Supreme Court · 2012 INSC 77 · Decided 7 February 2012
Raheja Unviersal Limited v. NRC Limited & ORS.
- Court
- Supreme Court of India
- Citation
- 2012 INSC 77 · [2012] 3 S.C.R. 388
- Case number
- CIVIL APPEAL No. 1920/2012
- Decided
- 7 February 2012
- Bench
- S.H. KAPADIA, K.S. RADHAKRISHNAN, SWATANTER KUMAR (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Transfer of Property Act
Headnote
3 S.C.R. 388 RAHEJA UNVIERSAL LIMITED v. NRC LIMITED & ORS. (Civil Appeal No. 1920 of 2012) FEBRUARY 07, 2012 [S.H. KAPADIA, CJI., K.S. RADHAKRISHNAN AND SWATANTER KUMAR, JJ.) Sick Industrial Companies (Special Provisions) Act, c 1985: ss. 22, 22(3), 22A, 17(3) - Sale of assets of sick into memorandum of understanding and agreement for sale of its land to appellant-Company to obtain funds for financial restructuring and received part payment from the appellant-Company - Failure of appellant-Company to pay E third instalment and financial position of respondent­ Company not
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