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Judgment Search Results Home > Cases Phrase: debentures companies act Court: orissa Year: 2010 Page 1 of about 3 results (0.031 seconds)

Nov 16 2010 (HC)

Sudarshan Gochhayat. Vs. State of OrissA.

Court : Orissa

Decided on : Nov-16-2010

..... within the meaning of any law relating to co-operative societies for the time being in force in any state. anil agarwal foundation which is a company registered under the companies act does not fall under any of the categories of the authorities for whom a valid land acquisition process can be launched to acquire land for serving the ..... that employment and have continued to be members after the employment ceased; and (c) prohibits any invitation to the public to subscribe for any shares in, or debentures of, the company. (d) prohibits any invitation or acceptance of deposits from persons other than its members, directors or their relatives: provided that where two or more persons hold one ..... rules.154. the various points discussed above will facilitate a clearer perception of the position that under the companies act, there are three kinds of companies whose rights and obligations fall for consideration, namely, private companies, public companies and private companies which have become public companies under section 43-a(1) but which retain, under the first proviso to that section, the three ..... the acquisition for a private cooperative house building society to construct houses for its members must be a private purpose. 8. explanation. private company' and government company' shall have the meanings respectively assigned to them in the companies act, 1956 (1 of 1956). a plain reading of the fascicule of these provisions clearly indicates the distinction, statute has envisaged, namely, .....

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Nov 16 2010 (HC)

Jayaram SwaIn and ors.Vs. State of OrissA.

Court : Orissa

Decided on : Nov-16-2010

..... within the meaning of any law relating to co-operative societies for the time being in force in any state. anil agarwal foundation which is a company registered under the companies act does not fall under any of the categories of the authorities for whom a valid land acquisition process can be launched to acquire land for serving the ..... that employment and have continued to be members after the employment ceased; and (c) prohibits any invitation to the public to subscribe for any shares in, or debentures of, the company. (d) prohibits any invitation or acceptance of deposits from persons other than its members, directors or their relatives: provided that where two or more persons hold one ..... rules. 154. the various points discussed above will facilitate a clearer perception of the position that under the companies act, there are three kinds of companies whose rights and obligations fall for consideration, namely, private companies, public companies and private companies which have become public companies under section 43-a(1) but which retain, under the first proviso to that section, the three ..... the acquisition for a private cooperative house building society to construct houses for its members must be a private purpose. 8. explanation. private company' and government company' shall have the meanings respectively assigned to them in the companies act, 1956 (1 of 1956). a plain reading of the fascicule of these provisions clearly indicates the distinction, statute has envisaged, namely, .....

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Jul 28 2010 (HC)

Pradeep Kumar Sahoo and ors. Vs. State of Orissa and ors.

Court : Orissa

Decided on : Jul-28-2010

..... to 39% by gridco and as to 10% by the trustees, all such shares being fully paid."" cesco is a public company ltd. by shares and was incorporated under the companies act, 1956 on 19th november, 1997."" jvco recognizes that gridco's principal objectives in selling a majority stake in cesco to jvco ..... merger or amalgamation of the business with the business of any other entity;5.3.6) the subscription for or acquisition or any shares, debentures or securities or interest in any other entity;5.3.7) the incurring of borrowings which would breach covenants in world bank or other ..... managing director had no authority to create the new cadre i.e. "revenue improvement cadre", it was an internal matter of the company and the company cannot hide behind the plea that the managing director did not have the necessary authority. the petitioners have walked into the present state of ..... hereinabove and the order of termination was passed by complying with the terms of agreement for service entered into between the petitioners and opposite party-company. upon termination, the management offered the petitioners an opportunity to be re-inducted to the cesco cadre but on the specific term and conditions ..... the same.16. in so far as other contentions raised by the petitioners are concerned, the following facts clearly emerge.the cesco (opposite party-company) decided to create a "revenue improvement cadre" and circular inviting application was issued on 21.2.2000 (annexure-2). the petitioners submitted their .....

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