Case Law Details
Case Name : Sesa Industries Ltd. Vs. Krishna H. Bajaj & Ors. (Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
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Whether sanction of amalgamation scheme can be held up as conduct of Official Liquidator is found to be blameworthy
Brief:- These appeals, by special leave, are directed against the judgment dated 21st February, 2009 delivered by a Division Bench of the High Court of Bombay at Goa whereby the Division Bench has set aside the judgment of the learned Single Judge dated 18th December, 2008, sanctioning a scheme of amalgamation between the appellant company and Sesa Goa Limited (for short SGL), the Transferee Company.
Official Liquidator had failed to discharge the duty cast on him in terms of the...
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