{"id":46331,"date":"2009-11-26T00:00:00","date_gmt":"2009-11-25T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/the-regional-director-ministry-of-vs-mphasis-limited-on-26-november-2009"},"modified":"2016-05-25T06:26:42","modified_gmt":"2016-05-25T00:56:42","slug":"the-regional-director-ministry-of-vs-mphasis-limited-on-26-november-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/the-regional-director-ministry-of-vs-mphasis-limited-on-26-november-2009","title":{"rendered":"The Regional Director Ministry Of … vs Mphasis Limited on 26 November, 2009"},"content":{"rendered":"
Karnataka High Court<\/div>\n
The Regional Director Ministry Of … vs Mphasis Limited on 26 November, 2009<\/div>\n
Author: K.L.Manjunath And Kumar<\/div>\n
---\u00bb-m-mm --nun LUUKI $,J?t,'Kiu<i\\\u00a3ATAKA mere coum or KARNATAKA met\u00bb: COURT or KARNATAKA HIGH count or mmamm Hm:-1 swun-\n\nIN T!-H Hl\ufb01 CW8\u00bb? 0? mmwrzum AT  RE\n\nmun ms um 26"' my ear rzovmzn 2009 \n\nPRESENT\n\nmm Imus\u00bb: mi. avsmzcz x L   % T 1  \n\nAN?\n\n'rm I-m<r*s1:.z !!R.JU8TIGE_<_ARHVI$t'B f \u00b0  \n\nom mas or %%2%"'e\u00a7_%': M\n\n1. 'rho Regional Director  '\n\n   .  ss.3:.nmma.z\u00bbm -\n '\u00bb_samI*rHs.ma% 5.. xanmaas : 31135335 SHMFF\n' " & CO. ""'  }\n\nsoutharn Rsg."\u00a7.ea_V '_'-- ._ I\nshastri shaman   .. 1   \n5"' float, ::'26,_Hd'&ti\u00a7u\u00bbs"-.rg\u00a3w.1__ " _ "\nChennai 61.'3t'3._ti\u00a3!\u00a7;_  ~ \n\nwho  9;'  _' \nKarnataka' ' _   " __\nxmdriya V' sedan  ;a\u00a7\u00a3ng'ala\n\nBa::qa1o.::eV.._V V .. APP\u00a3hmNTs\n\n \nA Uz:y\u00a2gn::y_ .i'rg:arporata6 mach: tha\n\nV VV _ Compizy \ufb01at", ""1956 and\n\nits; ragiatoxw o\ufb02im\n\n:'1T30\/1;' I-roan: Kain road\n- _ \u00bb1f::mn:f'm:ga.I.n, sangalora 56\u00a2 {:95\n_' __xa;'rzetaka '\n\n. . . REPONBEHT\n\n$\u00bb.@FU!\u20acS\ufb01: 1' or\n\n6?'\n\n\n\nmum. W lu-mnI1rs'u-:m;m-sawnarrl-=&..-\\iW"K9f\ufb01i'""'7'"?:'"WIW!!\ufb02'I-HRH-'-'-"V1Ii#\ufb02'-HVUKI -ur :umwm~n1m' -'!"llu1"I-LUUIU U?' Mum-A'mxA HKEH t'..';UUl{"i UP smtcmnmxm -?'~lIuv!-1'l.-.-.\u00a3..1t=-.t:v\n\nTHIS OSA 18 FILSD U\/8. 391$?) ARD SECTION\n(83 268 OF THE CHPANIIS ACT, 1956 A\ufb02hl\ufb02\ufb01? T33\n\nORDER DA'\u00a3'E\ufb02 19.6.2037 335839 B'! THE LEARNED \n\nSIRGBE JUDGE IN COMPANY PSTITIOR 310.121\/2006.\n\nms osa comm; on ma HEARING 11113 _f \n\nHANJUNATH J... DEBIVERED THE FOLLDWIRG:\n\nJUDG-HEN'!\n\nThe short question  a ti_aeas_ '- f:\u00a7v\u00a3"'~' \n\ncanaidaration is,  an  \nof a. Cowany, the  '4 in\nrequi red to pay . .   *    "t':\n\nconsequential    share\n\ncapital cf tiimv  \n\n2. The fists  tn\u00bb this case are\nstgstagi   V  _____ \n\nrgslofsngdsaiiizis is a Cemany incaxpozated\n\n  at the Indian Companies\n\n .. its registered affiae at\n\n  Kean: Kain Rand, xoxamangala,\n 95. Th: main objvwt cf the Comany\n manufacture aithax: for its own use \u00ab:31:\n\n \"\u00a3uVrQr male in India or for export autside India\n\naw\n\n\n\nawwn 5\"\\.Il \"Mn:-wntnnm '!r\"n\\.'.VI-W -'L~\u00e9|4Jl'J!\u20ac\"'  '9'II\"K\u00a7!\"'i L\u00a73'U4Kl WP KARNATA'KA      \n\nshaxnholtiazzs to max gpxaval to the Schema.