Supreme Court · 1965 INSC 94 · Decided 8 April 1965
Damji V Alji Shah and Another v. Life Insurance Corporation of India & ORS.
- Court
- Supreme Court of India
- Citation
- 1965 INSC 94 · [1965] 3 S.C.R. 665
- Case number
- CIVIL APPEAL No. 676/1962
- Decided
- 8 April 1965
- Bench
- P.B. GAJENDRAGADKAR, M. HIDAYATULLAH, RAGHUBAR DAYAL, V. RAMASWAMI (4-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 446
Headnote
ALJI SHAH AND ANOTHER V. LIFE INSURANCE CORPORATION OF INDIA & ORS. B April 8, 1965. D E F .B [P. B. GAJENDRAGADKAR, C. J., M. HIDAYATULLAH, RAGHUBAR DAYAL AND V." RAMASWAMI. JJ.J Life Insurance Corporation Act, 1956, ss. 15 .and 44(a)-Indian Companies Act, 1956, ss. 446(1 )-Application for proceeding with application under s. 15. Indian Insurance Act, 1938 s. )(}-Transfer of Funds from Life Insurance Fund to General Department of composiite 1nsurer-Per- 1nissibility. The appellants were directors of an insurance company which was a composite insurer i.e. Qne carrying on other
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)