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Supreme Court of India

M.s.d.c Radharamanan v. M.S.D. Chandrasekara Raja and Another

Neutral citation
Reported as [2008] 5 S.C.R. 182
Bench S.B. Sinha and V.S. Sirpurkar JJ.
Decided 14 March 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.

6 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that the same is only evidence of the instances as to how a dead lock in the affairs of the company was viewed.

Judgment, page 20

From the headnote

Companies Act, 1956 - ss. 397, 398 and 402 - Power of Company court to grant relief uls 402 when no case for c oppression made out - Application u/ss 397 and 398 by Managing Director of Company alleging oppression on the part of Director - Company Law Board holding no act of malafide or oppression on part of Director - On account of deadlock in affairs of Company, directions to Director to purchase shares of MD - Upheld by High Court - On appeal held: There being two Directors, non-cooperation by one of them would affect thei smooth management of the affairs of r the company, thus, CL. and

Authorities it was built on

Where later benches applied it

Of those, 2 relied on · 2 referred to · 2 mentioned

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