\n\naacardingly, a meeting was convened \n\nsubsequently, in Company appJ.i::ati<m_ \ntho Court: approved the schema of \nwith the transferee \n\nat Bombay by order datVcat14_'.2.2'\u00ab..?G0': :5; \n\nPetition 663\/206   \nApplication 937\/2t3'f:J<_'I"ig  gia\ufb01sfaror\ncawnny was r\u00a79'13te;:V\u00a7;i?;:Rfagistxax csf\ncompanies,  f.~.;ni  r\u00a7 \u00a3ition 121\/06,\n\nthe  ttzotice to the\nappo11:\u00a7:\u00a3  i.',_;;%f:*V\u00a7\u00a5',.Vf;;3.:::.L.,~;'<V:bja<:tisons, it any\n\ntn: the  \n\n . A'  filed ohjectiane stating\n  .AV.a;a.\u00a7.$nount of azmlgaszaaticn, the\n\n  _ t:#22:\u00a5ta_\u00e92a3;:3.E"~~'\u00e9\u00a7@any wmzld he dissalvad and the\n cmany would exist. an aecatmt of\n   or hmalgamaticm, the authorised\naa\ufb01ital of tha respondent-transferee comany\n\nA ' ' gats incraaaad and humid an the inmwasa of\n\nauthcsriaed czwital, ths xeaptsndent cwwany has\n\n$2\n\n\n\n'III-'\u00a7tr'nuf my\n\n"""""'""""'" "'"""" U-'UK'? ;G'F~..KARNATm<A HiGH come": OF KARNATAM HIGH coum OF KARNATAKA HIGH COURT or 2(ARNAm:c.A rmm I...uuz\u00a3.V_tha '  \"befora um is that.\n\nin vim. .. gt   Clause 3 of tho\n\n   xzelivandentz {Sammy in\n\nro\ufb01a ....   pay the nnquisita\n\n \u00a3003 on account at the\n\n z  amthezisad capital fees clue to\n  the tranafcrar company. To anppart:\n the learned counsel has relied\n\n the juagmt at the Hermie Supreme Cmzzt\n\nV. in Bmi\ufb02\ufb01\ufb02bl CAPITILL HARIETS EIHIEED \"' 'F5 *-\n\n(if,\n\n\n\nww: \\mv\u00bb\\ M saw: 'I\\l\"lI%-I 1r|i\u00a2'!..i\\r'I\n\n* I\"-H ' **--VUIUA ,.\\-if zxmmwnannn l\"HUl'| LUUKI U?\" KARNAEEAKA HIGH COURT OF KARNAYAKA HEGH COURT OF KARNATAKA HIGH COUR'\n\nSECURITIES AND $XC\u00a5%3 BOARD OF INDIA AND\n\namnmns ruportm\ufb01 in 2007 AIR saw ej14.\n\nEurthar, xalying upon head nete A at \njudgment, ha contends that, on   \u00e9f'   \nincrease in authorised shalt; \n\nrespondent-Canxpany dun ,t_o bf  'V\n\ntxanafezox: company with  \u00a7i\u00a7.1f\u00a7.'e.V -I is\nincraasn in th\ufb01  ca\ufb01vit\ufb01, that\n:mapc>nsiont\u00ab-cownny   pay the\nrogistrati-cm_\"    in schedule\nx (3) of \u00a3\u00a7s{\u00a2\u00a7\u00a7pun\u00a3s\u00a7\ufb01\u00a7s\u00a7\u00a7 *%\n\n   contends\n\nthat  .1.-.1;a \" li\u00e9arixe\ufb02 Eompany Judge has not\n\n   'V\ufb01ii\u00e9r in interfaring with this\n Company Judge has czlearly\n\n'    18 oz! the azdaz: relying upcn that\n of other courts. Acccrdinq to him,\n  1-aliad upcm by the learned\n fax the appellant is 11:31: applicable to\n\n ' \" ths \ufb01acsts and czixcurastanccs at the case since\n\nthe Supreme Court had no mcniun 4:6: consider\n\n2\n\/\n\n$5\n\n\n\n\"\"\"'\"\"\" '\" ''\"\"''\"'\"''''\"'''*'' W-3\"\" I-UWT Q9-K\ufb01RNATAK\ufb02 i~ilGiri count or KARNATAKA HIGH coum or- KARNATAKA mun Luuau ur mmmmm maul\": e.........\n\nthe cause at manger: read with schedule 16(3) or\n\nthe Cotwaniea Act. According ta him, \n\nquastian raised by the appellant \nbeen answered by several High cou:t\u00a7V:\"_:~-\u00a7\u00a7._!m:i.::~ \nsame nae net been challengnf\u00e9-i  ;t'haB\n\nDiracter at said etetae.  \n\nrequests the court to  the\"\n\n8 . On perueel o\u00a3_V_\u00a71:i_aVV  won\n\nby the   we\nare of the   iiwolved in the\nsaid case  izxereiead in this man\nare enhv\ufb01ei\ufb01 '  Therefore. the\ne\u00a3oros'\u00a7n\ufb01\u00a7.e_   mt calm to the aid\n\n  ..... \n<\/pre>\n
