Supreme Court · 1995 INSC 61 · Decided 19 January 1995
Ramanarang v. Ramesh Narang and ORS.
- Court
- Supreme Court of India
- Citation
- 1995 INSC 61 · [1995] 1 S.C.R. 456
- Case number
- CIVIL APPEAL No. 5620/1994
- Decided
- 19 January 1995
- Bench
- A.M. AHMADI, K. JAYACHANDRA REDDY, R.M. SAHAI (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- CrPC Section 389(1), 374; Companies Act Section 267, 274, 283
Headnote
v. RAMESH NARANG AND ORS. JANUARY 19, 1995 [AM. AHMADI, CJ, R.M. SAHAI AND K. JAYACHANDRA REDDY, JJ.) Companies Act, 1956-Ss.267, 274, 283-Managing Director-Appoint­ ment of after incurring disqualification-Effect of-COmpany appointing a C person as Managing Director after he was s.267 because of conviction not mentioned in stay application-Held, company committed infraction. of mandatory provision of s.267-0peration D of s.267 would take effect as soon as conviction is recorded by a competent court-Order of appellate court can nt:Jt be extended to stay of conviction for
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