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1968 Supreme(Cal) 42

A.N.RAY, S.K.MUKHERJEE
STADMED PRIVATE LTD. – Appellant
Versus
KSHETRA MOHAN SAHA – Respondent


Advocates Appeared:
A.K.SEN, B.DAS, R.CHAUDHARY, S.B.Mukherji, S.C.SEN, TAPAS BANERJI

RAY, J.

( 1 ) THIS appeal is from the order of the Companies Tribunal dated 14th March, 1967.

( 2 ) THE appeal is under Section 10 (d) of the Companies Act which provides that an appeal shall He to the High Court out of any decision, finding or order of the Tribunal only on questions of law.

( 3 ) THE order of the Companies Tribunal was made on the application of Kshe-tra Mohan Saha and Sridhar Sikdar dated 26th May 1966 under Sections 397, 398 and 403 of the Companies Act. The reliefs which were asked for were, inter alia, that Amarendra Lal Das, Sujata Saha, Ranendra Lal Das and Sushil Kumar Roy be removed forthwith from the Board of Directors and injunction do issue restraining the said persons from operating the bank-accounts of the company and also restraining them from terminating or suspending or transferring services of the employees of the company. The further reliefs asked for were that a Special Officer be appointed forthwith to take charge of any conduct and run the business and that a Receiver be appointed to take charge of the books of account

( 4 ) KSHETRA Mohan Saha, Satchidananda Sikdar and Mohit Kumar Pal started a business of medicine research institute in co-






























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