Supreme Court · 2021 INSC 110 · Decided 23 February 2021
Vinod Krishan Khanna & ORS. v. Amritsar Swadeshi Woollen Mills Private Limited
- Court
- Supreme Court of India
- Citation
- 2021 INSC 110 · [2021] 1 S.C.R. 708
- Case number
- CIVIL APPEAL No. 5087/2019
- Decided
- 23 February 2021
- Bench
- R.F. NARIMAN, BHUSHAN RAMKRISHNA GAVAI (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 397, 398
Headnote
Companies Act, 1956 - ss.397 and 398 - Company Petition filed by Appellants in 2007 against Respondent-company and its' eight directors before Company Law Board (CLB) - Appellants, who had 14.62% of the of Respondent-company, agreed to sell their shares and go out of Respondent-company - Independent valuer, appointed by CLB, determined fair price of the shares to be Rs. 10.35 each - National Company Law Tribunal (NCLT), in 2018, directed Respondents to hand over purchase
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)