Supreme Court · 1994 INSC 219 · Decided 13 May 1994

Sudharshan Trading Company LTD. v. Official Liquidators and ORS.

Court
Supreme Court of India
Citation
1994 INSC 219 · [1994] SUPP. 1 S.C.R. 91
Case number
CIVIL APPEAL No. 2866/1993
Decided
13 May 1994
Bench
R.M. SAHAI, N. VENKATACHALA (2-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
Companies Act Section 391, 433, 434, 439, 44

Headnote

Companies Act, 1956 : Sections 391, 433, 434, 439, 44!r-Subsidiary Company· conducting Chits-Default i11 payment to subscriber.-lJirections given. This Court by its judgment dated 14.5.1993*, while deciding the dispute in respect or a Chit Fund, between the appellant holding company and Its gave certain direcUons. The Subscribers' Association filed A B c the Interim" application alleging non-compliance or some or the direcUons. D Disposing or the application and clarifying the order dated 14·5· 1993, this Court HELD : 1. The Holding Company shall pay Interest at

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