Lalita Jalan & Anr vs Bombay Gas Co. Ltd. & Ors

The court addressed the interpretation of Section 630 of the Companies Act, 1956, specifically concerning the scope of the terms 'officer or employee'. Following previous precedents, the court affirmed that these terms should be interpreted broadly to include legal heirs or family members in possession of company property. The ruling emphasizes that the provision is quasi-criminal and intended to provide speedy relief to companies for the recovery of wrongfully withheld property.