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Supreme Court of India

M.s.d.c Radharamanan v. M.S.D. Chandrasekara Raja and Another

Neutral citation
Bench S.B. Sinha and V.S. Sirpurkar JJ.
Decided 14 March 2008

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.

6 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that the same is only evidence of the instances as to how a dead lock in the affairs of the company was viewed.

Judgment, page 20

From the headnote

Companies Act, 1956 - ss. 397, 398 and 402 - Power of Company court to grant relief uls 402 when no case for c oppression made out - Application u/ss 397 and 398 by Managing Director of Company alleging oppression on the part of Director - Company Law Board holding no act of malafide or oppression on part of Director - On account of deadlock in affairs of Company, directions to Director to purchase shares of MD - Upheld by High Court - On appeal held: There being two Directors, non-cooperation by one of them would affect thei smooth management of the affairs of r the company, thus, CL. and…

Authorities it was built on

Where later benches applied it

Of those, 2 relied on · 2 referred to · 2 mentioned

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