Supreme Court · 2008 INSC 1011 · Decided 3 September 2008
J.P. Srivastava & Sons (Rampur) PVT. LTD. & ORS. v. H.K. Srivastava (Dead) Through L.RS. & ORS.
- Court
- Supreme Court of India
- Citation
- 2008 INSC 1011 · [2008] 12 S.C.R. 1236
- Case number
- CIVIL APPEAL No. 5471/2008
- Decided
- 3 September 2008
- Bench
- ALTAMAS KABIR, V.S. SIRPURKAR (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 397, 398, 399
Headnote
f.. r .-- Companies Act; Ss. 397, 398 and 399: Company Petition - Family concern - Mis-management f ~ c of - Filing of petition ulss 397 and 398 of the Act - Company Law Board directing petitioners to sell their shares to respondents after - Appointment of Chartered Accountants to value shares of the company - L Challenged by respondents - Dismissed by CLB holding I D that the petitioner neither having the authority on behalf of the I trust to file petition nor having necessary share holding to be ·j eligible to file petition
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