Supreme Court · 2020 INSC 448 · Decided 6 July 2020
Aruna Oswal v. Pankaj Oswal & ORS.
- Court
- Supreme Court of India
- Citation
- 2020 INSC 448 · [2020] 7 S.C.R. 476
- Case number
- CIVIL APPEAL No. 9340/2019
- Decided
- 6 July 2020
- Bench
- ARUN MISHRA, S. ABDUL NAZEER (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 241, 242, 244, 71
Headnote
Companies Act, 2013 - ss. 241 and 242 - Respondent no. 1 filed a partition suit claiming entitlement to one-fourth of the estate/ shares of his father - The High Court directed status quo between the parties and the said suit is pending - Thereafter, respondent no. 1 filed and mismanagement in the affairs of respondent no. 2 company and claimed eligibility to maintain the petition on the ground of being holder of 0.03% shareholding and legitimate expectation to 9.97% shareholding of respondent no. 2 company - The NCLT held the petition maintainable and
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)