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    <title>1976 (1) TMI 119 - HIGH COURT OF BOMBAY</title>
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    <description>Shareholders interested in a proposed scheme under section 391 could be allowed to file an affidavit and be heard at the ex parte summons-for-directions stage. Rule 67 of the Companies (Court) Rules, 1959 permits an ex parte summons subject to rule 68, while rule 63 requires service on the company or liquidator; however, an ex parte process does not by itself bar an interested party from placing its views before the Court. Fair procedure and natural justice supported hearing the shareholders, especially where the liquidator opposed the application and the shareholders sought to assist the Court. Their affidavit was taken on file.</description>
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    <pubDate>Tue, 27 Jan 1976 00:00:00 +0530</pubDate>
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      <title>1976 (1) TMI 119 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=99339</link>
      <description>Shareholders interested in a proposed scheme under section 391 could be allowed to file an affidavit and be heard at the ex parte summons-for-directions stage. Rule 67 of the Companies (Court) Rules, 1959 permits an ex parte summons subject to rule 68, while rule 63 requires service on the company or liquidator; however, an ex parte process does not by itself bar an interested party from placing its views before the Court. Fair procedure and natural justice supported hearing the shareholders, especially where the liquidator opposed the application and the shareholders sought to assist the Court. Their affidavit was taken on file.</description>
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      <pubDate>Tue, 27 Jan 1976 00:00:00 +0530</pubDate>
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