Allowed
T Aravinddakshan Nair and 61 Ors. v. Matushree Textile Ltd.(in Liqn.) through the Official Liquidator
Bombay HCCA/159/2013
Case brief
AI extract
What is this about?
In a company application seeking taking on board of shares, the High Court allowed the application despite a delay of six years, finding the reasons sufficient. The court kept consideration of another prayer open and the claim for its own merits. (N. M. Jamdar, J.)
What did the court decide?
The application is allowed in terms of prayer clause (a) and (b); consideration of prayer clause (c) is kept open.