Opto circuits vs axis bank

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August undefined, 2024

WebICICI Bank Limited v M/s. Opto Circuits (India) Limited. Facts The Bank (Financial Creditor) had extended some credit facilities to the Corporate Debtor, who defaulted. Pursuant to such default, the Bank initiated proceedings before NCLT Bengaluru under Section 7 of IBC. Consequently, initiated CIRP against the Corporate Debtor. The Corporate ... WebReliance was placed on a decision of the Hon'ble Supreme Court 4 passed in the case of Opto Circuit India Limited vs. Axis Bank and Ors ., reported in 2024 SCC Online SC 55. There it was held that if a statute provided for a thing to be done in a particular manner then it had to be done in that manner alone and in no other manner.

OPTO Circuit India Ltd. Versus Axis Bank & Ors.

WebThe case of OPTO Circuit India Ltd. v. Axis Bank & Ors. This case of OPTO Circuit India Ltd. Vs. Axis Bank & Ors (2024), came as an appeal before the Supreme Court. It was adjudged by a bench consisting of Hon’ble Justice A.S Bopanna, Hon’ble Justice S.A Bobde, Hon’ble Justice V Ramasubramanian. WebJul 23, 2024 · Case Analysis – OPTO Circuit India Ltd. v. Axis Bank, 2024 SCC OnLine SC 55 by Vasu @LEXCLIQ. Scope of ED’s power to freeze bank accounts under Prevention of … phony text messages

Opto Circuit India Ltd. v. Axis Bank and Others

WebFeb 6, 2024 · OPTO Circuit India Ltd. Vs. Axis Bank Ors. [Criminal Appeal No. 102 of 2024 arising out of S.L.P. (Criminal) No. 4171 of 2024] A. S. Bopanna, J. 1. Leave granted. 2. The appellant is before this Court assailing the order dated 13.08.2024 passed by the High Court of Karnataka in WP No.8031 of 2024. WebApr 13, 2024 · Recently, a three-judge bench of the Supreme Court in Opto Circuit India v. Axis Bank [2024 SCC OnLine SC 55] rendered a decision that potentially has far-reaching … WebJul 25, 2024 · OPTO Circuits (India) Limited (‘ CD ') had approached ICICI Bank Limited (‘ FC ') for various credit facilities and availed non-fund based working capital facilities of a stand-by letter of credit by way of Credit Agreement Letters. Thereafter, default was committed by the CD to the tune of Rs. 1,07,85,59,340.96/-. how does a computer power on

OPTO Circuit India Ltd. v. Axis Bank & Ors. Archives - iPleaders

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WebJan 23, 2024 · In another Supreme Court judgement, which is Opto Circuit vs Axis Bank[xxxi], the Court held that the freezing of assets or bank accounts of the accused without adhering to the strict compliance ... WebFeb 19, 2024 · Today we will discuss the latest judicial pronouncement of OPTO Circuit India Ltd. v. Axis Bank & Ors., Criminal Appeal No. 102/2024, wherein the Court discussed the scope and the power of freezing bank accounts by the authorities under the Prevention of Money Laundering Act, 2002 (in short, “ PMLA ”). how does a computer digitiseWebFeb 3, 2024 · OPTO Circuit India Limited v/s Axis Bank & Others Company & Directors' Information:- AXIS BANK LIMITED [ Active] CIN = L65110GJ1993PLC020769 Company & … phony store

"WebOPTO Circuit India Limited Vs. Axis Bank & Others CDJ 2024 SC 066 03.02.2024 Prevention of Corruption Act, 1988 – Section 13 to 13 (i) (d) Prevention of Money Laundering Act, 2002 – Section 2 (i) (x) and (y) 17 Indian Penal Code 1860. Section 120 (B) 420, 468 and 471, Account of appellant company freezed. Scope of " - Opto circuits vs axis bank

Opto circuits vs axis bank

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WebFeb 4, 2024 · The appellant, OPTO Circuit India Ltd. while assailing the order passed by the High Court contended that the freezing of the bank accounts maintained by the appellant company has prejudiced the appellant, inasmuch as, the amount in the account which belongs to the appellant is made unavailable to them due to which statutory payments to … WebOpto Circuit India Limited v. Axis Bank and Others, (2024) 6 SCC 707 79 5. Ramesh Bhavan Rathod v. Vishanbhai Hirabhai Makwana Makwana (Koli) & Anr., AIR 2024 SC 2011 90 6. Satender Kumar Antil v. CBI and Another, (2024) 10 SCC 773 123 7. Nathu Singh v. State of Uttar Pradesh and Others, (2024) 6 SCC 64 127 8. P. Chidambaram v.

