2017-TIOLCORP-03-SC-MISC
Bank Of New York Mellon Vs Zenith Infotech Ltd
Whether a reference made u/s 15 of the SICA can be refused by the Registrar, Secretary and Chairman of the BIFR at the scrutiny Stage - NO : SC
Whether such refusal of registration of the reference sought by the respondent Company by the Registrar, Secretary/Chairman of the Board is non-est in law - YES: SC
Whether a reference pending before the BIFR stands foreclosed by the order of winding up of the Company - NO : SC
Whether such reference must, understood to be pending before the Board on the relevant date attracting the provisions of Section 252 of the Insolvency and Bankruptcy Code - YES: SC
- Appeal Disposed of: SUPREME COURT OF INDIA
2017-TIOLCORP-10-HC-DEL-MISC
Council Of The Instt Of Chartered Accountants Of India Vs Vs Kailash Chander Agarwal
Whether the Institute of Chartered Accountants of India is right in removing the name of a chartered accountant from its register of members for a duration of five years, on the chages of issuing false due diligence certificate which formed the basis for listing of shares of a company - YES: HC
Whether issuing a certificate which certifes a wrong date of realisation of cheques and credit into the account of the company under the head of share application money, is an act of professional misconduct - YES: HC
Whether Form 2 could form the basis for issuing such due diligence certificates when the date of issue of form under signatures of the Company Secretary of the Company, is later than the date of the certificates - NO: HC
- Case disposed: DELHI HIGH COURT