Back
S.BALASUBRAMANIAN
Jodh Raj Laddha – Appellant
Versus
Birla Corporation Ltd. – Respondent
1.In the matter of M/s Birla Corporation Limited ("the company"), this petition, under sections 397/398, 402, 403 & 406 of the Companies Act, 1956, has been filed by five shareholders with the consent of 134 shareholders. Their combined shareholding works out to 0.0015% of the total issued and paid up capital of the company. Respondents 9 to 27 are companies, which, by interlocking, control substantial shares in the company. Similarly, respondents 28 to 34, which are charitable institutions, are also holding shares in the company. The total shareholding by these respondents in the company is of the order of 62.9%. These respondent companies and the charitable institutions form part of the group known as "M.P. Birla Group". Before her demise on 3.7.2004, Smt. Priyamvada Devi Birla ("PDB") was in control of M.P. Birla Group and thus, also Birla Corporation Limited. By a will dated 18.4.1999, she had appointed one R.S. Lodha, (RSL) a Chartered Accountant, as the executor of the Will and also as the sole beneficiary. He has applied for probate and the same is being contested and as such the probate proceeding is still pending. The company had convened an AGM on 15.9.2004 and this
The main legal point established in the judgment is the binding effect of the settlement between the parties, the waiver of the right to seek re-employment by the workmen, and the entitlement of the ....
A lockout is justified if it is declared in response to an illegal strike or a strike that is in breach of a settlement or award.
The combination of eyewitness testimonies, recovery of the weapon used, and forensic examination results can establish guilt in criminal cases, even based on circumstantial evidence.
The conviction of an accused person under Section 27(3) of the Arms Act is not permissible in law if the accused is also charged with committing murder under Section 302 of the Indian Penal Code.
The court can enhance compensation based on the deceased's income and family dependency, and adjust the multiplier used by the Tribunal if found unjustified.
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
