Supreme Court of India
Rajahmundry Electric Supply Corporation Ltd. v. A. Nageswara Rao and Others.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
3 Supreme Court benches have cited this judgment.
What the Court ordered
In the result, the appeal fails and is dismissed with costs, of the first respondent.
Judgment, page 11
From the headnote
Indian Companies Act, 1913 (Vil of 1913), s. 153- sub-clause (J)(a)(i) and s. 162(v) and (vi)-Application for an order under s. 153- -Validity t!tereof to be judged Oil the facts at the time of presentation thereof-Subsequent events-Effects thereof-Order under s. 153- -Whether competent before facts proved make out a case for u1inding up under s. 162-Wordsi "just and equitable" in s. 162(vi) -Whether ejusdem generis with the matters mentionned in clauses (i) to (v) of the section--Mere misconduct of Directors in misappropriat. ing funds of a Company-Apart from other circumstances-Whether
Where later benches applied it
- 2021 Tata Consultancy Services Limited v. Cyrus Investments Pvt. Ltd. and Ors.
- 2010 Zonal Manager, Central Bank of India v. M/s. Devi Ispat Ltd. & Ors.
- 2011 Chatterjee Petrochem (i) Pvt. Ltd. v. Haldia Petrochemicals Ltd. & Ors.
Of those, 2 relied on · 1 referred to
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