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    <title>2016 (9) TMI 514 - DELHI HIGH COURT</title>
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    <description>The court found in favor of the petitioners regarding the non-issuance of warrants and CRPS shares, holding the respondents responsible for the failure to comply with the agreements. The court ordered the respondents to take steps to reconsider the warrant application and return the consideration for CRPS shares with interest. Additionally, the court held the respondents accountable for not compounding offences under the Income Tax Act, ordering them to deposit a specified amount in fixed deposits and proceed with arbitration.</description>
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      <description>The court found in favor of the petitioners regarding the non-issuance of warrants and CRPS shares, holding the respondents responsible for the failure to comply with the agreements. The court ordered the respondents to take steps to reconsider the warrant application and return the consideration for CRPS shares with interest. Additionally, the court held the respondents accountable for not compounding offences under the Income Tax Act, ordering them to deposit a specified amount in fixed deposits and proceed with arbitration.</description>
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