Supreme Court · 2013 INSC 648 · Decided 23 September 2013
Yash Deep Trexim Private Limited v. Namokar Vinimay PVT. LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 2013 INSC 648 · [2013] 10 S.C.R. 366
- Case number
- CIVIL APPEAL No. 8440/2013
- Decided
- 23 September 2013
- Bench
- P. SATHASIVAM, RANJAN GOGOI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; Companies Act Section 591
Headnote
Sick Industrial Companies (Special Provisions) Act, 1985 - s.3(o) - Applicability of the Act - To the foreign companies C registered in India - Held: In view of object and scheme of the Act and the financial health of the company in question, the company does not fall 'sick industrial company' defined uls. 3(o) - Hence provisions of the Act does not apply - The question whether the Act applies to D foreign companies registered in India, is left open. The main question for consideration in the present appeals was whether the provisions of the Sick
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)