Supreme Court · 1998 INSC 347 · Decided 4 September 1998

Ammonia Supplies Corporation (P) LTD. v. Modern Plastic Containers PVT. LTD. and ORS.

Court
Supreme Court of India
Citation
1998 INSC 347 · [1998] SUPP. 1 S.C.R. 413
Case number
CIVIL APPEAL No. 5152/1995
Decided
4 September 1998
Bench
G.B. PATTANAIK, AJAY PRAKASH MISRA (2-judge bench)
Outcome
Case Partly allowed
Case type
Civil
Acts & sections cited
Companies Act Section 155, 446, 2(JJ), 10

Headnote

CORPORATION (P) LTD. v. MODERN PLASTIC CONTAINERS PVT. LTD. AND ORS. SEPTEMBER 4, 1998 [G.B. PATTANAIK AND A.P. MISRA, JJ.) Companies Act, 1956: Sections 155, 446, 2(JJ) and 10. Company Cowt:-Jurisdiction of-Nature and scope-Held: Summary not exclusive in nature-Company court has to adjudicate relates to peripheral field of rectification then Company Court has exclusive jurisdiction and jurisdiction of civil court is implicitly barred-Other­ wise jurisdiction of civil court is not barred-Jurisdiction of Company Judge under S. 446 is discretionary. Sections 155 and 446-Scope

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