Search Results for Tag : Shareholder

News

Bom. HC: Stock Broker Can’t be Booked for Duping Shareholders Only for Forwarding Whatsapp Messages(22.07.2024)

Bom. HC has observed that merely because a stockbroker has forwarded certain WhatsApp messages concerning details of shares that could be said to be d.....

Tags : Bombay High Court, Shareholders, Stock Broker

NCLT Mumbai: Oppression Claims Against Majority Shareholders Do not Justify Winding up a Company(16.12.2025)

NCLT Mumbai dismissed a winding-up plea against Nissan Motor India's former partner Hover Automotive India, ruling that allegations of oppression by m.....

Tags : Shareholders, Company, Claims

SC: Fraudulent Diversion of Company Funds Cannot be Validated by Later Shareholder Ratification(18.03.2026)

Supreme Court ruled that diverting funds raised via preferential allotment for undisclosed purposes constitutes fraud under securities law and cannot .....

Tags : Company Funds, Shareholder, Fraudulent

SEBI Penalises NDTV Over Non-disclosure of Loan Terms(30.12.2020)

Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs. 5 Crores on New Delhi Television Ltd (NDTV) for not disclosing information .....

Tags : Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs. 5 Crores on New Delhi Television Ltd (NDTV) for not disclosing information on loan agreements with Vishvapradhan Commercial (VCPL) to public shareholders.

Kar HC: Shareholder Can't Itself Initiate Proceeding Before Magistrate for Fraud Under Companies Act(27.10.2022)

Karnataka High Court has held that a shareholder, minority or otherwise, cannot initiate proceedings before the Magistrate by himself or herself for a.....

Tags : Karnataka High Court, Shareholder, Fraud

Bom. HC: Advance to Shareholder Not Used for Company’s Business Will be Treated as Deemed Dividend(18.08.2025)

Bombay HC has ruled that advances given by a company to a shareholder, if not proven to be used for the company’s business, will be treated as deemed .....

Tags : Bombay High Court, Income Tax Act, Section 2(22)(e), Deemed Dividend, Shareholder Advance

Firm which is Not a Shareholder in Pvt. Company can’t be Taxed for Deemed Dividend: ITAT(04.04.2019)

Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that a Firm, which is not a shareholder in a private company cannot be taxed for deemed d.....

Tags : ITAT, Deemed Divident, Firm not a shareholder

Firm which is Not a Shareholder in Pvt. Company can’t be Taxed for Deemed Dividend: ITAT(04.04.2019)

Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that a Firm, which is not a shareholder in a private company cannot be taxed for deemed d.....

Tags : ITAT, Deemed Divident, Firm not a shareholder

Notifications & Circulars

Exit Offer to Dissenting Shareholders(01.12.2015)

The Securities and Exchange Board of India has released a discussion paper titled “Exit Offer to Dissenting Shareholders”. It draws attention to insta.....

Tags : Dissenting shareholder, prospectus, exit offer

Conditions and manner of providing exit opportunity to dissenting shareholders(17.02.2016)

The Securities and Exchange Board of India notified the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second .....

Tags : Dissenting shareholder, exit opportunity