Supreme Court · 2009 INSC 89 · Decided 2 February 2009
Girdhar Gopal Gupta and ORS. v. Aar Gee Board Mills PVT. LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2009 INSC 89 · [2009] 1 S.C.R. 711
- Case number
- CIVIL APPEAL No. 601/2009
- Decided
- 2 February 2009
- Bench
- ARIJIT PASAYAT, P. SATHASIVAM, AFTAB ALAM (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; Companies Act Section 397, 398
Headnote
COMPANIES ACT, 1956: c ss. 397 and 398 - Allegations of oppression and mismanagement, illegal allotment of equity shares resulting in conversion of majority shareholding into minority shareholding, appointment of Additional Director and removal of two Directors - Company allotment of D _..,_ 5564 shares out of 9507 shares as illegal and giving benefit of doubt as regards allotment of 3943 shares as it was within the knowledge of petitioners, and holding appointment of Additional Director and removal of two Directors illegal and in favour of petitioners - Appeal
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