Supreme Court · 1993 INSC 212 · Decided 14 May 1993
N.P.V. Ramaswamy Udayar ETC. v. All Lndia Subscrlber Association and Others ETC.
- Court
- Supreme Court of India
- Citation
- 1993 INSC 212 · [1993] 3 S.C.R. 903
- Case number
- CIVIL APPEAL No. 2863/1993
- Decided
- 14 May 1993
- Bench
- R.M. SAHAI, N. VENKATACHALA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act
Headnote
UDA YAR ETC. A v. ALL lNDIA SUHSCRlBER ASSOCIATION AND OTHERS ETC. MAY 14, 1993 [R.M. SAHAIAND N. VENKATACHALA,.J.J,J JJ Companies Ac1, 1956 : Ss. 391, .:/33, ./3./ . ././3-Su/Jsidiary company cond11c1ing chi1s-Defa11/1 in pay111ent 10 subscribers-\ Finding up order by High Co11rt-Revival land /Jy Holding Compt111Y to pay C Creditvrs-Oifer by intlivid11a/-Cu11111er c~[fer by Creditors associa1io11-High Court's order for sale i11 favo11r cf creditors assucia1iu11-Appea/s /Jy Holding Company anti 01//er bidder-Directions by S11pre111e Co11rt protecting creditor's in1erests. A
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