Supreme Court · 1971 INSC 307 · Decided 7 November 1971

Barium Chemicals LTD. & ANR. v. SH. A. J. Rana & ORS.

Court
Supreme Court of India
Citation
1971 INSC 307 · [1972] 2 S.C.R. 752
Case number
CIVIL APPEAL No. 1452/1971
Decided
7 November 1971
Bench
S.M. SIKRI, J.M. SHELAT, G.K. MITTER, I.D. DUA, HANS RAJ KHANNA (5-judge bench)
Outcome
Case Partly allowed
Case type
Civil
Acts & sections cited
Constitution Article 226, 132, 133; Companies Act Section 237

Headnote

Foreign Exchange Regulations Act, 1947 (VII of 1941)-Sub-section (2) of S. 19-"Constders it necessary or expedient," scope of-Application of mind regarding necessity to obtain and examine all the documents men&middot; tioned in the order necessary condition-The order must specify the 0Uverhn1ent conside1's it necessal"\' or cspedielll," scope of-Foreign E.tclw11ge Regulation Act, 1947, S. 19(2). After this Court's decision in the BtJriw11 Chemicals Ltd. v. The Com&shy; P<lllY Law Board [1966 3 S.C.R.] quashing the order of the Company Law Board passed

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