Reliance Food Processing Solytions Limited and Ors. v. Anil Kumar Poddar Son of Late Ram Karan Poddar and Anr.
Case brief
What is this about?
The High Court of Judicature at Bombay, in Criminal Appeals under special jurisdiction, quashed and set aside proceedings initiated by Anil Kumar Poddar to dissolve the Applicant Companies. The Court held that since the respondent was not a shareholder, he lacked the legal right to claim dissolution or to impugne the earlier order dated 7th March 2013 made in a similar matter, noting that no stay
What did the court decide?
The proceedings initiated by the Respondent No.1 - Anil Kumar Poddar are quashed and set aside.