Supreme Court · 2008 INSC 377 · Decided 14 March 2008
M.S.D.C Radharamanan v. M.S.D. Chandrasekara Raja and Another
- Court
- Supreme Court of India
- Citation
- 2008 INSC 377 · [2008] 5 S.C.R. 182
- Case number
- CIVIL APPEAL No. 2006/2008
- Decided
- 14 March 2008
- Bench
- S.B. SINHA, V.S. SIRPURKAR (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; Companies Act Section 397, 398, 402
Headnote
-,..- Companies Act, 1956 - ss. 397, 398 and 402 - Power of Company court to grant relief uls 402 when no case for c oppression made out - Application u/ss 397 and 398 by Managing Director of Company alleging oppression on the part of Director - Company Law Board holding no act of malafide or Director - On account of deadlock in affairs of Company, directions to Director to D purchase shares of MD - Upheld by High Court - On appeal held: There being two Directors, non-cooperation by one of them would affect thei smooth management of the affairs of r the company, thus, CL.B and High
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