A\u00a7._.  cempamy Judge in Qua 3.6<\/p>\n
 .t11e er\ufb01e: hen czzleerly held that than is no
\n4’_’as\u00a7m\u00a7s:.3;ty tor the respondent cmany to pay
\n fee ox stem duty since then is no<\/p>\n
dhlige\ufb02an ax: raeecm fax: the two mnlgametod<\/p>\n
.uI..:ns wt” tut-\\M’u-\\iM:\\.H mun >i..U’UKi 5.,lr_:\\AKNAIAnA r-mm guuxr ur KAKNAIAKA man {.’0UR’l OF KARNA!’A\u00a5(A runs:-1 uuux: or unxmamnw mun Luum<\/p>\n
cczwanias to pay duty on the: seam authorised<\/p>\n
emits). on which they have already paid. <\/p>\n
10. \u00a3::i.Nnqanaz1d has raliud_..__ 1\u00a7._p9n A.\/.::’
\nDivision Bench judgment oxf tgi\ufb01\u00e9 ; <\/p>\n
court in nnaxmz. nxmcfmn  “vs; .;. <\/p>\n
GAVIN mswzcs am  2. x\ufb01gogtted
\nin (2003) 141  4’_3\u00e9’\u00a7k<%A(:sg\u00a7ij'~.#'rn\u00a7VVq\ufb01m:3.on
\nnew raiaad in__ thia _  question
\nthat was  High Ccurt.\n<\/p>\n
Burn 11  \ufb01ewda as herein
\nundar
\n  of Hotlins K01
\n  z’e{2005) I2? Cow
\n‘ kzss;  mm mtg-1: Caurt<\/p>\n
‘A  than dnaisxan or the Andhra<\/p>\n
  Court in Sahara leasing
\nL9. in .rm’209.3) 1.27 coup cm 723,
\n5:1-:..i’;.\u00a7a considering an abjaatian or<\/p>\n
  Ragmmz Directax to the a:.m:\u00a2:<\/p>\n
 time: the avthorisod stare capital at
\nthe surged company was being
\ninaraaned as 4 result $1′ the schms
\naf aaalqamtim and cilia could vnly
\nbe tzaxried me after following the<\/p>\n
uvwwssnv M,’<\/p>\n
aw-uuvr\\ll~’H\\I’\ufb01 r-mm Lumu Q\u00a7’7_KARNATAK\ufb01~ HIGH cover (3,; KARNATAK): 1-“Ga coum OF KARNATAKA HIGH COURT OF KARNATAKA H36!-I Coum<\/p>\n
proaaduxa pxcmaxibad by the relevant
\nprovisions at the Cowanias Act <\/p>\n
hold that in the cane at such
\nxm such payaant \u00abof fee ta  <\/p>\n
Registrar of Comanios or  <\/p>\n
to the State Govu112m=&r\u00a7\u00a3””.g_h{u1.\u00a3\u00ab  <\/p>\n
payable.\n<\/p>\n
1:. Couaidsring Par#ri1.Q\u00a3 \u00a3#\u00a7mj#@gmant
\ncf the Kudzu  Plastics’
\ncam, we have   dismiss
\nthis uppa\ufb01.   the question
\nof 3.a&\u00a7__ is squarely
\nanawsrizggi ._   of High ccaurt of<\/p>\n
Hiadraa. ‘\u00ab  ti$.a\u00a7 \u00e9;\u00a3oraaaid judgement, we<\/p>\n
    appeal.\n<\/p>\n
  1._ VI:;;”%h\u00a7\u00a7{‘z\ufb01atzlt, the wpeal is dimiased.<\/p>\n
sd\/~
\nJUDGE<\/p>\n
S\u00e9\/M
\nIUDQE<\/p>\n
J53<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court The Regional Director Ministry Of … vs Mphasis Limited on 26 November, 2009 Author: K.L.Manjunath And Kumar —\u00bb-m-mm –nun LUUKI $,J?t,’Kiu<i\\\u00a3ATAKA mere coum or KARNATAKA met\u00bb: COURT or KARNATAKA HIGH count or mmamm Hm:-1 swun- IN T!-H Hl\ufb01 CW8\u00bb? 0? mmwrzum AT RE mun ms um 26"' my ear rzovmzn 2009 PRESENT […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-46331","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nThe Regional Director Ministry Of ... vs Mphasis Limited on 26 November, 2009 - Free Judgements of Supreme Court & High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/the-regional-director-ministry-of-vs-mphasis-limited-on-26-november-2009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Regional Director Ministry Of ... vs Mphasis Limited on 26 November, 2009 - 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