Supreme Court of India · 2003-10-30
Dr. Mrs. Renuka Datla vs Solvay Pharmaceutical B.V. & Ors
- Citation / case number
- AIR 2004 SUPREME COURT 321
- Court
- Supreme Court of India
- Petitioner
- Dr. Mrs. Renuka Datla
- Respondent
- Solvay Pharmaceutical B.V. & Ors
- Author
- P. Venkatarama Reddi
- Bench
- S. Rajendra Babu, P. Venkatarama Reddi, Arun Kumar
Judgment text excerpt
The Supreme Court addressed disputes between shareholders of two pharmaceutical companies regarding the transfer of shareholdings. The Court noted that the parties reached a mutual settlement, which included the valuation of the companies and the shares held by the petitioners. The Court held that the valuation by the appointed Chartered Accountant would be final and binding, and stipulated terms for payment and interest in case of delays. The outcome was a resolution of the disputes through settlement rather than litigation.