Supreme Court of India

V. B. Rangaraj v. V. B. Gopalakrishnan and Ors.

Neutral citation
Reported as [1991] SUPP. 3 S.C.R. 1
Bench P. B. Saw Ant and B. P. Jeev An Reddy JJ.
Decided 28 November 1991

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.

9 Supreme Court benches have cited this judgment.

From the headnote

Companies Act, 1956 : Sections 3(iii), 26, 28, 31, 39, 40, 82, 109 and 110-Transfer of shares-Shareholder's right to transfer-Subject to restrictions contained in the Articles of Association of the ·Company-Agreement among shareholders restricting transfer of shares-Not specified in the Articles of Association-­ Whether binding on the company or on shareholders--Shares--Nature of­ Transferable like any other movable property. Of the total shareholding of 50 in a private limited company, 25 shares each were held by two brothers Band of a joint family. It was agreed among the two brothers, that

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