Supreme Court · 1961 INSC 346 · Decided 13 December 1961
Shyamapada Chakrabertty and Others v. The Oontroller of Insurance, Government of India Simla and Others
- Court
- Supreme Court of India
- Citation
- 1961 INSC 346 · [1962] SUPP. 2 S.C.R. 130
- Case number
- CIVIL APPEAL No. 300/1958
- Decided
- 13 December 1961
- Bench
- P.B. GAJENDRAGADKAR, A.K. SARKAR, K.N. WANCHOO, K.C. DAS GUPTA, N. RAJAGOPALA AYYANGAR (5-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226; Companies Act Section 55
Headnote
130 SUPREME OOURT REPORTS (1962] SUPP. SHYAMAPADA CHAKRABERTTY AND OTHERS v. THE OONTROLLER OF INSURANCE, GOVERN­ MENT OF INDIA SIMLA AND OTHERS (P. B. GAJENDRAOADKAR, A. K. WANCHOO, K. c. DAS GUPTA AND AYYANOAR, JJ.) SARKAR, K. N. N. RAJAOOPALA , the Constitution, to challenge the validity of the transfer of a life insu1 ance company's business to another company under s. 36 of the Jmurance Act, 1938:- Htld, the transfer though it brought about an abandon­ mrnt of the business of the company was not bad a, resulting in an alteration of
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