Letter of Pledge

Supreme Court quashes criminal proceedings in share pledge dispute: Prakash Aggarwal vs. Ganesh Benzoplast Ltd. (28 April 2023)

/ B.R. Gavai, Contract Law, Indian Penal Code, 1860, Indian Penal Code, 1860 with Section 406, Indian Penal Code, 1860 with Section 420, Inter-Corporate Deposit Agreement, Judges, Letter of Pledge, Vikram Nath

Supreme Court quashes criminal proceedings in share pledge dispute: Prakash Aggarwal vs. Ganesh Benzoplast Ltd. (2023) LEGAL ISSUE: Whether a contractual dispute involving the sale of pledged shares can be escalated into criminal charges of fraud and breach of trust. CASE TYPE: Criminal Case Name: Prakash Aggarwal vs. Ganesh Benzoplast Limited Judgment Date: 28 April […]

Supreme Court quashes criminal proceedings in share pledge dispute: Prakash Aggarwal vs. Ganesh Benzoplast Ltd. (28 April 2023) Read Post »

Supreme Court quashes criminal proceedings in share pledge dispute: Prakash Aggarwal vs. Ganesh Benzoplast Limited (28 April 2023)

/ Abuse of Process, Arbitration and Conciliation Act, 1996, Arbitration Proceedings, B.R. Gavai, Code of Criminal Procedure, 1973, Contract Law, Indian Penal Code, 1860, Indian Penal Code, 1860 with Section 34, Indian Penal Code, 1860 with Section 406, Indian Penal Code, 1860 with Section 420, Inter-Corporate Deposit Agreement, Judges, Letter of Pledge, Vikram Nath

Supreme Court quashes criminal proceedings in share pledge dispute: Prakash Aggarwal vs. Ganesh Benzoplast Limited (2023) LEGAL ISSUE: Whether a criminal case for breach of trust and cheating can be initiated when shares pledged as security are sold by the lender as per the terms of the agreement. CASE TYPE: Criminal Case Name: Prakash Aggarwal

Supreme Court quashes criminal proceedings in share pledge dispute: Prakash Aggarwal vs. Ganesh Benzoplast Limited (28 April 2023) Read Post »

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