1990 (11) TMI 324

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....anan Poti and Prabhakarn for the Respondent JUDGMENT The petitioner in Company Petition No. 19 of 1974 is the appellant in this appeal. The petition was one filed under sections 397 and 398 of the Companies Act, 1956, for relief against oppression. M.P. Menon J., by his judgment dated January 8, 1981, dismissed the petition. The petitioner filed M.F.A. No. 96 of 1981 and assailed the order p....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....sideration by the Division Bench in disposing of the appeals by-its judgment dated October 18,1982. The petitioner in the company petition took up the matter in still further appeal before the Supreme Court In C.A. 10113 of 1983 (S.L.P. Civil No. 14575 of 1982), the supreme Court by its judgment date October 31, 1983, Disposed of the matter. The Supreme Court held that the High Court may consider ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ir and proper that the court of first instance-the company court-evaluates the matter afresh in the light of the inspector's report. We are not expressing any opinion about the merits of the case or about the inspector's report at this juncture. In the light of the subsequent events, we deem it only fair and proper that the court of first instance should consider the matter afresh in accordance wi....