Supreme Court of India
Ashiwin S. Mehta & Anr. v. Union of India & Ors.
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.
What the Court ordered
We are of the opinion that in the present case the G Special Court failed to comply with the principles of natural justice.
Judgment, page 30
From the headnote
Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992: ss. 11, 3(3) and (4) - Attachment of the properties of the Notified persons - Sale of shares - Appellants, their family members and the corporate entities belonging to them purchased more than 90 lakh shares in ' ' Company - 0 Attachment of the majority of the holding - Order of the Special Court permitting the Custodian to sell 54, 88, 850 shares of '. ' Company at Rs. 901- per share - Correctness of - Held: Special Court failed to make a serious effort to realise the highest possible price for the said
Authorities it was built on
- 1979 Ramana Dayaram Shetty v. The International Airport Authority of India and Ors.
- 1969 A. K. Kraipak & Ors. Etc. v. Union Of. India & Ors.
- 1986 State of Madhya Pradesh & Ors. v. Nandlal Jaiswal & Ors.
- 1981 Swadeshi Cotton Mills v. Union of India
- 2003 Rajesh D. Darbar and Ors. v. Narasingrao Krishnaji Kulkarni and Ors.
- 1997 B.O.I. Finance Limited Etc. v. The Custodian and Ors. Etc.
- 1973 Gajadhar Prasad & Ors. v. Babu Bhakta Ratan & Ors.
- 1993 Desh Bandhu Gupta v. N L. Anand and Rajinder Singh
- 1980 Ramji Dayawala & Sons (p) Ltd. v. Invest Import
- 2006 Ashwin S. Mehta and Anr. v. Custodian and Ors.
- 2008 Sudhir S. Mehta & Ors. v. Custodian & Anr.
- 2006 Employees State Insurance Corporation and Ors. v. Jardine Henderson Staff Association and Ors.
- 2011 Sesa Industries Ltd. v. Krishna H. Bajaj and Ors.
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