Supreme Court · 2010 INSC 272 · Decided 5 May 2010
Naresh K. Aggarwala and CO. v. Canbank Financial Services LTD. and ANR.
- Court
- Supreme Court of India
- Citation
- 2010 INSC 272 · [2010] 6 S.C.R. 1
- Case number
- CIVIL APPEAL No. 5173/2004
- Decided
- 5 May 2010
- Bench
- B. SUDERSHAN REDDY, S.S. NIJJAR (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Shares and Securities: A ·s c Appellant entered into a transaction for purchase of 1 lakh RIL shares with the respondent 1 - After few days entered into another transaction for purchase of 1 /akh RIL shares with the respondent 1 - Respondent no. 1 delivered only 1 lakh RIL shares for balance 1 lakh RIL shares - D Held: Not sustainable as the first transaction was cancelled by appellant - The entries made in the statement of.aocount of appellant showed that the delivery of shares pertained to the second transaction - Appellant did not produce documentary evidence to
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)