Supreme Court of India

Dankha Devi Agarwal (dead) through Lrs. v. Tara Properties Pvt. Limited and Ors.

Neutral citation
Bench B.P. Singh and Altamas Kabir JJ.
Decided 17 August 2006

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-Sections 286, 397 and 399-Fradulent transfer of shares belonging to a majority shareholder by minority shareholders with a view to wrest control over the management and affairs of the company- Board of Directors allotted unsubscribed authorised capital with a view to regain control over the company-Minority shareholders were removed from Directorship of the company by passing a Resolution in an Extra-ordinary General Meeting of the Company-Suit filed by the majority shareholder allegedly to declare the purported transfer of shares to the minority shareholders as null and…

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