Supreme Court · 1966 INSC 120 · Decided 5 May 1966
Indian Chemical Products v. State of Orissa & ANR.
- Court
- Supreme Court of India
- Citation
- 1966 INSC 120 · [1966] SUPP. 1 S.C.R. 380
- Case number
- CIVIL APPEAL No. 303/1963
- Decided
- 5 May 1966
- Bench
- RAGHUBAR DAYAL, J.R. MUDHOLKAR, R.S. BACHAWAT (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 38
Headnote
CHEMICAL PRODUCTS v. ST A TE OF ORISSA A ANR. May 5, 1966 (J. R. MUDHOLKAR, R. S. BACHAWAT AND RAGl!UBAR DAYAL.. JJ.J Compan11 Law-DijJe1"ence between "transmission" and "trans­ fer" of shares-Ownership of shares passing by operation of !au.~ Board of directors whether the ownership of the public propertiea of the Y:aharaja of the Mayurbhanj includins certain shares in the appel­ lant company passed to the State of Orissa. Although tb.e State had acquired title to these shares by operation of law, it also obtained D from the Maharaja by way of abundant
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)