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The Saradha Group financial scandal was a major political scandal caused by the collapse of a Ponzi scheme run by Saradha Group, a consortium of over 200 private companies that was believed to be running collective investment schemes popularly but incorrectly referred to as chit funds [1] [2] [3] in Eastern India.
Addax Petroleum has never been able to get anywhere close to that production figure. Addax Petroleum is currently the 2nd largest oil producer in Cameroon, the 4th largest in Gabon. Addax Petroleum used to be the 5th largest in Nigeria. The TTOPCO Joint Venture company (together with Genel Energy) was the largest oil producer in Iraqi Kurdistan.
The 1998 Blackbuck poaching case is a high-profile legal matter involving Bollywood actor Salman Khan, accused of hunting two blackbucks in Kankani village near Jodhpur, Rajasthan, in September 1998. Bishnoi community filed a complaint against Salman Khan and his co-actors, Saif Ali Khan , Sonali Bendre , Neelam , and Tabu , accused of hunting ...
The company's capital was ₹ 5 lakh (US$5,800) divided into 2,000 preferential shares worth ₹ 100 (US$1.20) each and 30,000 ordinary (equity) shares worth ₹ 10 (12¢ US) each. Apart from Nehru, AJL's Memorandum of Association was signed by stalwarts such as Purushottam Das Tandon , Acharya Narendra Dev , Kailash Nath Katju , Rafi Ahmad ...
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Mogul Steamship Co Ltd v McGregor, Gow & Co [1892] AC 25 is an English tort law case concerning the economic tort of conspiracy to injure.A product of its time, the courts adhered to a laissez faire doctrine allowing firms to form a cartel, which would now be seen as contrary to the Competition Act 1998.
The unravelling of this case started in 2010 and it was in process in the Supreme Court of India as of 2016. [10] [11] [12] [13]November 2010 - Securities and Exchange Board of India barred Sahara India Pariwar chief Subrata Roy and two of its companies – Sahara India Real Estate Corp (SIREC) and Sahara Housing Investment Corp (SHIC) - from raising money from the public as they had raised ...
Lennard's Carrying Co Ltd v Asiatic Petroleum Co Ltd [1915] AC 705 is a famous decision by the House of Lords on the ability to impose liability upon a corporation. The decision expands upon the earlier decision in Salomon v Salomon & Co. [1897] AC 22 and first introduced the " alter ego " theory of corporate liability.