Supreme Court · 2023 INSC 1076 · Decided 14 December 2023
Shakti Yezdani & ANR. v. Jayanand Jayant Salgaonkar & ORS.
- Court
- Supreme Court of India
- Citation
- 2023 INSC 1076 · [2023] 16 S.C.R. 695
- Case number
- CIVIL APPEAL No. 7107/2017
- Decided
- 14 December 2023
- Bench
- HRISHIKESH ROY, PANKAJ MITHAL (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 109A, 72; Succession Act
Headnote
HEADNOTES Issue for consideration: Whether a nominee of a holder of shares or securities appointed u/s. 109A of the Companies Act, 1956 read with the Bye-laws under the Depositories Act, 1996 is entitled to the benefi cial ownership of the shares or securities subject matter exclusion of all other persons who are entitled to inherit the estate of the holder on testator's death as per the law of succession. Companies Act, 1956 - s. 109A and s. 109B - Companies Act, 2013 - s. 72 - Depositories Act, 1996 - Byelaw 9.11.1 -
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)