Supreme Court · 2007 INSC 862 · Decided 24 August 2007
M/S Meghal Homes PVT. LTD. v. Shree Niwas Girni K.K. Samiti and ORS.
- Court
- Supreme Court of India
- Citation
- 2007 INSC 862 · [2007] 9 S.C.R. 330
- Case number
- CIVIL APPEAL No. 3179/2005
- Decided
- 24 August 2007
- Bench
- G.P. MATHUR, P.K. BALASUBRAMANYAN (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 39
Headnote
HOMES PVT. LTD. v. SHREE NIW AS GIRNI K.K. SAMITI AND ORS. AUGUST 24, 2007 [G.P.MATHURANDP.K.BALASUBRAMANYAN,JJ.) Companies Act, 1956-Sections 39/-394A and 466-Power to make compromise or arrangements with creditors and members-Winding up of C Company-Framing of scheme for revival of company Scheme approved-Non-acceptance by company court on the ground that Scheme not for revival-Official Liquidator inviting offers for disposal of assets of co,mpany-lnterested persons D including sponsors placed proposals-Scheme modified on basis of affidavits of sponsors-Division Bench
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