R.BANUMATHI, B.RAJENDRAN
Amalgamations Limited (Now Amalgamations (P) Ltd) – Appellant
Versus
Shankar Sundaram – Respondent
B. RAJENDRAN, J
1. These letters patent appeals arise out of the common order dated 03.06.2002 passed by the learned single Judge in C.M.A. No. 2018 and 2036 of 2000. Inasmuch as the issues involved in all these appeals are one and the same and the parties to the appeals are also same, by consent of counsel for both sides, the appeals are taken up together and are disposed of by this common judgment.
2. All these proceedings are concerned with the affairs of management of a Company called Amalgamation Private Limited, which is the holding company of several other companies, which are all either 100% owned and controlled by the holding company and some of the subsidiary companies themselves are holding companies, which are sought to be arrayed as parties in the Company Petition by the respondent by taking out an company application before the Company Law Board for necessary action under Section 397 of the Companies Act, hereinafter referred to as the Act.
3. The proceedings originated by filing of Company Petition No. 94 of 1999 filed by Shankar Sundaram, respondent in the appeals, complaining of oppression and mismanagement by the majority group under Sections 397 and 398
State of Jharkhand & ors. v Ambay Cements & anr. 2005 (1) SCC 368 SC
Bajrang Prasad Jalan & ors. v Mahabir Prasad Jalan & ors. AIR 1999 (Cal.) 156
V.S. Krishnan v Westfort Hi-tech Hospital Limited & ors. 2008 (3) SCC 363
Hanuman Prasad Bagri & ors. v Bagress Cerals Private Limited & ors. 2001 4 SCC 420
Shanthi Prasad Jain v Kalinga Tubes Limited etc. AIR 1965 SC Pg 1535
Vijay Narayan Thatte & ors. v State of Maharashtra & ors. (2009) 9 SCC 92
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.