement between an Indian agent and our client, a foreign principal. The Agency Agreement was for supply of certain material by our client against a Government Tender. The Agreement was for a period of 10 years.

Our client terminated the Agreement by giving due notice. The Indian agent filed civil suit for declaration stating that the Agreement was wrongly terminated and he continues to be the agent. 

Posted in Middle East | News
Read full article