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Case Law Details

Case Name : Western Maharashtra Development Corporation. Ltd Vs. Bajaj Auto Limited (Bombay High Court)
Related Assessment Year :
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Western Maharashtra Development Corpn. Ltd. Vs Bajaj Auto Limited [MANU/MH/0109/ 2010]

In a decision, which is likely to have a wide impact on joint ventures/investment in public companies, the Bombay High Court (“Court”) has recently held that any clause in an agreement which restricts the free transfer ability of shares of public companies is void and non- enforceable, even if such restrictive clause is i

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