Refusal to convert warrants into equity shares cannot constitute ingredients of complaint u/s. 397/398 of Companies Act

HIGH COURT OF ORISSA

Orissa Sponge Iron & Steel Ltd.

V/s.

Bhushan Energy Ltd.

L. MOHAPATRA, J.

CO. PETITION NOS. 39 TO 41 OF 2009

FEBRUARY 22, 2011

JUDGMENT

1. The order dated 6th October, 2009 passed by the Company Law Board, Princ

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