Supreme Court · 1965 INSC 171 · Decided 30 August 1965
The Public Passenger Service Limited v. M. A. Khader and Two Others
- Court
- Supreme Court of India
- Citation
- 1965 INSC 171 · [1966] 1 S.C.R. 683
- Case number
- CIVIL APPEAL No. 202/1965
- Decided
- 30 August 1965
- Bench
- K. SUBBA RAO, J.R. MUDHOLKAR, R.S. BACHAWAT (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 402, 237, 155
Headnote
Companies Act (1 of 1956), s. 155-Scope of. c D The respondents were shareholders in the appellant company. As they did not pay the call money on their shares, a notice under Art. 29 of the Articles of Association was issued and as the respondents defaulted in the payment demanded, their shares filed a petition under ss. 402 and 237 of the Companies Act, 1956, and obtained irrterim orders directing stay of collection of the moneys and restraining forfeiture of the shares, before the forfeiture by the appellant; but, as the call money was not paid into court as directed, the interim
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)