2016 (10) TMI 600

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.... Devki Nandan , S. Agarwal and Pradeep Govind Dinkar ORDER C.P Nos. 07/241, 242, 244 & 246/NCLT/MB/MAH/2016 When the Petitioner moved this CP under sections 241,242 & 246 of the Companies Act, 2013 for interim restraint orders against the EOGM scheduled to be held on 11.07.2016 i.e. today for removal of the Petitioner as director of the Company, this Bench, having seen R1 Company incorporated ....

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....o the valuer in proportion to their respective shareholding. Valuer is at liberty to take assistance of the property valuer of its choice to value the assets of the company. 2. That Auditor shall audit the company since incorporation of R1 company by ascertaining how much money was put in the company by each group and how much company money was taken out by each of these groups from the company ....

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....ll consideration receivable by R2-4 is paid to them by the petitioner. 4. That the Road passing through R1 Company land to the company namely Ram Metal Pvt. Ltd run by R2 & R4 shall be valued and on such valuation, R2 &4 shall pay 50% of its valuation to have joint rights on the said Road to reach to R2 & R4's Company. For still there being fifty percent right to R1 over the said land even a....

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....ade within 15 days from the date valuer has filed his report before this bench, and the subsequent five payments shall be paid on or before 7th of every month. 7. That the Petitioner shall, hereafter, pay the Bank instalments of R1 Company, and he shall discharge R2 from the personal guarantee given to the loans taken for R1 company within 30 days hereof. 8. That R2, R3 & R4 shall deposit shar....