Supreme Court · 1991 INSC 104 · Decided 16 April 1991

N. Parthasarathy ETC. v. Controller of Capital Issues and Another ETC.

Court
Supreme Court of India
Citation
1991 INSC 104 · [1991] 2 S.C.R. 329
Case number
TRANSFERRED CASE (CIVIL) No. 61/1989
Decided
16 April 1991
Bench
B.C. RAY, N.M. KASLIWAL (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Constitution Article 14, 39(b); Companies Act Section 55, 61, 62, 63, 72(l)(a), 81

Headnote

ETC. v. CONTROLLER OF CAPITAL ISSUES AND ANOTHER ETC. APRIL 16, 1991 [B.C. RAY AND N.M. KASLIWAL, J.) Constitution of India, 1950: Articles 14, 39(b) and (c) and 298--­ Shares of public company held by State Instrumentalities-Sale of­ Public interest-Chance of creating business Issues-Alleged violation of Articles 14, 39(b) and ( c )-Maintainability of. Capital Issues (Control) Act, 1947: Section 3-Issue of deben­ tures-Consent of Controller of Capital issues-Whether given after due D consideration and application of mind-Variation in consent-Whether

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