Justice JB Pardiwala
Corporate Undertaking To Pay Third Party Not Mere Freight Arrangement; Constitutes Valid Guarantee :...
Court notes that the guarantor’s written assurances and conduct clearly established a commitment under Sections 126–128 of the Indian Contract Act.
SEBI Can Impose Penalty For PFUTP Violations Even If WTM Proceedings Exist; Illegal Diversion Of...
Court upholds parallel jurisdiction of Adjudicating Officer, says post-facto shareholder approval cannot validate fraudulent diversion of preferential...
