Supreme Court of India
Darius Rution Kavasmaneck v. Gharda Chemicals Limited & Others
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.
1 Supreme Court bench has cited this judgment.
What the Court ordered
We are of the opinion that the concept of HYBRID (Section 43A) companies is not altogether abolished.
Judgment, page 40
From the headnote
Companies Act, 1956 - ss. 3(1)(iii), 43A and 43A (1C), 43A (11) - Articles of Association - Article 57 - Pre-emption clause - Amendment made by the Companies (Amendment) Act, 2000 to ss. 3 and 43A - Effect of, on the rights and obligations created by Art. 57 of the Articles of Association of the Company - On facts, Company incorporated as private company, became public company - Art. 57 contained restrictions on the rights of all the shareholders to transfer their shares, shareholders desiring to sell his shares to offer shares to other shareholders of the company - Respondent no.
Authorities it was built on
Where later benches applied it
Of those, 1 relied on
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