Supreme Court of India
Bajaj Auto Ltd. v. Company Law Board and 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
Companies Act, 1956 : Section 82. Transfer of shares-Public limited company-Listed with Stock Exchange-Refusal of-By Board of Directors-Power and Scope-Transfer of shares refused for the reasons that the purpose of purchase of shares was for ulterior motives with a view to destabilising the management of the Company and apprehension that its company might get inter-connected with the purchasing Company-Held : "Absolute and uncontrolled" power conferred on Board of Directors by Articles of Association of the Company to decline to register transfer of shares-But the discretion has to be…
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.