Supreme Court · 2019 INSC 597 · Decided 30 April 2019
Moons Technologies LTD. (Formerly Known As Financial Technologies India LTD.) & ORS. v. Union of India
- Court
- Supreme Court of India
- Citation
- 2019 INSC 597 · [2019] 8 S.C.R. 26
- Case number
- CIVIL APPEAL No. 4476/2019
- Decided
- 30 April 2019
- Bench
- R.F. NARIMAN, VINEET SARAN (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Constitution Article 31A, 396, 14, 19, 13(3), 226; Companies Act Section 396, 396(3), 396(3A)
Headnote
Companies Act, 1956: s.396 - Constitutionality of - Held: s.396 provides for compulsory amalgamation of companies in public interest - Art.31A of the Constitution envisages that any "law" providing for or more corporations in public interest is immune from challenge on grounds relatable to Art.14 or Art.19 of the Constitution of India - s.396 of the Companies Act is such a law - Constitution of India - Arts.14, 19 and 31A. Companies Act, 1956: s.396 - Derivative immunity
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)