Depositories Act, 1996

Supreme Court settles the rights of Nominees in Company Shares in succession matters: Shakti Yezdani vs. Jayanand Jayant Salgaonkar (2023) INSC 1076 (14 December 2023)

/ Companies Act, 1956, Companies Act, 1956 with Section 109A, Companies Act, 1956 with Section 109B, Depositories Act, 1996, Depositories Act, 1996 with Bye-law 9.11.7, Indian Succession Act, 1925, Intestate Succession, Testamentary Succession

Supreme Court Clarifies the Rights of Nominees vs. Legal Heirs in Company Shares Date of the Judgment: 14 December 2023 Citation: (2023) INSC 1076 Judges: Hrishikesh Roy, J., Pankaj Mithal, J. Can a nominee of shares in a company become the absolute owner of those shares upon the death of the shareholder, or do the […]

Supreme Court settles the rights of Nominees in Company Shares in succession matters: Shakti Yezdani vs. Jayanand Jayant Salgaonkar (2023) INSC 1076 (14 December 2023) Read Post »

Supreme Court clarifies the interplay between pledge under Contract Act and Depositories Act: PTC India Financial Services Ltd. vs. Venkateswarlu Kari (12 May 2022)

/ Dematerialized Securities, Depositories Act, 1996, Depositories Act, 1996 with Section 12, Indian Contract Act, 1872, Indian Contract Act, 1872 with Section 176, Indian Contract Act, 1872 with Section 177, Judges, M.R. Shah, Pledge, Sanjiv Khanna

Supreme Court Clarifies Pledge Law and Depositories Act: PTC India Financial Services Ltd. vs. Venkateswarlu Kari (2022) Date of the Judgment: 12 May 2022 Citation: (2022) INSC 479 Judges: M.R. Shah, J., Sanjiv Khanna, J. Can a pawnee (lender) automatically become the owner of pledged shares by simply recording themselves as the beneficial owner in

Supreme Court clarifies the interplay between pledge under Contract Act and Depositories Act: PTC India Financial Services Ltd. vs. Venkateswarlu Kari (12 May 2022) Read Post »

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