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WebMar 30, 2024 · There have been conflicting views on the application of Section 102 of the CrPC through the PMLA. 17 However, the recent decision of the Supreme Court in Opto Circuit India Ltd. vs. Axis Bank and Ors 18 observed that the PMLA is a standalone enactment which contains a provision for seizure including the freezing of accounts. As … WebOpto Circuit India Ltd. vs Axis Bank on 13 January, 2024 1 ITEM NO.13 Court No.1 (Video Conferencing) SECTION II-C S U P R E M E C O U R T O F I N D I A RECORD OF …

WebSep 11, 2024 · Latest Judgments Opto Circuit India Ltd v. Axis Bank and Others September 11, 2024 Petition (s) for Special Leave to Appeal (Crl.) No (s). 4171/2024 Issue notice … WebOPTO Circuit India Ltd. Vs. Axis Bank & Ors. [Criminal Appeal No. 102 of 2024 arising out of S.L.P. (Criminal) No. 4171 of 2024] A. S. Bopanna, J. 1. Leave granted. 2. The appellant …

WebFeb 3, 2024 · OPTO Circuit India Ltd. Vs. Axis Bank & Ors. [Criminal Appeal No. 102 of 2024 arising out of S.L.P. (Criminal) No. 4171 of 2024] A. S. Bopanna, J. 1. Leave granted. 2. … WebFeb 15, 2024 · In Opto Circuit v. Axis Bank, the Supreme Court held that freezing of bank accounts of the accused undertaken without strict compliance with the pre-conditions …

WebFeb 3, 2024 · OPTO Circuit India Limited v/s Axis Bank & Others Criminal Appeal No. 102 of 2024 (Arising out of SLP (Criminal) No. 4171 of 2024) ... "Sec. 2(v) - "property" - means any property or assets of every description, whether corporeal or incorporeal, movable or immovable, tangible or intangible and includes deeds and instruments evidencing title to ...

WebFeb 22, 2024 · A three-judge Bench of the Supreme Court, comprising Chief Justice of India SA Bobde and Justices AS Bopanna and V Ramasubramanian, on February 3, allowed an appeal filed on behalf of OPTO Circuit India Ltd. challenging an August 2024 order passed by the Karnataka High Court. how does a computer possess informationWebOPTO Circuit India Ltd. .…Appellant(s) Versus Axis Bank & Ors. …. Respondent(s) J U D G M E N T A.S. Bopanna, J. Leave granted. 2. The appellant is before this Court assailing the ... how does a computer microphone work how does a computer know its ip addressWebCOMPANY’S PERFORMANCE ON STANDALONE BASIS Standalone total revenue was at Rs.6,346.46 Lakhs for the financial year ended 31st March 2024 as against Rs.5,038.01 lakhs for the corresponding financial year ended March 31, 2024, a incline of 26 %. phony teethWebOct 28, 2024 · The case of OPTO Circuit India Ltd. v. Axis Bank & Ors. This case of OPTO Circuit India Ltd. Vs. Axis Bank & Ors (2024), came as an appeal before the Supreme … how does a computer help desk workWebFeb 2, 2024 · Leave granted. 2. The appellant is before this Court assailing the Signature Not Verified Digitally signed by Sanjay Kumar order dated 13.08.2024 passed by the High … how does a computer keyboard workWebFeb 3, 2024 · The respondent No. 4 in the counter affidavit has stated that the action initiated against the appellant is based on the complaint dated 02.11.2024 made by the … phony text scary