Apte L. V. v. R. G. N. Price the Official Liquidator of the Andhra Paper Mill (In Liquidation) Co. Ltd.

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

1962 Supreme(Online)(AP) 25

ANDHRA PRADESH HIGH COURT
Mr. , J
Apte L. V. v. R. G. N. Price the Official Liquidator of the Andhra Paper Mill (In Liquidation) Co. Ltd.

Advocates:
For the Appellants/Petitioners: Mr. Padmanabha Mudaliar
For the Respondents: Mr. Ananta Babu

Table of Content
1. introduction of the appeals and details of original suits. (Para 1 , 2 , 3)
2. summary of the district judge’s findings and judgments. (Para 4 , 5 , 6)
3. historical background regarding the andhra paper mills and its management. (Para 8 , 9 , 20)
4. plaintiff's case regarding trustee responsibilities and claims. (Para 26 , 27 , 30)
5. court's decision on the limitations and validity of claims. (Para 28 , 29)
6. discussion on the obligations and rights of debenture trustees. (Para 46 , 50)

1. These are connected appeals directed against the judgment and decree of the learned District Judge East Godavari in Original Suits Nos.41, 48 and 49 of 1956 and I.A. No.30 of 1957 in O.P. Nos.105 of 1955. The three suits and the interlocutory applications were filed by Mr. R.G.N. Price, the Official Liquidator of the Andhra Paper Mills Co. Ltd., Rajahmundry (which will hereafter be called the Company).O.S. No.51 of 1956 which is the main and comprehensive suit, has been brought for the rendition of accounts and other reliefs against the managing agents of the company, the debenture) trustees and their agents, who functioned as such at various times between 23/03/1940 to 17/10/1945

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1962 Supreme(Online)(AP) 25

ANDHRA PRADESH HIGH COURTMr. , JApte L. V. v. R. G. N. Price the Official Liquidator of the Andhra Paper Mill (In Liquidation) Co. Ltd.

ANDHRA PRADESH HIGH COURT
Mr. , J
Apte L. V. v. R. G. N. Price the Official Liquidator of the Andhra Paper Mill (In Liquidation) Co. Ltd.