Supreme Court · 2005 INSC 272 · Decided 11 May 2005
Technip Sa v. SMS Holding (PVT.) LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2005 INSC 272 · [2005] SUPP. 1 S.C.R. 223
- Case number
- CIVIL APPEAL No. 9258/2003
- Decided
- 11 May 2005
- Bench
- RUMA PAL, ARIJIT PASAYAT, C.K. THAKKER (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Securities and Exchange Board of India Act, 1992-Securities And Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, I 997-Regulations I 0, I I and I 2: Acquisition of Indian Company, subsidiary of French Company by another French Company-Indian law/French is really . A B c a question of their status-The applicable law would, therefore be law of their dolnicile, namely, French law-However question as to their obligations under D Indian law would have to be governed exclusively by Indian law. Date of indirect acquisition-Determination of-S a
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