Tag Archives: NCLT

Preference shareholding cannot be equated with equity shareholding to invoke section 244. [Cyrus Investments (P.) Ltd. v/s. Tata sons Ltd.]

Cyrus Investments (P.) Ltd. v. Tata sons Ltd. C.P. Nos. 82/241, 242,244/NCLT (MAH.) OF 2016 Forum: National company law tribunal, Mumbai bench Bench: B.S. V. Prakash Kumar (Judicial member) & V. Nallasenapathy (Technical member) Decided on: March 6, 2017 Relevant provision: 1. Section 241, 242 & 244 of companies act, 2013 2. 397, 398 & […]

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