Supreme Court · 2013 INSC 342 · Decided 10 May 2013
V.L.S Finance LTD. v. Union of India & ORS.
- Court
- Supreme Court of India
- Citation
- 2013 INSC 342 · [2013] 8 S.C.R. 849
- Case number
- CIVIL APPEAL No. 2102/2004
- Decided
- 10 May 2013
- Bench
- C.K. PRASAD, V. GOPALA GOWDA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- CrPC; Companies Act Section 621A(1)
Headnote
Companies Act, 1956 - ss. 621A(1) and (7) and 211(7) A B - Complaint for offence punishable u/s. 211 (7) pending before C criminal court - Compounding of the offence by Company Law Board - Permissibility - Held: In view of the nature of the offence, it can be compounded by Company Law Board before of prosecution - Company Law Board was not obliged to take permission of the Court D before compounding the offence. Interpretation of Statutes - Rules of interpretation - When the language of a provision is clear, it should be interpreted in its ordinary sense - Addition or alteration of
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