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Judgment Search Results Home > Cases Phrase: debentures companies act Court: union territory consumer disputes redressal commission ut chandigarh Year: 2003 Page 1 of about 2 results (0.038 seconds)

Jan 23 2003 (TRI)

Rajinder Mohan Vs. Gujarat Perstrop Limited and Another

Court : Union Territory Consumer Disputes Redressal Commission UT Chandigarh

Decided on : Jan-23-2003

..... year from the date of allotment of debentures. it was further contended that as a net worth of the respondent no. 1 - company became negative, a reference under section 15 of s.i.c.a. was made to b.i.f.r. and i.d.b ..... not file a proper reply in the form of the written statement and instead moved an application under section 22(1) read with section 32 of the sick industrial companies (special provisions) act, 1985 wherein the objection taken was that a reference had been made to the board for industrial and financial reconstruction (for short hereinafter referred to as the b.i ..... .i.d.c.), gandhi nagar district (state of gujarat) on 2nd and subservient charge basis. the said debenture trust deed was duly registered with the sub-registrar of assurances. the respondent no. 1 - company, it was alleged, in furtherance of the debentures trust deed allotted debentures on 15.3.1994 which were redeemable in two equal instalments at the end of 7th and 8th ..... written statement wherein a plea was taken that it was acting as a trustee of the debentures in question for public-cum-rights of partly convertible debentures aggregating in nominal value of rs. 1.8 million issued by respondent no. 1 - company vide its prospectus dated 6.12.1998. the respondent no. 1 - company had executed a trustee agreement on 18.3.1994 and on .....

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Jan 29 2003 (TRI)

O.P. Kohli Vs. Roop Lal Nangia and Others

Court : Union Territory Consumer Disputes Redressal Commission UT Chandigarh

Decided on : Jan-29-2003

..... his independent investigation and rather a word of caution was always put across. in para 19, it was mentioned that the complainant had himself mentioned that he applied for debentures and received allotment advice and post-dated cheques etc. and in the last para 20, it was deposed that the o.p. no. 3 has got no personal ..... appliances ltd. allotted three numbers non-convertible debentures of rs. 5,000/- each full paid up for cash bearing no. a-00000893 to 00000895 with regd. folio no. 0010566. the letter of allotment bears no. 0010566 ..... the complainant sent a cheque for a sum of rs. 15,000/- to the appellant shri o.p. kohli on 1.10.1996 for the aforesaid investment with the company and described the appellant shri o.p. kohli as agent of m/s. elite appliances ltd. 3. there is no dispute about the facts that m/s. elite ..... the have been directed to pay a sum of rs. 15,000/- to the complainant with interest @ 9% per annum from the date of redemption three debentures w.e.f. 31.3.1998 till payment. they have further been directed to pay to the complainant rs. 197/- as interest on delayed payment of interest components of ..... , the complainant was not a consumer qua him and the complaint was not maintainable against him under the provisions of c.p. act it was, however, not disputed by o.p. no. 3 that he was acting as an agent of l.i.c., u.t.i. and p.p.f. and there is a specific denial of his .....

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