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        Companies Law

        2008 (4) TMI 508 - SCH - Companies Law

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        Supreme Court: 'other legal proceedings' in Companies Act do not include criminal cases The Supreme Court of India clarified that 'other legal proceedings' in section 446(1) of the Companies Act, 1956 do not include criminal proceedings. The ...
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                          Supreme Court: 'other legal proceedings' in Companies Act do not include criminal cases

                          The Supreme Court of India clarified that "other legal proceedings" in section 446(1) of the Companies Act, 1956 do not include criminal proceedings. The appeal was dismissed as the issue was already addressed in a prior court ruling.


                          The Supreme Court of India in the case of M/s. Pennar Paterson Ltd. clarified that the expression "other legal proceedings" in section 446(1) of the Companies Act, 1956 does not include criminal proceedings. The appeal was dismissed as the question was covered by a previous court decision.
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