Supreme Court · 1979 INSC 22 · Decided 30 January 1979
S. K. Gupta & ANR. v. K. P. Jain & ANR.
- Court
- Supreme Court of India
- Citation
- 1979 INSC 22 · [1979] 2 S.C.R. 1184
- Case number
- CIVIL APPEAL No. 1217/1976
- Decided
- 30 January 1979
- Bench
- P.S. KAILASAM, D.A. DESAI, A.D. KOSHAL (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Companies Act
Headnote
Con1panies Act, 1956 (1 of 1956) Ss. 391 and 392--Scope of--V111ission of the original spo11sor arid substituting another whether J;:oufd chan!}e the 'basic fabric' of the schen1e. Words & Phrases-'Modify' a11d '111odifications'-lvlea11i11:; of. The Companies Act, 1956 by s. 391 enables a being wound up, its liquidator, to make. an application to the court proposing a compromise c:r arrangement between the company and its creditors or any class of them or between the company and its n1embers or any class of them and seeking directions of the court to convene a meeting of each
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)