Supreme Court · 1989 INSC 178 · Decided 3 May 1989

Narendra Kumar Maheshwari v. Union of India & ORS.

Court: Supreme Court of India
Citation: 1989 INSC 178 · [1989] 3 S.C.R. 43
Case number: TRANSFER PETITION (CIVIL) No. 161/1988
Decided: 3 May 1989
Bench: SABYASACHI MUKHERJI, S. RANGANATHAN (2-judge bench)
Outcome: Dismissed
Case type: Civil
Acts & sections cited: Companies Act Section 8

Headnote

Capital Issues (Control) Act, I947/Capital Issues (Exemption) Order, 1969: Sections 2, 3 and 12-Controller of Capital Issues-Scope of power and exercise of function in according sanction-Extent of. Companies Act, 1956: Section 8;](5)-'Compulsorily convertible debentures'-Floating charge-Debt holders. Practice and Procedure: Grant of Interim Orders-Regard to be A B c had to principles of comity of courts administering same laws through- D out the country. Reliance Industries Ltd. (RIL) and Reliance Petrochemicals Industries Ltd. (RPL) are inter-connected and represented Companies

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