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H. ANRAJ ETC. v. GOVERNMENT OF TAMILNADU ETC

Citation: [1985] SUPP. 3 S.C.R. 342

Court: Supreme Court of India

Bench: V.D. TULZAPURKAR, SABYASACHI MUKHERJI

Case summary

The capital issue by a Joint Stock Coinpany is governed by the provisions of the Companies Act and Memorandum and Articles of Association of the company (whereunder no C01llp8ny can subscribe to or purchase its own shares since it lllllOunts to reduction of capital) whereas...

Judgment text

The capital issue by a Joint Stock Coinpany is governed by the provisions of the Companies Act and Memorandum and Articles of Association of the company (whereunder no C01llp8ny can subscribe to or purchase its own shares since it lllllOunts to reduction of capital) whereas...