Supreme Court of India

Mr. Vikram Bakshi & Ors. v. Ms. Sonia Khosla (dead) by Lrs.

Neutral citation
Reported as [2014] 6 S.C.R. 762
Bench S.S. Nijjar J.
Decided 8 May 2014

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.

2 Supreme Court benches have cited this judgment.

What the Court ordered

In view of the aforesaid consensus, about H the course of action to be adopted in deciding the disputes VIKRAM BAKSHI & ORS. v.

Judgment, page 19

From the headnote

Company law: Collaborative agreement - Two groups joined together for collaborative business venture - Dispute between them with regard to appointment of Director and shareholding - Company petition before the Company Law Bo.ard (CLB) - Interim order made by CLB - Stay of interim order by High Court - Challenged - Contempt petitions and petitions u/s.340 Cr.P. . also filed - Held: Numerous cases pending between the two groups including contempt petitions (civil or criminal) and petitions u/s. 340 Cr. P. . -· There is complete deadlock so far as affairs of the company are concerned and unless

Where later benches applied it

Of those, 1 relied on · 1 referred to

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