Allowed
The Securities and Exchange Board of India v. Aasthe Broadcasting Network Limited and Ors.
Bombay HCCHS/580/2007
Case brief
AI extract
What is this about?
The court allowed an amendment to the plaint adding an averment of breach of Section 77 of the Companies Act, 1956 regarding share allotment, holding it did not change the suit's nature, subject to costs and compliance.
What did the court decide?
Chamber summons allowed for amendment to plaint subject to costs of Rs. 3000/- to be paid by plaintiffs.