Supreme Court · 2000 INSC 571 · Decided 5 December 2000
Canara Bank and ORS. v. National Thermal Power Corporation and ANR.
- Court
- Supreme Court of India
- Citation
- 2000 INSC 571 · [2000] SUPP. 5 S.C.R. 387
- Case number
- CIVIL APPEAL No. 7103/2000
- Decided
- 5 December 2000
- Bench
- K.T. THOMAS, R.P. SETHI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 531, 111, 153
Headnote
ORS. A v. NATIONAL THERMAL POWER CORPORATION AND ANR. DECEMBER 5, 2000 [K.T. THOMAS AND R.P. SETHI, JJ.) B Companies Act, 1956-Sections Ill and 153-Mutual Fund under the Trusteeship of a Public Sector Bank-Purchase of bonds of Public Sector Corporation by the Trust from a banking company, which from the banking company which sold the bonds-Corporation adjusting redemption proceeds of the bonds against other dues of the Trustee­ Reference of disputes to High Powered Committee by High Court-Held, there is no genuine dispute for reference to High Powered Committee-Corporation D
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