Supreme Court · 1990 INSC 119 · Decided 2 April 1990
Paul Brothers (Tailoring Division) and ORS. ETC. v. Ashim Kumar Mandal and ORS. ETC.
- Court
- Supreme Court of India
- Citation
- 1990 INSC 119 · [1990] 2 S.C.R. 283
- Case number
- CIVIL APPEAL No. 1755/1990
- Decided
- 2 April 1990
- Bench
- S. RANGANATHAN, V. RAMASWAMI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Practice and Procedure: Sanchaita case-Directions of Supreme Court explained. These appeals arose as a sequel to certain directions of this Court in the famous Sanchaita Investment Company case, which by dint of tremendous advertisement campaign collected deposits amounting to several crores of India, The firm prospered and thereafter tied up and siphoned away a sizeable portion of its funds from its coffers for the benefit of the management personnel by acquiring movable and immovable properties in the names of the firm, relatives and benamidars. Then they started making defaults in
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