Supreme Court · 2008 INSC 698 · Decided 16 May 2008

Sudhir S. Mehta & ORS. v. Custodian & ANR.

Court
Supreme Court of India
Citation
2008 INSC 698 · [2008] 8 S.C.R. 1099
Case number
CIVIL APPEAL No. 5690/2007
Decided
16 May 2008
Bench
S.B. SINHA, V.S. SIRPURKAR (2-judge bench)
Outcome
Dismissed
Case type
Civil

Headnote

•· Special Courts (Trial of Offences Relating to Transac- tion in Securities) Act, 1992 Sections 3, 9 and 11: Jurisdiction of Special Court - Shares and securities - c Scam case - Special Court directing the custodian for selling of share held by notified parties, appellants, as per auction - Challenged on ground of non-division of shares in groups, not giving adequate time >- for making offer, not selling of shares at the Stock Exchange D • and the'sale was not ordered at .right time- Held: - In tt;rms of the directions of Special Court, it was certain that shares in

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