Supreme Court · 2009 INSC 559 · Decided 20 April 2009
Pranab Kumar Pal v. M/S. LIZ. Investment PVT. LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2009 INSC 559 · [2009] 6 S.C.R. 751
- Case number
- CIVIL APPEAL No. 2654/2009
- Decided
- 20 April 2009
- Bench
- ARIJIT PASAYAT, V.S. SIRPURKAR, A.K. GANGULY (3-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 27; Companies Act; Specific Relief Act Section 41
Headnote
Compani(Js Act, 1956 - ss. 398, 402, 403, 235 and 237 - Contract - Award of - By Tui Nordic to Across India - c Petition alleging diversion of corporate opportunity by appellant-Al - Direction by Company Law Board to respondent no. 1 to nominate three Directors on Board of appellant from resigning as Director - ,..... Order of High Court that appellant has right to resign subject D ~ to several conditions - Direction to appellant to furnish security with CLB - Pursuant thereto, resignation of appellant - Clarification order that resignation of appellant to
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