Supreme Court of India

Ramanarang v. Ramesh Narang and Ors.

Neutral citation

Reported as [1995] 1 S.C.R. 456

Bench A.M. Ahmadi, K. Jayachandra Reddy and R.M. Sahai JJ.

Decided 19 January 1995

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.

8 Supreme Court benches have cited this judgment.

What the Court ordered

For the above reasons we are of the opinion that since the interim order of stay did not specifically extend to the stay of conviction for the purpose of avoiding the disqualification under Section 267 of the C!Jm panies Act, there is no substance in the appeal and the appeal is, therefore, dismissed.

Judgment, page 20

From the headnote

Companies Act, 1956-Ss.267, 274, 283-Managing Director-Appoint ment of after incurring disqualification-Effect of-COmpany appointing a person as Managing Director after he was convicted of offence involving moral turpitude-operation of judgment of Sessions Cowt stayed by appellate court under s. 389(1) Cr.P. .--Fact that stay sought of disqualification incurred unders s.267 because of conviction not mentioned in stay application-Held, company committed infraction. of mandatory provision of s.267-0peration of s.267 would take effect as soon as conviction is recorded by a competent court-Order

Where later benches applied it

2022 Sukhpal Singh Khaira v. The State of Punjab relied on
2018 Lok Prahari, through its General Secretary S.N. Shukla v. Election Commission of India & Ors. relied on
2012 State of Maharashtra through Cbi, Anti Corruption Branch, Mumbai v. Balakrishna Dattatrya Kumbhar relied on
2012 Guru Basavaraj @ Beene Settappa v. State of Karnataka relied on
2020 Saritha S. Nair v. Hibi Eden referred to
2016 Mahipal Singh Rana, Advocate v. State of Uttar Pradesh referred to
2013 Lily Thomas v. Union of India & Ors. referred to
2013 Yakub Abdul Razak Memon v. The State of Maharashtra, through Cbi, Bombay referred to

Of those, 4 relied on · 4 referred to

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