Supreme Court · 2006 INSC 514 · Decided 17 August 2006
Dankha Devi Agarwal (Dead) Through LRS. v. Tara Properties PVT. Limited and ORS.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 514 · [2006] SUPP. 4 S.C.R. 582
- Case number
- CIVIL APPEAL No. 1015/2000
- Decided
- 17 August 2006
- Bench
- B.P. SINGH, ALTAMAS KABIR (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 286, 397, 399
Headnote
Companies Act, 1956-Sections 286, 397 and 399-Fradulent transfer of shares belonging to a majority shareholder by minority shareholders with a view to wrest control over the management and affairs of the company- C Board of Directors allotted unsubscribed authorised capital with a view to regain from Directorship of the company by passing a Resolution in an Extra-ordinary General Meeting of the Company-Suit filed by the majority shareholder allegedly to declare the purported transfer of shares to the minority D shareholders as null and void~Minority Shareholders forged the signature of
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