Supreme Court of India
Shakti Yezdani & Anr. v. Jayanand Jayant Salgaonkar & 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.
From the headnote
Issue for consideration: Whether a nominee of a holder of shares or securities appointed u/s. 109A of the Companies Act, 1956 rea d with the Bye-laws under the Depositories Act, 1996 is entitled to the benefi cial ownership of the shares or securities subject matter of nomina tion to the exclusion of all other persons who are entitled to inherit the e state of the holder on testator’s death as per the law of succession. Companies Act, 1956 – s. 109A and s. 109B – Companies Act, 2013 – s. 72 – Depositories Act, 1996 – Byelaw 9.11.1 – Nomination of shares – Eff ect – Nominee of a holder of shares
Authorities it was built on
- 1987 Reserve Bank of India v. Peerless General Finance & Investment Co. Ltd. Ors. and Vice Versa
- 1991 R. S. Raghunath v. State of Karnataka and Anr.
- 2011 Shanker Raju v. Union of India
- 2000 Shri Vishin N. Khanchandani and Anr. v. Vidya Lachmandas Khanchandani and Anr.
- 2001 Municipal Corpn. of Greater Bombay and Ors. v. Hindustan Petroleum Corpn. and Anr.
- 2010 Ram Chander Talwar & Anr. v. Devender Kumar Talwar & Ors.
- 2009 Shipra Sengupta v. Mridul Sengupta & Others
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.