Supreme Court · 2010 INSC 292 · Decided 7 May 2010
Incable Net (Andhra) Limited & ORS. v. Ap Aksh Broadband LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 2010 INSC 292 · [2010] 6 S.C.R. 444
- Case number
- SPECIAL LEAVE PETITION (CIVIL) No. 9110/2008
- Decided
- 7 May 2010
- Bench
- ALTAMAS KABIR, CYRIAC JOSEPH (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 73; Companies Act Section 397, 398, 402, 403
Headnote
Companies Act, 1956 - ss. 397, 398, 402 and 403 - Companies forming joint venture company for a project - C Companies entering into Share-holder agreement - Majority share-holder company granted turnkey contract - At the relevant time Managing Director of the minority share-holder company was at of the joint venture company - Company petition by minority share-holder D company against majority share-holder company - Alleging oppression and mismanagement - Dismissed by Company Law Board - Appeal uls.10F dismissed by High Court - Special Leave Petition - Held: No case of oppression or
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