Supreme Court of India
Vinod Krishan Khanna & Ors. v. Amritsar Swadeshi Woollen Mills Private Limited
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
In the result, Civil Appeal No. 5087/2019 [Item No. 5], Civil Appeal No. 8907/2019 [Item No. 5.2] and Civil Appeal No. 8912/2019 [Item No. 5.3] are allowed to the extent indicated by this judgment.
Judgment, page 8
From the headnote
Companies Act, 1956 – ss.397 and 398 – Company Petiti on filed by Appellants in 2007 against Respondent-compan y and its’ eight directors before Company Law Board (CLB) – Appell ants, who had 14.62% of the paid-up share capital of Respondent -company, agreed to sell their shares and go out of Responden t-company – Independent valuer, appointed by CLB, determined fair price of the shares to be Rs. 10.35 each – National Company Law Tribunal (NCLT), in 2018, directed Respondents to hand over purchase consideration to Appellants @ Rs.10.35 per share alongwith simp le interest @9% per annum –
Authorities it was built on
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.