Supreme Court of India

Shri V.S. Krishnan and Ors. v. M/s. Westfort Hi-tech Hospital Ltd. and Ors.

Neutral citation
Reported as [2008] 3 S.C.R. 184
Bench Tarun Chatterjee and P. Sathasivam JJ.
Decided 21 February 2008

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

We are of the view that the impugned judgment of the High Court is fair to both sides and safeguards the interest of the directors and shareholders; hence there is no valid ground to interfere under D Article 136 of the Constitution of India.

Judgment, page 26

From the headnote

Company Law: Companies Act, 1956 - s. 172 rlw s. 53 -- Meeting -- c Annual General Meeting (AGM) - Service of notice - Complaint by Appellant Director that he did not receive notice of the AGM - Tenability of - Held: Not tenable - Appellant was party to Board meeting, wherein date, place and agenda of AGM was fixed -Also, Respondents produced "Certificates of Posting" to establish service of notice of AGM on Directors ... and other shareholders. Companies Act, 1956 - s.397 rlw s.398 - Oppression and mismanagement -Plea of Appellants that they invested huge sum in Respondent-company on promise

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