Messrs Subham Fabrics Ltd. v. the Official Liquidator of High Court, Bombay and 3 Ors. Krishnakumar Karnani
Case brief
What is this about?
This court allowed two company applications filed by 100% shareholders of a company in liquidation, granting them status as interveners without detailed reasoning. The single-paragraph order disposed of the matters by noting the undisputed fact of shareholding.
What did the court decide?
Both company applications (No. 99 of 2007 and No. 1117 of 2007) were allowed, granting the shareholders status as interveners.